XRP Sparks Phase 4: Could a $21.5 Mega Rally Be Approaching?

crypthub

1 day ago

Technical Breakout Signals Phase 4

Analyst CW notes that XRP has broken out from its long‑term bottom, indicating the start of a Phase 4 rally. This phase represents acceleration, where price exits consolidation into sustained growth. The breakout aligns with key technical levels that suggest renewed bullish momentum. If the pattern holds, CW projects an upside target near $21.5.

Historical Pattern and Volume Spike

XRP’s price action mirrors past cycles that featured tight compression followed by sharp vertical moves. Recent trading saw volume jump to $23 million in a single minute, confirming increasing market participation. Rising volume and a strengthening market structure point to an emerging uptrend. Such breakouts often attract both retail and institutional traders seeking early positions.

Fundamental Backdrop and Target Outlook

Broader factors reinforce the technical case: growing institutional adoption, clearer regulations, and expanding real‑world use for cross‑border payments. XRP’s 24‑hour volume has risen to $11.36 billion as price reached $2.38, indicating strong confidence. The $21.5 target derives from measured‑move projections within the Phase 4 framework, not pure speculation. Continued momentum could make this rally a defining chapter in XRP’s market cycle.

XRP Sparks Phase 4: Could a $21.5 Mega Rally Be Approaching?

Technical Breakout Signals Phase 4

Historical Pattern and Volume Spike

Fundamental Backdrop and Target Outlook

XRP Sparks Phase 4: Could a $21.5 Mega Rally Be Approaching?

Technical Breakout Signals Phase 4