XRP Price Primed to Explode Past $4.65 If This Resistance Breaks

Key Insights:

• XRP price eyes $4.65 breakout as it tests $3.65 resistance on strong volume and trendline support.
• Monthly “Chasm” pattern targets $9.41–$11.00 if XRP continues its third macro cycle rally.
• SEC ETF approval adds XRP to regulated assets, boosting institutional investor confidence.

XRP price has surged past $3.50 and is now consolidating under critical resistance at $3.65. The formation of bullish trends on daily and monthly charts indicates a strong rally can be expected after this zone is cleared. With strong on-chain sentiment and ETF tailwinds, the Ripple token appears to be set for a possible run toward $4.65.

XRP Price Eyes Breakout Above $3.65 Barrier

XRP price is currently trading around $3.47 after trading between $3.40 and $3.66 for four days. CasiTrades argued that this range represented a period of consolidation on a flipped trendline, which was once resistance but now support. Such a bullish flip structure is common before a breakout run.

CasiTrades noted that XRP price recently made a third touch of the trendline, signaling strong support. The price is gaining traction on the upside of the $3.65 resistance, and the RSI is far below the overbought zone. If the token clears this resistance, the next large resistance point is around $4.65.

On lower timeframes, XRP price continued to respect higher lows, indicating bulls are still in control. However, falling below $3.40 may unlock the pullback to $3.25 or $3.20. Despite this, the structure balance is bullish as long as the trendline is intact.

Monthly “Chasm” Formation Signals a Massive Rally

EGRAG CRYPTO pointed out a historic structure called the Chasm on the macro chart. In 2017 and in 2021, rallies were topped by the same level of red diagonal resistance line. In both cases, XRP price exploded by over 2,000% after touching or bypassing this level.

Cycle three has brought the XRP price back to this region, with the Chasm projected near $9.41. EGRAG maintained that the price had to act on this zone to have a valid cycle. He anticipated a significant breakout if XRP prices respect the same pattern as prior cycles.

The monthly chart also showed Ripple token holding above its 21 EMA and 33 SMA. These moving averages are trending upward, confirming macro strength. The current price action resembles previous broadening patterns that were seen before exponential rallies in the past.

Fibonacci extensions targets are projected at $11.00 and $37.00. These zones align with previous cycle peaks and project long-term possibilities if XRP maintains current momentum.

ETF Approval Opens Institutional Gateway for XRP

XRP inclusion in a newly approved Bitwise ETF is further fueling bullish expectations. As confirmed by SEC filings, XRP is now part of a fully regulated ETF alongside BTC, ETH, SOL, and others.

This development marked a significant milestone. XRP is no longer just a speculative altcoin; it now sits in regulated investment baskets. This paves the way to institutional inflows by pension funds, family offices, and sovereign wealth vehicles.

Analysts expect this ETF milestone to reduce regulatory friction around XRP. It might also drive demand by custodians and trading desks, providing digital asset exposure to more conservative clients. The ETF’s listing on the NYSE is expected to boost XRP price as liquidity and visibility increase.

Analyst Sets XRP Price Target at $4.70 If Breakout Confirmed

Meanwhile, CRYPTOWZRD believes XRP price is on the verge of triggering a major rally. He identified a daily Dragonfly doji, a bullish reversal candlestick, right beneath the resistance of $3.65. In his analysis, a break above this level will tend to trigger a breakout above the $4.60-$4.70 area.

He cited the support level at $3.3000 and the breakout trigger at $3.6500. He stressed that the move needed to be confirmed by volume. Once initiated, volatility above $4.00 may jump very quickly, as seen during earlier breakouts.

Another analyst also highlighted that XRP price has remained above its key support throughout the recent consolidation. He anticipated scalping by the price hitting the high-volatility level beyond the $3.65. According to him, the prevailing structure is biased towards the uptrend in the following sessions.