A rare XRP price setup has caught the attention of crypto traders, with a well-known market analyst predicting a potential 60% rally that could drive the token past $3. The veteran trader described the chart formation as “highly rare” — a signal that often precedes major price breakouts in digital assets.
According to the analyst, XRP is currently forming a long-term bullish pattern on higher timeframes. This structure resembles historical setups that previously led to large upward moves. If the momentum holds, XRP’s price could surge far beyond its current range and possibly break the $3 mark for the first time since the 2017–2018 bull run.
XRP Price Analysis: What’s Fueling the Bullish Outlook?
At the time of writing, XRP is consolidating just below the $0.70 level. The price action has shown strong support above $0.60, forming higher lows — a classic bullish signal. Technical indicators such as RSI and MACD are also starting to flip into bullish territory, reinforcing the analyst’s claim of an incoming breakout.
What makes this setup unique is the combination of long-term compression, historical support zones, and rising trading volumes. The analyst explained that such confluence of signals rarely occurs, and when it does, the resulting price movement is often explosive.
Targeting the $3 Zone: Is a 60% Move Realistic?
While a 60% surge may sound aggressive, it aligns with previous XRP rallies under similar technical conditions. Historically, XRP has demonstrated the ability to rally sharply once major resistance levels are broken.
If XRP breaks out above the $0.80 resistance, momentum could rapidly accelerate. The next major psychological target is $1.00, followed by key resistance levels at $1.50 and $2.00. From there, a push toward $3.00 becomes more feasible — representing the 60% upside projected by the analyst.
Market Sentiment and Legal Factors Still in Play
Despite the bullish setup, traders must remain cautious. XRP’s performance remains closely tied to developments in the ongoing legal battle between Ripple Labs and the U.S. SEC. Positive rulings could further fuel investor confidence and drive the price higher, while negative outcomes might stall or reverse gains.
Market sentiment in the broader crypto space is also improving, with Bitcoin holding strong above key support and Ethereum pushing toward $4,000 — factors that could indirectly support XRP’s rise.
Conclusion: XRP at a Turning Point
The emergence of a rare XRP price pattern has reignited interest in the token, with projections of a 60% price gain drawing attention across the crypto community. While caution is warranted due to external factors like regulation, the technical picture for XRP is stronger than it’s been in months.
Whether or not XRP will fulfill this bullish prophecy remains to be seen — but according to veteran traders, the setup is one of the most promising in recent history.
