Market Strategist Says XRP Will Melt Faces This Week. Here’s why

Key Points

1. Bark forecasts XRP could surge to $11–$15 after a decisive breakout on the weekly chart, describing the setup as potentially 'face-melting'.

2. The 1.618 Fibonacci level projects an upside target near $11.20, suggesting significant bullish potential if momentum continues.

3. On-chain data shows mixed signals, with significant XRP outflows from exchanges but also whale-to-exchange transfers that may indicate profit-taking.

4. XRP's ability to reach the $11–$15 range depends on factors like Bitcoin's trajectory, sustained trading volume, and a clean weekly close above the breakout point.

5. Traders are closely watching XRP's behavior around the $3.50–$4.00 range, as cascading buy orders could fuel further rallies or lead to a retest of the breakout zone.