Ripple Price Analysis: Will XRP Break Above $4 This Week?

Key Points

1. XRP has bounced from the $2.8 support zone, aligning with the 0.5 Fibonacci retracement level.

2. A successful breach of the $3.6 resistance with strong volume could lead to a move toward the $4 psychological threshold.

3. Overhead supply may cause short-term consolidation or a minor pullback before a sustained breakout attempt.

4. On the 4H timeframe, Ripple’s upward structure is more pronounced, with a decisive breakout fueling the advance toward $3.6.

5. Repeated rejections at $3.6 could lead to another pullback.