XRP Price Eyes Major Bullish Candle as $3.35 Level Looms

TLDR

• XRP trades at $1.41 after gaining 3.4% over the past seven days.
• Analysts expect XRP to print a large bullish candle on the 3-week chart.
• The RSI line has crossed above its moving average, signaling a return to strength.
• Chart patterns show a repeating fractal structure on higher timeframes.
• The current cycle reflects a four-phase pattern seen in previous rallies.

XRP trades at $1.41 after gaining 3.4% over the past seven days. Analysts point to higher timeframe signals that suggest a large bullish candle may form soon. They state that a decisive move above $3.35 could trigger the broader rally.

XRP Price Signals Strength on Higher Timeframes

XRP price continues to hold key support levels as consolidation persists on the 3-week chart. Analysts report that momentum indicators now favor buyers after weeks of pressure.

The asset printed its first green 3-week candle in late March after three bearish closes. Since then, price action has remained steady and supports expectations of another bullish close.

CW said, “The RSI line has crossed above the RSI-based MA line.” He added that this crossover signals returning strength on higher timeframes.

The analyst expects XRP to print a second consecutive green 3-week candle. He also projects a larger bullish candle in the following period if momentum holds.

CW stated that the historical structure supports further expansion in this phase. He maintains that the asset has entered a stage that previously preceded strong upward moves.

XRP Price Fractal Points to $3.35 Breakout Level

Chart data shows a recurring price fractal that mirrors earlier market cycles. Analysts observe that each cycle followed a four-phase structure before reaching new highs.

During the first cycle between 2013 and 2017, XRP rose from $0.0059 to $0.439. In the current structure, price climbed from $0.43 to $3.35 during the late uptrend phase.

Phase two marked a corrective period as XRP pulled back into a broader symmetrical triangle. Phase three then formed a consolidation zone with reduced volatility and tighter ranges.

Analysts state that phase four typically begins with a breakout from the triangle pattern. XRP broke out in November 2024 and later retested the breakout zone.

CW said, “The real rally begins after the all-time high breaks.” He identified $3.35 as the resistance level that confirms expansion.

From the current $1.41 level, XRP would need a 137% increase to reach $3.35. The chart projects a measured move toward $20 if the price clears that barrier.

A move to $20 would represent a 1,318% rise from current levels. Another analyst, Hov, also projects a $15 to $20 target based on Elliott Wave structure.

Both analysts focus on the breakout above $3.35 as the key trigger. Until then, XRP price continues to consolidate while momentum indicators trend upward.

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