The trader predicts that the price of XRP will soon reach $ 5 – here is the chart behind the call
The XRP price had a solid week with an 8.5% pump and now trades between $ 2,20 and $ 2.25. The World Rankboard took time today to update the XRP price forecast for the coming weeks.
Looking at the chart shared by the “World of Charts”, the XRP is trapped in the falling wedge pattern trapped from late December 2024 to mid-April 2025. The pattern shows two pure trend-switching downturns that pushed the price with each rally lower, and a lower descending support line that caught DIPS. It is considered to be a classic bullish turning habits in technical analysis.
Transparent took place in mid -April 2025 when the XRP was finally overpowered falling wedge An obstacle line. The real price movement shows a small upward move from about $ 2.20 to about $ 2.20.
It is worth noting that the XRP had a huge 4x rally at the end of 2024, climbing from $ 0.80 to over $ 3.00. This previous rally demonstrates the ability of the XRP to align the market conditions with huge price movements.
Currently, the price of XRP moves on the side, consolidating slightly above the Wedge Breakout zone (about $ 2,10-2.20). The actual price of the screenshot is about $ 2.18. This tight consolidation range is often interpreted as a bullish sign after the pattern breakthrough. The current support zone seems to be about $ 2,00 to $ 2.20, while there is no clear resistance before and after $ 2.50-2.70.
“The World Ranking” predicts another high price for the 5th Dollaris border in the coming weeks. This prediction is based on the three main technical factors: a successful breakthrough from Bullish wedge pattern, a tight consolidation phase we see after breaking, and the expectation of strong bullish continuation, which usually follows such patterns.
Predicted moving from about $ 2.20 to $ 5 would mean another impressive profile that is over 125%. For traders monitoring this setting, real confirmation should be a real confirmation if the XRP breaks a strong volume zone of $ 2.50-2.70. Until then, the 5 -dollar prediction will remain a forecast based on the current technical structure, not the fortress.
Read also: real reasons Blackrock avoid XRP ETF: Expert Insights
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