TLDR
- CasiTrades predicts a potential XRP rally to $4.50 following a breakout from a long consolidation phase.
- XRP recently reclaimed the $3 support level, signaling a strong foundation for further price gains.
- The relative strength index for XRP is showing a steady upward trend, indicating growing bullish momentum.
- XRP’s breakout from a multi-month symmetrical triangle pattern sets the stage for higher price targets.
- Key Fibonacci levels at $3.08 and $3.27 must be surpassed for XRP to confirm its bullish momentum.
Market analyst CasiTrades predicts that XRP will experience a strong rally following a breakout, targeting a price of $4.50. The veteran trader believes that XRP’s consolidation phase has ended, and momentum is building for its next upward move. XRP price has recently reclaimed the $3 support level, setting the stage for further price gains.
Bullish Momentum Building for XRP
CasiTrades points to several key indicators that suggest XRP is poised for a significant rally. She highlights the return of bullish momentum in the broader crypto market. This shift could be driven by expectations of quantitative easing in the U.S. economy, which often spurs market activity.
🚀Consolidation Ends, Momentum Builds: XRP Targets $4.50 🚀$XRP is heating up! 🔥It has broken out of its months-long consolidation, and confirmation of the breakout is occurring with the $3 test now in play.
Looking at the daily timeframe, price has been battling this level… pic.twitter.com/UD06AoyWlW
— CasiTrades 🔥 (@CasiTrades) September 10, 2025
The relative strength index (RSI) for XRP currently stands at 54.27, showing a steady upward trend. The moving averages also provide support, ensuring that prices remain above critical levels. These factors create a strong foundation for XRP’s price to move higher.
Moreover, XRP has successfully broken out of a multi-month consolidation pattern. This consolidation occurred within a symmetrical triangle structure, where XRP formed lower highs and lower lows. After the breakout on September 8, XRP managed to reclaim the $3 support level, signaling the potential for a price surge.
nalysts Expect XRP to Reach $4.50
As XRP aims for higher prices, key Fibonacci levels come into play. CasiTrades expects XRP to target the 1.618 and 2.618 Fibonacci extensions, which lie at $3.08 and $3.27, respectively. Both of these levels were significant resistance points for XRP in August, making them crucial for confirming bullish momentum.
For the XRP rally to maintain its momentum, it must trade above these levels. Failure to do so could lead to a potential drop to lower Fibonacci support levels, such as $2.78 and $2.58. Nonetheless, XRP’s successful recovery above $3 is a positive sign for the coin’s price movement.
CasiTrades’ chart analysis suggests that XRP is in the third wave of a five-wave pattern, with a target of $4.50. A 50% rally from the current price of $3 would mark a new all-time high for XRP. Analysts, including Dr. Cat, also share similar expectations, with some even projecting prices as high as $1,000 in the future.
XRP’s breakout from consolidation, combined with the current market dynamics, sets the stage for a potential rally to new highs. Investors are now closely watching the coin’s price action as it aims to solidify its bullish trend.