BULLISH 📈 : Analyst Predicts XRP Rally to $1.80 if Resistance Breaks

XRP surged 7.9% to reach $1.47, nearing its resistance level of $1.50. It has been fluctuating between $1.35-$1.50 for the past three weeks without breaking the upper boundary.

XRP Potential March Breakout

Analyst ChartNerd predicts a 20%-30% rally within two months, suggesting relief after six months of downside pressure.
XRP is forming an ascending triangle or double bottom pattern near $1.50, indicating a potential rally to $1.80 if it breaks out in March.
A retrace to $1.20 could still indicate a higher low before a bullish reversal.
Breaking $1.50 resistance could lead to $1.80-$2.00, an important inflection point previously held as support for 400 days.

Critical Retest Ahead?

The $1.80 retest will determine if it becomes resistance or is reclaimed, affecting future price direction.
A clean break above $2 signals strength, while rejection could lead to a potential drop to $0.70.
Reclaiming the area could open a path to the $2.40-$2.70 range, last reached before the Q4 2025 crash.
Losing the 200-week EMA confirms resistance, historically leading to a 50% drop toward $0.70.

Currently, XRP trades at $1.46, up 2.7% over the week.

xrp, xrpusdt