- XRP is bouncing back from recent lows, currently trading at $2.47 after a 38% rebound.
- Technical patterns suggest XRP could hit $2.77 soon, with potential for $4.20 if a breakout occurs.
- Traders are eyeing the $2.66–$2.98 range as a key liquidity zone that could guide the next move.
XRP’s had a wild few months. After peaking at $3.39 back in January (a 7-year high, no less), the price slid almost 30%. Ouch. But—thanks to some positive developments like a possible resolution in the SEC case and Ripple’s shiny new license in Dubai—the coin’s made a bit of a comeback. As of March 24, XRP climbed back up to $2.47, which is a solid 38% bounce off its $1.79 low earlier this year.
Parallel Channel Points to $2.77—Maybe
If you’re squinting at the charts, you might notice XRP is cruising inside a rising parallel channel. That’s fancy talk for “it’s going up in a steady pattern.” The coin just bounced off the lower end of that channel around $2.37, which also happens to match the 50-period EMA on the 4-hour chart (yep, the red line thing).
Now, the next big test? $2.59. That’s where the 0.618 Fibonacci level sits—a key resistance zone that stopped the rally dead in its tracks on March 19. If XRP can break through that wall, the next likely stop is up near $2.77, which is also the upper edge of that same channel and lines up with the 0.786 Fib level.
Market analyst Dom thinks XRP really needs to hold above $2.50 to keep the good vibes going. That price also happens to match its volume-weighted average price (VWAP), which is a fancy metric traders use to figure out whether the price is fair.
Triangle Pattern Could Mean Big Move Soon
Zooming out a bit—literally—we can see XRP’s been squeezing into a symmetrical triangle. That’s when price action gets tighter and tighter until boom… something usually gives. The triangle formed after XRP exploded 575% between Nov 2024 and Jan 2025, so if it breaks out in the same direction, we could see another surge.
How much? Well, some technical folks say a breakout could push XRP to around $4.20 by May. That’s like 70% higher from where it is now.
CrediBULL Crypto (yes, that’s really his name) is also bullish, suggesting XRP is setting up for a fresh all-time high above $3.40.
Heatmap Targets: Watch $2.66–$2.98
Looking at the Binance XRP/USDT liquidation heatmap (basically a treasure map for where traders are likely to get wrecked), there’s a lot of action clustered between $2.66 and $2.98. These spots act like price magnets—if XRP gets moving, that range could be its next target.
So yeah, between patterns, momentum, and all the hype… XRP might just be getting started. Or not. It’s c—anything can happen.
