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XRP price continues to attract attention as analysts present bold projections, with some forecasting a sharp rally despite market headwinds.
The altcoin’s price has shown strength in recent months, yet technical resistance levels still limit upward momentum.
While bullish structures are forming, broader sentiment and on-chain activity remain mixed, reflecting caution across the board.
XRP Price Eyes Breakout Toward $99 Target
Javon Marks, a technical analyst, anticipates XRP’s price could increase by 44x its current value by repeating past trading patterns.
The technical analysis showed a pennant breakout pattern similar to what happened in 2017, which triggered a significant multi-thousand percent increase in price.
Marks points to $3.317 as the initial price objective that XRP surpassed, thus creating minimal obstacles on its path.
XRP has the potential to advance to $99 after breaking through $3.317, which would result in a major price increase exceeding 4,300%.
Marks observed that his price prediction fits within a broader market composition that has produced similar big gains for XRP in the past.
The achievement of this projection will require breaking the vital short-term barrier at $3.317.
The bullish sign provided by the patterns needs a significant resistance break at the latest peak point to confirm an ongoing uptrend.
The absence of this breakout may lead XRP to stay in consolidation mode or prompt another test of support areas.
The market aligns with bullish conditions, yet clear resistance breaking is needed to validate an uptrend.
XRP Targets $3.00 for Bullish Break
Egrag Crypto provided a reserved short-term analysis, indicating $1.70 to $1.90 levels as the next test point for XRP.
The analyst predicts XRP will perform another test of the $2.80 through $3.00 zone if it defends the $1.70 to $1.90 support area.
A successful upward movement from support levels will confirm bullish intentions while making a move upward more probable.
The analyst insists that the price needs to rise to test the resistance zone to prove an upcoming escape from current price limitations.
If it successfully moves through the $3.00 price area, XRP will establish conditions for additional price appreciation that may culminate in creating a new record high.
The upward price movement of XRP depends on it regaining control of its previous support area.
According to Egrag, XRP‘s medium-term direction depends on its price response to these activation levels.
The altcoin will gain upward momentum when it successfully breaks and sustains a price level of $3.00.
Failure for XRP will establish a long-term bearish trend that restricts the price below current resistance levels.
CasiTrades Highlights Key XRP Resistance Area
The market analysts at CasiTrades predicted XRP would determine its next direction based on the $2.17 to $2.36 price area.
CasiTrades demonstrated that XRP rebounded successfully from the 0.786 Fibonacci support level, which was $2.05, and had proven resilient to market pressure.
The altcoin returned to an essential testing area near $2.17 after bouncing from its position.
The analyst showed XRP traders two forecasting scenarios that depended on the cryptocurrency price interaction with this resistance zone.
A price rise above $2.25 in positive conditions indicates that the new impulsive wave formation occurs when the price breaks above $2.36 and maintains that position for at least two days, which would eliminate any bearish continuation prospects.
XRP may reverse direction toward $2.00 if support levels fail to change from resistance to support zones.
The token shows the potential to form the last portion of a corrective pattern. A reversal from bearish conditions only exists when XRP breaks past $2.36 with substantial trading volume.
XRP Price Faces Decline Amid Rising Outflows
Data from the market demonstrates a change in public, as XRP has experienced continuous spot net outflows since early December, according to Coinglass analytics reports.
The net flow data reveals powerful selling conditions, which peaked particularly strongly in March, implying that capital movement continues with profit-based selling. Outflows have dominated over inflows during all months after January and February.
XRP maintained strength during the early months of February when it surpassed $3 but then returned to $2 during April.
Such data implies that a short-term market boost through positive speculation exceeded actual investor entry.
The unceasing withdrawal of capital became increasingly apparent during March when prices started declining continuously.
The funding rate data suggests slowing market movement because positive values appeared during January but evolved into negative territory during March.
The funding data above 0.3% during January signaled significant market bullishness, yet many traders moved to take short positions as interest in short positions gathered momentum.
XRP’s market value decreases because bullish trader conviction has diminished based on this data point.
The OI-weighted funding rates emphasized declining market sentiment by exhibiting severe price variations during March.
During the first part of March, the readings made positive headway until bearish movements occurred in the second half.
The marketplace displayed conflicting emotions about XRP during the initial weeks of April because participants lacked clear expectations about its short-term performance.
Fundamental technical evidence suggests bullishness, but XRP continues to face durable obstacles in its price path alongside declining market sentiment signals.
To activate bullish targets, XRP price needs to surpass $3.317 without encountering any resistance.
