XRP Bullish Pattern Hints at Run-Up to $4.40: Analyst

Crypto analyst Ali Martinez has outlined an optimistic short-term price forecast for XRP, speculating that the digital asset could rise to $4.40 in the near future. In a January 21 X post, Martinez highlighted XRP’s recent breakout from a bull flag pattern, a technical chart formation that often signals continued bullish momentum. The breakout, combined with strong technical indicators, suggests that XRP’s price may keep trending upward.

Martinez’s short-term target of $4.40 builds on an even more ambitious long-term outlook. Earlier, he pointed to XRP’s breakout from a symmetrical triangle pattern on its monthly chart, which he considers another bullish sign. Based on this formation, Martinez predicts that XRP could eventually rally as high as $15 if the bullish trend continues.

Regulatory Clarity and Political Influence

XRP’s potential for growth is also tied to the broader regulatory landscape, particularly the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). The community is hopeful that under President Donald Trump’s administration, the SEC might drop its appeal in the lawsuit claiming that Ripple offered unregistered securities.

Trump’s recent inauguration has fueled these expectations, especially with the nomination of Paul Atkins—a pro-crypto advocate—as the new SEC chief, replacing Gary Gensler, who has been perceived as more skeptical of the crypto industry. Such a shift could lead to favorable regulatory outcomes for Ripple and XRP holders.

Proponents are also optimistic about the approval of a spot exchange-traded fund (ETF) for XRP. A recent Polymarket poll indicated a 73% chance of XRP receiving ETF approval in 2025. Alongside this, there are growing rumors that President Trump may exempt U.S.-based cryptocurrencies like XRP from capital gains tax, potentially boosting demand for the token. This has been further supported by platforms like CoinGecko, which have started categorizing top U.S.-based cryptocurrencies, including XRP, in new listings.

Whale Activity and XRP Ecosystem Growth

XRP’s recent price activity has also been influenced by increasing interest from crypto whales. Data from Santiment reveals a surge in XRP whale transactions over the last seven days, suggesting that large investors are betting on the token’s future growth. Additionally, net outflows from centralized exchanges have risen in recent days, signaling that investors are acquiring XRP in anticipation of price appreciation.

Another factor driving XRP’s bullish momentum is the growing Ripple ecosystem. Ripple recently launched its USD-backed stablecoin, RLUSD, which has seen strong adoption. The stablecoin has outpaced other prominent stablecoins like DAI, TUSD, and PYUSD in terms of 24-hour trading volume. Meanwhile, Ripple-based meme coins have also emerged as top performers in the crypto sector.

XRP’s Strong Technical Indicators

From a technical perspective, XRP appears poised for further gains. On the daily XRP/USDT price chart, the MACD line is currently above the signal line, indicating that the bullish trend is likely to continue in the coming days. The Supertrend indicator also confirms that XRP is facing buying pressure from bulls.

Other technical indicators further support this positive outlook. The Aroon Up is at 64.29%, while the Aroon Down is at just 7.14%, signaling that the uptrend retains significant strength. The Relative Strength Index (RSI) is at 64, which suggests that there is still room for growth before XRP reaches overbought territory. Should the bullish trend intensify, XRP could potentially break through the next psychological resistance level at $3.50, setting the stage for further price discovery and a possible move towards $4.40.

XRP’s technical indicators, regulatory optimism, growing ecosystem, and whale activity all point to a potentially strong bullish run. If the current trend continues, XRP could see significant price appreciation, possibly reaching Martinez’s short-term target of $4.40 and potentially even higher if the broader crypto market and Ripple’s legal situation align favorably.