XRP Surges Past $3.60, Analysts Predict Imminent Breakout too $4 and Beyond
The cryptocurrency market is buzzing with renewed optimism surrounding XRP, as the digital asset has climbed past the $3.60 mark, igniting speculation of an impending surge towards $4. Influential analyst “The Bearable Bull” has boldly predicted XRP will exceed $4 by tomorrow, fueling further excitement within the XRP community. This sentiment is echoed by other analysts who observe a consistently positive trajectory for the coin.
Currently trading at $3.63,XRP has firmly established itself above previous resistance levels. The price action is being closely watched as it hovers in the $3.60 to $3.66 range, a critical area where a breakout could propel XRP significantly higher. Technical indicators on the daily chart reveal a forming flag pattern, a classic bullish signal suggesting an imminent acceleration in price. Current consolidation is being interpreted as a healthy pause rather than a sign of weakness.
Adding to the bullish outlook,renowned trader Peter Brandt has analyzed long-term charts,forecasting a potential 60% increase that could see XRP reach $4.47. Brandt’s projection aligns with a growing chorus of experts who believe XRP is on the cusp of a substantial upward movement.
Further bolstering this sentiment, crypto influencer 24hrschapto has issued a stark warning to those still anticipating a return to $2, stating, “XRP goes to $4 within 36 hours. Anyone who is still waiting for $2… is brainless. That chance is gone.” according to the influencer, XRP has entered a new phase where conventional market logic may not apply, predicting price targets of $5, $6, and even $7, citing the formation of a rising price base.
While price models from platforms like Binance project XRP at $3.56 within 24 hours, and Coincodex anticipates $4.11 within a week, these more conservative forecasts still indicate a clear upward trend. Nonetheless of the exact timing, the consensus among market observers is that the era of low-priced XRP might potentially be drawing to a close, possibly signaling the begining of a more notable market phase for the digital asset.