Analyst: XRP Poised for a Big Breakout to 5$ In 2 to 3 Weeks

Technical analyst XRP CAPTAIN 590 has shared a bullish outlook for XRP, suggesting that the digital asset could be preparing for a major upward move.

The analyst stated that “Ripple XRP poised for a big breakout 5$ per XRP in 2/3 weeks won’t be surprising,” while attaching a detailed weekly XRP price chart to support the prediction.

The chart showed XRP trading against the U.S. dollar on the Bitstamp exchange with several technical levels highlighted. XRP CAPTAIN 590 used Fibonacci retracement levels, descending trendlines, and projected breakout paths to argue that XRP may be nearing the end of a prolonged consolidation phase.

The analysis suggested that XRP could first reclaim resistance zones near $2, then accelerate toward higher price targets above $3, and eventually approach the $5 mark.

The chart also displayed a downward trendline extending from XRP’s previous highs. According to the projection, XRP appears close to breaking above that resistance line.

The analyst further marked several important levels, including the 0.236, 0.382, 0.5, 0.618, and 0.786 Fibonacci retracement levels, which traders commonly use to identify support and resistance.

XRP Community Reacts to the Prediction

The prediction quickly attracted reactions from members of the XRP community on X. Some users supported the bullish outlook, while others urged caution regarding the timeline presented in the post.

An X user identified as Janina said she remains optimistic about XRP’s long-term future but questioned whether such a sharp rally could happen in a short period. She wrote, “While I, too, am bullish on XRP’s long-term potential, achieving such a massive leap within a mere two or three weeks would indeed require exceptionally strong market momentum and favorable catalysts.”

Another user, Lucas, focused more on technical confirmation than projections. In his response, he stated, “The chart is interesting, but confirmation matters more than the arrow.” His comment reflected a common view among traders who prefer to wait for confirmed breakout signals before expecting aggressive price movements.

Meanwhile, another commenter, DeGenGambler300, rejected the possibility of XRP reaching $5 in the near term. He argued that new XRP investors should avoid expecting sudden price explosions and claimed that such price levels may not appear until much later in the market cycle. In his words, “There is no magical flip the switch mega price jump. This guy says $5. Maybe in late 2028 or sometime in 2029.”

Technical Outlook Continues to Divide Analysts

The differing reactions highlight the ongoing divide among XRP market observers. Some traders believe XRP remains heavily undervalued and capable of producing rapid price moves if bullish momentum returns to the market. Others continue to point to broader market conditions and the need for stronger confirmation before accepting highly aggressive price targets.

Despite the skepticism from some users, XRP CAPTAIN 590’s chart reflects growing optimism among certain analysts who believe XRP could be approaching a decisive technical breakout after months of sideways movement.

Whether XRP can achieve the projected move within the suggested timeline remains uncertain, but the post has added to current discussions surrounding XRP’s next market direction.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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