<p>XRP took off this year. It peaked at a whopping $3.39 in January but dropped nearly thirty percent, and now, prices are on the rise once again.&nbsp;</p> 
<p>Right now, the price is at $2.47, which is a 38% increase from the low of $1.79. This surge was due to the news that Ripple resolved its legal battle with SEC, and also that the firm is securing a new license in Dubai.&nbsp;</p> 
<p>Looking at the 4-hour chart, the price recently bounced off of a support level at $2.37, which corresponds with the 50-4H exponential moving average (EMA) level.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="860" height="419" src="https://www.cryptotimes.io/wp-content/uploads/2025/03/XRPUSD-4-hour-chart-860x419.png" alt="XRPUSD 4-hour chart" class="wp-image-247864" title="How High Can XRP Go? Analysts Predict a Breakout to $4.20 8">
  <figcaption class="wp-element-caption">
   XRPUSD 4-hour chart | Source: <a href="https://www.tradingview.com/x/WGgl6k31/" target="_blank" rel="noreferrer noopener nofollow">TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>If the XRP is able to push past the resistance of $2.46 it may reach $2.77, which is a key Fibonacci retracement point.</p> 
<p>Crypto analyst Dom in a recent tweet on X, pointed out that XRP needs to stay above $2.50 to maintain its upward trend. “The chart still looks very constructive,” he said, adding that if XRP stabilizes around this level, it could be a great sign for buyers.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="811" height="484" src="https://www.cryptotimes.io/wp-content/uploads/2025/03/Dom-says-the-price-needs-to-stay-above-2.50-811x484.png" alt="Dom says the price needs to stay above $2.50" class="wp-image-247863" title="How High Can XRP Go? Analysts Predict a Breakout to $4.20 9">
  <figcaption class="wp-element-caption">
   Dom says the price needs to stay above $2.50 | Source: <a href="https://x.com/traderview2/status/1902817058116567490" target="_blank" rel="noreferrer noopener nofollow">X</a>
  </figcaption>
 </figure>
</div> 
<p>Moreover, the Relative Strength Index (RSI), which tracks buying pressure, is sitting above 60, meaning there’s strong demand but it’s not yet in the danger zone of being overbought.</p> 
<p>Another signal to consider is the symmetrical triangle pattern forming on longer timeframes. This pattern usually formed after a rally and then a price consolidation before another breakout. This is often a bullish pattern that could lead to a further rise in price after a record peak of 575% ascending price movement from late 2024 to early 2025.&nbsp; If XRP breaks above the upper trendline of the triangle, it could hit $4.20 by May.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="860" height="456" src="https://www.cryptotimes.io/wp-content/uploads/2025/03/XRPUSD-Price-Chart-6-860x456.png" alt="XRPUSD Price Chart" class="wp-image-247862" title="How High Can XRP Go? Analysts Predict a Breakout to $4.20 10">
  <figcaption class="wp-element-caption">
   XRPUSD Price Chart | Source: <a href="https://www.tradingview.com/x/Xp2eZw06/" target="_blank" rel="noreferrer noopener nofollow">TradingView</a>
  </figcaption>
 </figure>
</div> 
<p>Additionally, the Binance liquidation heatmap, which tracks where traders are placing bets, shows that key resistance levels are around $2.66 and $2.98, according to <a href="https://www.coinglass.com/pro/futures/LiquidationHeatMap" target="_blank" rel="noreferrer noopener nofollow">Coinglass</a>. If XRP crosses $2.66, a wave of liquidations could push the price even higher.&nbsp;</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Also Read: <a href="https://www.cryptotimes.io/2025/03/24/why-is-the-sec-silent-on-closing-the-ripple-xrp-case/" target="_blank" rel="noreferrer noopener">Why is the SEC silent on closing the Ripple XRP case?</a></p> 
</blockquote>

How High Can XRP Go? Analysts Predict a Breakout to $4.20

The Crypto Times

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