The digital asset has seen a significant rebound from its recent lows, with analysts predicting a potential breakout past $4.12 in the coming months. This bullish outlook comes as Bitcoin whales continue accumulating large amounts of BTC, signaling increased confidence in the broader cryptocurrency sector.

XRP is currently at $2.47, marking a 38% recovery from its recent dip to $1.79. The recent price surge follows two major developments: Ripple’s resolution of its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) and the company’s push to secure a financial license in Dubai. Both events have contributed to renewed optimism surrounding the asset.

Technical Indicators Point to a Bullish Trend

Chart analysis suggests that the Ripple currency price is approaching key resistance levels. Crypto analyst Dom highlighted that XRP must hold above $2.50 to sustain its momentum. “The chart still looks very constructive,” Dom noted in a recent post on X, adding that maintaining this level could be a strong sign for buyers.

A potential bullish breakout of the upper trendline could propel the XRP price surge past $4. Source: Massguy66 on TradingView

Furthermore, the Relative Strength Index (RSI) sits above 60, indicating strong buying pressure while remaining below the overbought threshold. Another bullish signal comes from the formation of a symmetrical triangle pattern on longer timeframes—a pattern that historically precedes significant upward movements. If XRP successfully breaks above the upper trendline, analysts suggest it could surge to $4.12 by May.

Additionally, data from Binance’s liquidation heatmap indicates that crucial resistance points exist at $2.66 and $2.98. If XRP surpasses these levels, a wave of liquidations could further propel the price upward.

Bitcoin Whale Accumulation Fuels Market Optimism

Aside from Ripple XRP news and its technical buoyancy, the market sentiment has been underpinned by aggressive position additions on Bitcoin whales. MicroStrategy Michael Saylor himself recently bought 6,911 BTC at the cost of roughly $584.1 million, bringing its whole holdings to in excess of 500,000 BTC. The massive accumulation showcases institutional faith in Bitcoin’s longer-term value, which typically acts as a trickling effect onto the broader cryptocurrency market, which includes such units as Ripple cryptocurrency.

Bitcoin (BTC) was trading at around $88,130, up 3.41% in the last 24 hours at press time. Source: Bitcoin Liquid Index (BLX) via Brave New Coin

MicroStrategy’s latest acquisition was revealed in a filing with the U.S. Securities and Exchange Commission (SEC), indicating that the company’s aggressive strategy does not falter despite the ongoing regulatory and economic pressures. Saylor has also been vocal about demanding clearer crypto regulations, having recently attended the White House Crypto Summit alongside industry participants such as Ripple CEO Brad Garlinghouse and Coinbase’s Brian Armstrong.

Macroeconomic Factors at Play

The most recent Bitcoin accumulation comes amidst economic uncertainty, namely due to President Donald Trump’s tariff regime. Whereas Bitcoin first cheered up following the election, it has remained turbulent since it rose to $109,000 during early January. Market participants continue to be mixed on whether or not Bitcoin breaks above $110,000 during the current year as there exist conflicting signs resulting from ongoing changes in economic policies.

XRP and Solana lead altcoins in ETP inflows, while Ethereum sees $86M in outflows, as Bitcoin’s $724M inflow ends five weeks of declines in digital asset inflows. Source: Havi via X

However, according to experts, a strong Bitcoin performance will have a positive effect on other altcoins, such as XRP. If the Bitcoin price settles and continues to increase, XRP will gain from the overall optimism and increasing inflows of capital in the market for Ripple.

Can XRP Break the $4 Barrier?

With key technical indicators aligning and Bitcoin whales reinforcing market confidence, XRP appears poised for a potential breakout. The asset’s ability to surpass critical resistance levels at $2.66 and $2.98 could be the catalyst for a move toward the $4 mark. If bullish momentum persists and the symmetrical triangle pattern plays out, an XRP price prediction of $4.20 remains a realistic possibility in the coming months.

XRP was trading at around $2.47, up 2.63% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

As always, traders should remain cautious and monitor market conditions closely, as external factors such as regulatory developments and macroeconomic trends could influence XRP’s price trajectory. Nonetheless, with increasing institutional interest and strong technical signals, the case for XRP’s next major rally continues to build.