- Analyst Setupsfx says XRP is in a bullish reversal phase, targeting $3.5 short-term, possibly $4+ long-term.
- Technicals show signs of accumulation, strong buyer wicks, and trendline rejections — all classic bullish signals.
- Entry zone pegged at $1.80, with stop-loss protection near $1.20 to manage risk.
XRP’s been riding a weird wave lately — dipping, consolidating, kind of just chilling in no-man’s-land. But that might be changing real soon. One crypto analyst thinks the tides are about to flip hard, and XRP could be headed toward $3.5… maybe even higher.
Yep, we’ve heard the hype before. But this one’s got some solid chart work to back it up.
XRP Might Be Warming Up for a Breakout
A trader going by Setupsfx on TradingView dropped an update suggesting that XRP is in the early stages of a bullish reversal. Basically, that’s trader-speak for: “It’s done bleeding, and now it wants to run.”
According to his analysis, XRP is poised to break out of its recent range and spike toward $3.5 — that’s the near-term target. But here’s the kicker: $3.5 isn’t the ceiling. Based on the chart’s momentum and structure, he says we could see XRP shoot past its all-time high of $3.84 if everything lines up just right.
Short-Term Rally? Maybe. Long-Term Surge? Could Be.
Right now, XRP is floating around $2.09. That means if this plays out like the analyst predicts, we’re talking about a near 100% move to hit his long-term target of $4 or more.
For short-term traders, he’s flagging $3.5 as a solid level to take profits — just in case the market starts to pull back after a big move. But for the patient ones out there? Holding through might be worth the ride, especially if XRP catches serious momentum.
What’s Actually Fueling This Bullish Talk?
Good question. It’s not just wishful thinking. Setupsfx laid out a few technical clues that point toward a reversal:
- Accumulation phase: XRP’s been trading sideways at lower levels, and that kind of coiling usually means something’s about to pop.
- Liquidity and IMB zones: Basically areas where orders are stacked, and price is likely to react. XRP’s been tapping those zones recently.
- Long wicks on the bottom of candles: That’s a hint buyers are stepping in. The sellers push it down, but the bulls snap it right back up.
- Three-point trendline rejection: XRP has tested and bounced off a resistance line multiple times. If it breaks through soon? That’s the move.
He even marked an ideal entry point at $1.80 for anyone looking to jump in — with a stop-loss down around $1.20, just in case things go south.
Still, Let’s Not Get Ahead of Ourselves…
Yes, the chart looks promising. But crypto’s still crypto. Volatile. Unpredictable. Full of surprises (some good, some not-so-good). And while technicals help, they don’t guarantee anything. Macro conditions, whale behavior, or even random news can flip sentiment in a heartbeat.
Still — for now — XRP’s setup is looking stronger than it has in weeks. If it clears resistance and volume steps in, $3.5isn’t out of reach. And beyond that? Well, we’ll see.
