XRP price ‘looking very bullish’ after 25% weekly gain: How high can it go?

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Ah, the classic game of crypto. XRP has made an almost absurd 25% rebound from the $2 psychological barrier this past week. Thanks to some hearty ETF inflows-over $164 million-pushing the price higher, we now find ourselves in a place where charts look surprisingly “bullish,” if that’s your thing. Grayscale’s GXRP and Franklin Templeton’s XRPZ are throwing in their weight, making this saga all the more interesting. Who says there’s no such thing as free money?

Key takeaways:

  • Hold tight-XRP’s staying bullish above the $2 mark, and the technicals point to a possible $3.30-$3.50 target. Make sure your seatbelt is on. 🚀

  • But hey, don’t get too comfy. Resistance between $2.23-$2.50 could bring the bears out of hibernation. If that happens, get ready for a tumble back down to $1.82. Yikes, right? 🐻

Multiple XRP signals open the way for a 50% rally

On Friday, XRP held its ground at the $1.95-$2.05 support zone, proving that it’s not just all hype. This little parallel channel has been XRP’s best friend since December 2024, bouncing back from support levels with an almost comical bounce of 75-90%. Can we expect the same action? Maybe, but this time with a 57% potential upside by year’s end if everything goes according to plan. Could be Christmas come early! 🎄💰

The beauty here? On-Balance Volume (OBV) is stepping up its game, showing that real buyers are coming in hot. Don’t just take my word for it-analyst Milkybull Crypto is all in on this. OBV is telling us that when the volume goes up, so does the confidence. When it goes down, well… sell, sell, sell! But for now, OBV’s on the up-and-up. 🤷‍♂️

XRP’s 2017 fractal setup reiterates $3.50 target

Now, here’s the spicy part: XRP’s current behavior is eerily reminiscent of its 2017 breakout. Analyst GalaxyBTC has spotted it-a déjà vu moment. The $2 region, where XRP is consolidating, feels a lot like the mid-range support it reclaimed right before launching into that insane rally back in the day. History repeating itself? Time will tell, but $3.30-$3.50 isn’t a fantasy. It’s looking more and more like the next stop on the train. 🚂💸

XRP’s finding comfort in its green accumulation zone, like a bear hibernating in a den, and it’s respecting the broader breakout structure set earlier this year. Prices are stable, buyers are cozy, and the $3.50 level feels tantalizingly close.

What could change the bullish XRP view?

Hold your horses, though. Not everything is sunshine and rainbows in the crypto world. XRP still faces several technical hurdles to maintain its bullish momentum. As of Tuesday, the token was fighting against the 0.236 Fibonacci retracement level around $2.23. Break through this, and it’s on to the next challenge: the 50-day and 200-day EMAs, which have stopped XRP from going full throttle since October. Talk about roadblocks. 🛑

If the technicals hold, and that EMA ceiling persists, XRP could find itself falling back to the lower boundary of its descending channel. We’re talking a potential dip back down to $1.82 by year’s end. Not the “dead cat” bounce anyone’s hoping for, but that’s crypto for you-volatility and uncertainty are the name of the game. 🤷‍♂️

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2025-11-25 15:55