A prediction making rounds on social media this week claims XRP could hit new all-time highs above $4 within six days, pointing to a weekly chart squeeze as the primary signal. The claim has picked up traction in the XRP community, though analysts who follow the token closely are offering a more neutral perspective.
XRP is currently trading around $1.34, down 2.39% on the week.
Looking at the weekly chart, XRP has been trading inside a descending channel since its peak above $3.50 in mid-2025. The price has been grinding lower through a series of lower highs and lower lows, with the channel tightening noticeably in recent weeks. The pink highlighted zone on the chart marks the current compression area, with a large green arrow pointing toward a potential breakout above $1.50 and beyond.
The squeeze is real. Bollinger Bands on the weekly timeframe are at their tightest levels in months, a condition that historically precedes a significant move in either direction.
One measured analyst offered a more structured view of where XRP stands right now.
Analyst Josh of Crypto World said that on the weekly timeframe, the longer-term trend remains technically bearish. A full reversal out of the larger bear market structure has not yet been confirmed. The $1.30 level continues to hold as a significant support, a level the analyst had been flagging as critical since XRP was trading near $3.
Immediate support sits at $1.34 to $1.35, with further support at $1.32 and the key level at $1.30. Resistance is expected at $1.38 to $1.39, a zone where the price has already rejected recently. A clean break above that opens the path toward $1.44 to $1.45.
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