The post XRP Climbs to $3.20 as Hidden Breakout Signals Point to Bigger Moves Ahead appeared first on Coinpedia Fintech News
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.