The analyst, Don, shared this view on X, stating that XRP’s long-term structure remains constructive even though the asset has declined by roughly 1.4% over the past week and 13.68% over the past month.
Don’s analysis centers on a formation visible on XRP’s daily chart. According to him, the asset has been consolidating within a downward-sloping channel, a pattern that historically precedes upward expansions for XRP. This structure began to form after the
https://twitter.com/DonaldsTrades/status/1995771463362613462?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank
Although the asset has experienced several moments that appeared to signal a breakdown, such as the August low around $2.72 and a brief liquidity-driven drop to $0.77 on Binance in October, XRP has consistently reclaimed its structure and maintained support along the lower boundary of the channel.
The latest rejection at approximately $2.27 pushed XRP lower once again, positioning it for another test of the support zone.
Don views this consolidation as part of a typical accumulation cycle. His argument rests on the idea that prolonged compression within a defined range has historically preceded strong momentum shifts for XRP, especially when similar patterns have appeared earlier in the cycle.
A comparable technical setup occurred earlier in the year. Between January and early July, XRP traded within another descending channel after reaching a local high near $3.40. That high followed a significant surge in late 2024, after which the market transitioned into a corrective period.
During that earlier consolidation, XRP repeatedly tested the channel boundaries but maintained its overall structure. Once the asset approached the resistance line in early July and stabilized near that area, it staged a notable breakout.
https://twitter.com/kryptonewscom/status/1934162718258499855?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank
A modest gain on July 9 triggered a rapid upward extension, propelling the price from around $2.31 to $3.67 in a short period. Don believes the present market cycle closely mirrors that earlier movement and could produce a similar reaction once XRP challenges the upper line of the current channel.
Don considers $4 to be a straightforward and conservative milestone once a breakout occurs. From the current price area around $2.15, this would reflect an approximate doubling in value. Other analysts share comparable expectations. Anticipates that once XRP exits its consolidation phase, it could advance toward the $4.50 region.
A more aggressive projection comes from Egrag Crypto, which argues that a successful breakout may not stall near $4 and could extend toward significantly higher valuations, including levels near $27.
The prevailing analysis suggests that XRP continues to form a technical base consistent with historical patterns that have preceded sharp upward movements. While no projection is guaranteed, multiple analysts agree that a breakout from the current channel could place the $4 range within reach.
Further price expansion would depend on market conditions, momentum, and whether traders interpret the breakout as a signal for larger accumulation.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent BitcoinLinux’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. BitcoinLinux is not responsible for any financial losses.
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The post Analyst Identifies Clear Path to $4 XRP appeared first on BitcoinLinux.
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