bullish

Donald Trump

XRP (<a data-ct-non-breakable="null" href="https://cointelegraph.com/xrp-price-index" rel="null" target="null" text="null" title="https://cointelegraph.com/xrp-price-index">XRP</a>) has surged by around 58.50% year-to-date to reach $3.19 on Jan. 28. That includes at least 10-20% corrections in the short-term, including the one caused by China’s DeepSeek market sell-off earlier this week.
<figure>
 <img alt="XRP, Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-01/0194ad1c-6201-7925-8c79-b5fce88eff26" title="">
 <figcaption style="text-align: center;">
 XRP/USD four-hour price chart. Source: TradingView
 </figcaption>
</figure>
Let’s examine if XRP price could climb any further in the near term.
<h2 id="xrp-bull-flag-breakout-targets-4">XRP bull flag breakout targets $4</h2>
XRP has surged past a key resistance level, confirming a <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/what-is-a-bull-flag-chart-pattern-and-how-to-spot-it" rel="" target="_self" text="null" title="https://cointelegraph.com/news/what-is-a-bull-flag-chart-pattern-and-how-to-spot-it">bull flag</a> breakout on the 4-hour chart. The technical setup suggests further upside, with traders eyeing a potential move toward the $4.00 mark. 
Key points to notice:
<ul>
 <li>Bull flags are considered bullish continuation patterns that resolve after the price breaks above the upper trendline and rises by as much as the size of the uptrend prior.</li>
 <li>XRP has been forming a similar bull flag pattern since mid-January and was attempting to close above its upper trendline as of Jan. 28.</li>
</ul>
<figure>
 <img alt="XRP, Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-01/0194ad37-57d8-7bd2-a60d-643688bf2ffa" title="">
 <figcaption style="text-align: center;">
 XRP/USD four-hour price chart. Source: TradingView
 </figcaption>
</figure>
<ul>
 <li>A successful breakout could lead the price toward $4.00 by March, up 28% from the current price levels.</li>
 <li>A retreat from the upper trendline risks taking the XRP price down toward the lower trendline around $2.75, which aligns with the 200-4H exponential moving average (200-4H EMA; the blue wave in the chart above).</li>
 <li>XRP’s relative strength index (RSI) is currently at 56, a neutral area suggesting room for more upside in the coming days. </li>
</ul>
<h2 id="xrp-liquidation-heatmap-shows-3-30-3-37-as-next-possible-targets">XRP liquidation heatmap shows $3.30-3.37 as next possible targets</h2>
The Binance <a data-ct-non-breakable="null" href="https://www.coinglass.com/pro/futures/LiquidationHeatMap" rel="nofollow noopener" target="_blank" text="null" title="https://www.coinglass.com/pro/futures/LiquidationHeatMap">XRP/USDT liquidation heatmap</a> reveals key liquidity zones where large liquidation events may occur. These levels act as magnet zones, influencing price direction based on the amount of liquidity at a given level.
<figure>
 <img alt="XRP, Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-01/0194ad8d-ec14-7854-aaf5-31f92a03fe06" title="">
 <figcaption style="text-align: center;">
 XRP/USDT liquidation heatmap (Binance). Source: Coinglass
 </figcaption>
</figure>
Things to know:
<ul>
 <li>A high concentration of liquidations is visible near the $3.30 level, with the yellow area indicating a cluster of leveraged positions, suggesting it’s a key resistance level to overcome.</li>
 <li>If $3.30 level is cleared, it could spark a liquidation squeeze, forcing short sellers to close positions and driving prices toward $3.37, the next major liquidity cluster.</li>
</ul>
<h2 id="xrp-bull-pennant-points-to-365-rally-by-year-end">XRP bull pennant points to 365% rally by year-end</h2>
XRP has entered the breakout stage of its longer-term prevailing bull pennant pattern, eyeing a strong bull run in 2025.
<ul>
 <li>Bull pennants develop when the price trades inside a triangle-like pattern following a strong uptrend —&nbsp;and they resolve when the price breaks above the upper trendline and rises by as much as the previous uptrend’s length. </li>
</ul>
<figure>
 <img alt="XRP, Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-01/0194ad56-c677-7c0c-8041-03bde5d191a2" title="">
 <figcaption style="text-align: center;">
 XRP/USD weekly price chart. Source: TradingView
 </figcaption>
</figure>
<ul>
 <li>As of Jan. 28, XRP had entered the pattern’s breakout stage, eyeing a potential bull run toward $14.45 by 2025.</li>
 <li>XRP has surpassed the 1.618 Fib level at $3.03, with the 2.618 target at $4.82 now in focus. If the momentum continues, the 4.618 extension at $8.39 and the full breakout target of $14.44 could be achieved.</li>
 <li>XRP price is now well above its 50-week EMA ($1.25) and 200-week EMA ($0.73), reinforcing bullish momentum.</li>
</ul>
<h3 id="bearish-divergence-could-spoil-xrp-s-upside-outlook">Bearish divergence could spoil XRP’s upside outlook</h3>
While XRP's price continues to climb, the <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/here-s-3-ways-the-relative-strength-index-rsi-can-be-used-as-a-sell-signal" rel="" target="_self" text="null" title="https://cointelegraph.com/news/here-s-3-ways-the-relative-strength-index-rsi-can-be-used-as-a-sell-signal">relative strength index</a> (RSI) is trending lower, creating a bearish divergence.
<figure>
 <img alt="XRP, Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-01/0194ad58-c766-7697-a7f5-67cba5a53729" title="">
 <figcaption style="text-align: center;">
 XRP/USD weekly price chart. Source: TradingView
 </figcaption>
</figure>
Key things to know:
<ul>
 <li>Theoretically, a bearish divergence indicates that the buying momentum is weakening despite the price surge, increasing the likelihood of a short-term pullback or consolidation before the uptrend can continue.</li>
 <li>Dropping below the current support level of around $2.90—which aligns with XRP’s 1.68 Fibonacci retracement level—could validate the bearish outlook.</li>
 <li>If XRP drops below $2.90, key price targets are the next Fibonacci levels at around $1.91 and $1.57.</li>
</ul>
<h2 id="xrp-fundamentals-lean-bullish">XRP fundamentals lean bullish</h2>
XRP’s robust fundamentals strengthen the case for a continued rally in 2025, including <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ripple-licenses-texas-new-york" rel="" target="_self" text="null" title="https://cointelegraph.com/news/ripple-licenses-texas-new-york">Ripple’s foray into key US states</a>.
<ul>
 <li> Traders consistently step in during XRP price dips, demonstrating faith in future upside.</li>
 <li>Traders are optimistic that Donald Trump’s presidency could end the ongoing “SEC vs. Ripple lawsuit,” paving the way for spot XRP ETFs in 2025.</li>
</ul>
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/ripple-seeks-deadline-cross-appeal-brief-sec-case" rel="null" target="null" text="null" title="null">Ripple seeks deadline for cross-appeal brief in SEC case</a>
<ul>
 <li>Ripple CEO Brad Garlinghouse is further lobbying for a diversified US crypto reserve under the Trump administration.</li>
</ul>
<figure>
 <img alt="XRP, Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-01/0194ad1d-3387-7df7-8148-0b2148c1705b" title="">
 <figcaption style="text-align: center;">
 Source: <a data-ct-non-breakable="null" href="https://x.com/bgarlinghouse/status/1883995317835817456" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/bgarlinghouse/status/1883995317835817456">X</a>
 </figcaption>
</figure>
<ul>
 <li>On Jan. 28, Ripple secured Money Transmitter Licenses in New York and Texas.</li>
</ul>
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

How high can XRP price go?

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