Rally

Thing

<p><a href="https://bitcoinist.com/symmetrical-30000-xrp-price/">Crypto analyst Jaydee</a> recently highlighted a six-year trendline that could be significant for the XRP price potential move to the upside. Interestingly, the crypto token could already be set for a <a href="https://www.newsbtc.com/news/xrp-price-set-to-explode-analyst-identifies-trigger-for-next-parabolic-move/" rel="nofollow noopener" target="_blank">parabolic move</a>, considering it has already broken this trendline.&nbsp;</p> 
<h2 id="xrp-price-breaks-out-from-six-year-trendline">XRP Price Breaks Out From Six-Year Trendline</h2> 
<p>Jaydee confirmed in an X (formerly Twitter) <a href="https://x.com/jaydee_757/status/1764469352987058604?s=20" rel="nofollow" target="_blank">post</a> that XRP finally broke out from the six-year trendline he had alluded to earlier. In his earlier <a href="https://x.com/jaydee_757/status/1763736293333520509?s=20" rel="nofollow" target="_blank">X post</a>, he mentioned that a breakout from that trendline would be “massive” for <a href="https://bitcoinist.com/xrp-price-34000-to-200-crypto/">XRP’s price</a>. From the accompanying chart he shared, he hinted at XRP rising to as high as $3 when this breakout occurs (which it already did).&nbsp;</p> 
<p>If so, this imminent XRP rally coincides with crypto analyst <a href="https://bitcoinist.com/parabolic-breakout-xrp-price/">Crypto Rover’s prediction</a> that XRP would experience a “massive breakout” in March. Rover’s prediction is, however, more conservative as he hinted at the crypto token rising to just above $1 when this happens.&nbsp;</p> 
<p>Meanwhile, a significant rally from XRP right now will provide further optimism that crypto analyst <a href="https://www.newsbtc.com/analysis/xrp/xrp-price-800-5-90-days/#:~:text=%E2%80%9CXRP%20To%20%245%20In%2090,of%20a%20prolonged%20bull%20market.%E2%80%9D" rel="nofollow noopener" target="_blank">Egrag Crypto’s prediction</a> that XRP will rise to $5 by April can truly be actualized. Indeed, XRP has seen some form of resurgence lately, with the crypto token up by over 18% in the last seven days.&nbsp;</p> 
<p>A rise above $1 will also be significant, as XRP has not traded above that level since 2021. The crypto token wasn’t even able to hit the $1 mark when the <a href="https://bitcoinist.com/ripple-judge-deems-xrp-sale-non-investment-contract/">court ruled</a> it wasn’t a security in itself last year. It will also serve as a reward for XRP investors who have continued to hold the crypto token even when its price was stagnant for the longest time.&nbsp;</p> 
<h2 id="xrp-trading-below-1-might-soon-be-a-thing-of-the-past">XRP Trading Below $1 Might Soon Be A Thing Of The Past</h2> 
<p><a href="https://bitcoinist.com/crypto-analyst-egrag-crypto-predicts-huge-gains-for-ripple-shiba-inu-shows-bullish-signal-pullix-launch-set-for-q1-2024/">Crypto analyst Egrag Crypto</a> has also fuelled the revived bullishness on the XRP token. He suggested in an <a href="https://x.com/egragcrypto/status/1764216180108120480?s=20" rel="nofollow" target="_blank">X post</a> that XRP trading below the $1 mark would be a thing of the past if the crypto token were to achieve multiple closes above $1.3 “convincingly.” XRP rising to $1.3 would also pave the way for the token to hit all targets that Egrag highlighted.&nbsp;</p> 
<p>Egrag’s most bullish price prediction for XRP heading into this bull cycle remains at the $27 mark. He <a href="https://www.newsbtc.com/analysis/xrp/crypto-4400-xrp-price-27/#:~:text=Crypto%20Analyst%20Predicts%204400%25%20XRP%20Price%20Surge%20To%20%2427%2C%20Here's%20When,-by%20Scott%20Matherson&amp;text=Crypto%20analyst%20Egrag%20Crypto%20continues,this%20is%20a%20real%20possibility." rel="nofollow noopener" target="_blank">once mentioned</a> that this was a “plausible target” since XRP price saw a <a href="https://www.newsbtc.com/analysis/xrp/xrp-price-61000-surge-analyst/#:~:text=XRP%20Price%20Repeating%2061%2C000%25%20Move%20Will%20Be%20Harder&amp;text=The%20crypto%20token%20is%20said,%E2%80%9Creal%2Dworld%20utility.%E2%80%9D" rel="nofollow noopener" target="_blank">61,000% gain</a> in 280 days back in 2017.&nbsp;</p> 
<p>At the time of writing, XRP is trading at around $0.64, up over 4% in the last 24 hours, according to <a href="https://coinmarketcap.com/currencies/xrp/" rel="nofollow noopener" target="_blank">data</a> from CoinMarketCap.&nbsp;</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/RqSMdhUM/" alt="XRP price chart from Tradingview.com" width="3286" height="1530"></p>

XRP Price Breaks 6-Year Trendline: Crypto Analyst Says Prepare For Face-Melting Rally

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