XRP Poised for Explosive Rally to New All-Time High, Analyst Predicts
XRP is set to make a powerful push toward a new all-time high, provided Bitcoin doesn’t “spoil the fun,” according to analyst Crypto Core News. Despite market uncertainty, XRP is showing remarkable resilience compared to its peers.
XRP Breaks Falling Wedge Amid Market Turbulence
Crypto Core News highlights that XRP has broken out of a multi-week falling wedge on the 4-hour chart, signaling a potential bullish trend. The wedge formation began after XRP hit a seven-year high of $2.90 on December 3, 2024. Following this peak, the token faced a pullback and weeks of consolidation, which continued into 2025.
However, a strong recovery last weekend saw XRP gain 10% on January 11, resulting in a breakout above the wedge pattern. While XRP briefly corrected to retest the breakout level, the analyst remains optimistic about a sustained upward movement.
Path to $4: Bitcoin Holds the Key
Crypto Core News believes XRP is on track to reach $4, provided Bitcoin maintains stability. Despite XRP’s resilience, the broader market trends dictated by Bitcoin often pose challenges. Recent Bitcoin slumps have been linked to macroeconomic factors, including strong U.S. employment data that dampen hopes of interest rate cuts.
If Bitcoin avoids triggering a bearish market phase, XRP could capitalize on its momentum. Following a brief consolidation on January 12 and 13, XRP resumed its upward rally, gaining 5.71% on January 14 to reach the $2.60 mark.
XRP Testing Key Resistance Levels
As of this morning, XRP has added another 5.34% to its gains, trading at $2.806 and testing the $2.80 resistance level. A decisive break above $2.85 could pave the way for XRP to target $4, which requires an additional 42% rally from its current price.
With strong technical indicators and market confidence, XRP remains a standout performer, poised for an explosive rally if market conditions remain favorable.
