News
  • Rizwan Ansari
    author-profile
    Rizwan Ansari right arrow
    Author

    • 2 minutes read

    XRP Climbs to $3.20 as Hidden Breakout Signals Point to Bigger Moves Ahead

    Story Highlights
    • XRP breaks $3.20 with old patterns repeating, pointing to a possible major rally soon.

    • Versan Aljarrah sees a secret link: falling Dollar Index often pushes XRP much higher.

    • Analysts Ali Martinez and CasiTrades see Fibonacci levels supporting XRP push toward six dollars.

    • XRP trading volume hits $11.5 billion, with short sellers losing three hundred sixty million.

    Ripple’s XRP is back in the spotlight, roaring past the $3 mark for the first time in years. While a few think this rally could cool off soon, many experts see the opposite. Old patterns are starting to show up again, and they hint that XRP might just be warming up for its next big jump. 

    If you look closely, the clues for another breakout are hiding in plain sight.

    XRP Breakout Is Hidden in Plain Sight

    Ripple’s XRP is back in the spotlight, surging 10% in the last 24 hours to hit $3.20 and posting an impressive 33% gain over the past week. Meanwhile, the recent breakout wasn’t just another price pump. 

    XRP shattered a long-term resistance trend that has been holding the token back for years. XRP is now consolidating in a smaller triangle pattern, a classic setup before another big move. If history repeats, this could pave the way for a sharp rally.

    Meanwhile, Versan Aljarrah, Co-founder of Black Swan Capitalist, says a hidden pattern is driving this rally. He points to an often-overlooked connection between XRP and the U.S. Dollar Index (DXY). According to him, every time the DXY falls sharply, XRP tends to shoot higher. 

    Looking back, the same setup has appeared three times before, in 2018, 2021, and late 2024, each time sending XRP to multi-year highs. With the DXY now dropping again due to shifting economic policies, Aljarrah believes XRP could see another major jump if the dollar dips closer to levels last seen in 2018.

    Analysts See $6 or Higher

    Aljarrah isn’t alone in this bullish outlook. Well-known crypto analyst Ali Martinez predicts XRP could hit $6, while another expert, CasiTrades, highlights Fibonacci levels supporting a strong breakout.

    Meanwhile, optimism about a possible XRP ETF and the easing Ripple-SEC lawsuit has given the community more hope for price stability.

    Trading Volumes Hint at Strong Demand

    Adding fuel to the fire, XRP’s trading volume just jumped to $11.5 billion. Short sellers betting against the coin have lost big, with $360 million in shorts wiped out in the broader market, a sign that bulls are in control.

    Meanwhile, the daily chart shows a possible 38% upside if the momentum holds, putting XRP’s short-term target near $3.77. With liquidity stacked just above $3.40, many traders believe a breakout could trigger an explosive move higher.

    Show More

    Related Articles

    Back to top button