Upcoming XRP Rally? Analyst Predicts Recovery in March-April If Resistance is Surpassed

In the recent market recovery, XRP experienced a surge of 7.9%, reaching a one-week high of $1.47. Over the past three weeks, this cryptocurrency has oscillated between $1.35 and $1.50, yet it has struggled to surpass the upper boundary of this range.

Key Takeaways

XRP recently surged to a one-week high of $1.47, displaying potential for a short-term rally.
Analysts predict a possible increase of 20%-30% if XRP can break the $1.50 resistance level.
A successful retest of the $1.80-$2.00 range is crucial to confirm market strength or risk a drop towards $0.70.
Monitoring the 200-week EMA will be critical in determining the future of XRP's price trajectory.

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As XRP approaches this resistance level once more, an analyst suggests that a short-term rally toward a critical price point might be on the horizon. This could eventually lead the altcoin to determine its market direction before the end of the second quarter.

Potential for a March Breakout

On Wednesday, analyst ChartNerd predicted a short-term rally for XRP, forecasting a potential increase of 20%-30% in the coming month or two. He stated, “relief is overdue” after an extended period of downward pressure lasting six months.

In his video analysis, ChartNerd pointed out that XRP is trying to establish a support base within its current range, preparing to challenge a vital resistance level. This follows a loss of support in the $1.80-$2.00 zone back in January.

He explained that XRP seems to be forming either an ascending triangle or a double bottom pattern on the daily chart, with the neckline of this formation around the $1.50 mark. If XRP can consolidate within this triangle and breakout in March, it might rally back up to $1.80, retesting this previously significant support level as resistance.

Additionally, if the cryptocurrency develops a double bottom pattern, he mentioned that “even a drop to the $1.20 level would still indicate a higher low before a brief bullish rebound.”

In both scenarios, surpassing the $1.50 resistance would support a movement toward the $1.80-$2.00 range, which he believes is “a critical inflection point,” especially since XRP maintained this level as support for 400 days.

"This would be a pivotal moment. We could potentially see the emergence of an ascending channel leading into March, which may guide us up to the $1.80 resistance. If XRP adheres to these trend lines, it is returning to a strong support area."

Is a Critical Retest Coming?

Despite the optimistic outlook, ChartNerd cautioned that XRP could still face a correction of up to 50%. According to the analyst, whether the $1.80 level holds will reveal if this area has become resistance, leading to a decrease in price, or if it can be reclaimed, facilitating an ascent to higher levels.

“If the rally toward $1.80 or $2 happens in March or April, that will indicate whether a drop to $0.70 is likely. A decisive move above $2 will signal strength and dismiss that possibility. Conversely, if it gets rejected at that level, we could see a potential decline to $0.70,” he stated on X.

Regaining this crucial area as support could pave the way for a retest of the golden range between $2.40-$2.70, levels not seen since the Q4 2025 crash. It could also signal the end of the corrective phase.

However, he has previously warned that if XRP loses its 200-week Exponential Moving Average (EMA) and confirms it as resistance, it has historically signaled a significant drop towards the $0.70 area.

In past cycles, XRP faced substantial declines when it failed to hold this key level, often crashing nearly 50% to its bear market bottom. Thus, he stressed that a convincing reclaim of this critical area is essential to invalidate this potential scenario.

As of now, XRP is trading at $1.46, marking a 2.7% increase over the weekly period.

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