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XRP (
$1.30 ) ( XRP (
$1.30 ) ) has dropped nearly 30% since hitting a seven-year high of $3.39 in January.
Still, bullish news—like Ripple’s potential resolution in the SEC lawsuit and a new license in Dubai—has fueled a rebound. As of March 24, XRP (
$1.30 ) was trading for as high as $2.47, up 38% from its year-to-date low of $1.79.
$1.30 ) , Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-03/0195c862-c84c-7860-bc3e-ce1202dfa013" title=""/> XRP (
$1.30 ) /USD daily price chart. Source: TradingView
How high can the XRP (
$1.30 ) price go from here? Let’s examine.
XRP (
$1.30 ) parallel channel projects $2.77 target
XRP (
$1.30 ) is climbing within a rising parallel channel, showing signs of strength as it pushes toward a crucial resistance level.
Key takeawas:
$1.30 ) , Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-03/0195c87d-a298-79b6-9c81-af317986bd55" title=""/> XRP (
$1.30 ) /USD four-hour price chart. Source: TradingView
-
The pair is now eyeing a retest of $2.59—the 0.618 Fibonacci retracement level—which previously acted as a strong resistance capping the March 19 rally.
-
A successful breakout above this resistance could see XRP (
$1.30 ) testing the channel’s upper trendline, located near $2.77—coinciding with the 0.786 Fibonacci level.
Related: XRP (
$1.30 ) , Solana lead altcoin ETP inflows as Ethereum (
$2,458.56 ) slumps — CoinShares
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Market analyst Dom emphasized that XRP (
$1.30 ) must stabilize above $2.50, which aligns with its all-time high volume-weighted average price (VWAP), to sustain bullish continuation.
$1.30 ) , Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-03/0195b942-a22f-7618-a572-c80e47915c07" title=""/> XRP (
$1.30 ) /USD four-hour price chart. Source: TradingView/Dom
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The Relative Strength Index (RSI) is trending above 60, indicating building bullish momentum without yet being in overbought territory.
XRP (
$1.30 ) symmetrical triangle breakout looms
XRP (
$1.30 ) is flashing a major bullish signal on its higher timeframe chart, with price action coiling within a symmetrical triangle that suggests a breakout rally may be on the horizon.
What to know:
-
A symmetrical triangle forms when the price consolidates inside a triangle-like structure after a strong uptrend or downtrend.
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It typically resolves when the price breaks out in the direction of its previous trend, rising/falling by as much as the triangle’s maximum height.
$1.30 ) , Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-03/0195c88c-fdb1-72c8-a599-c0e97f462383" title=""/> XRP (
$1.30 ) /USD three-day price chart. Source: TradingView
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The triangle pattern formed after XRP (
$1.30 ) ’s 575% rally between November 2024 and January 2025, raising the prospects of further gains in the coming weeks. -
A successful breakout above the triangle’s upper trendline could send XRP (
$1.30 ) ’s price toward $4.20—up about 70% from the current price levels—by May. -
Analyst CrediBULL Crypto also suggests that XRP (
$1.30 ) is gearing up for a new all-time high above $3.40 in the coming weeks.
XRP (
$1.30 ) liquidation heatmap shows $2.66-2.98 as next possible targets
The Binance XRP (
$1.30 ) /USDT liquidation heatmap 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.
$1.30 ) , Markets, Tech Analysis, Market Analysis, Altcoin Watch" src="https://s3.cointelegraph.com/uploads/2025-03/0195c891-a8f6-70ef-ad91-90407a773207" title=""/> XRP (
$1.30 ) /USDT one-month liquidation heatmap (Binance). Source: Coinglass
Key points:
-
A high concentration of liquidations is visible near $2.66, with the yellow area indicating a cluster of leveraged positions, suggesting it’s a key resistance level.
-
If $2.66 level is broken, it could spark a liquidation squeeze, forcing short sellers to close positions and driving prices toward $2.98, the next major liquidity cluster.
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.









