XRP price is eyeing a major bullish candle as the $3.35 level looms

TLDR

• XRP is trading at $1.41 after rising 3.4% over the past seven days.
• Analysts expect XRP to print a large bullish candle on the 3-week chart.
• The RSI line has crossed above its moving average, indicating a return to strength.
• Chart patterns show a recurring fractal structure on higher time frames.
• The current cycle mirrors a four-phase pattern seen in previous rallies.

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XRP is trading at $1.41 after rising 3.4% over the past seven days. Analysts are pointing to higher time frame signals indicating that a large bullish candle may be forming soon. They state that a decisive move above $3.35 could lead to a broader rally.

XRP price indicates strength on higher time frames

XRP price continues to hold key support levels as consolidation continues on the 3-week chart. Analysts report that momentum indicators now favor buyers after weeks of pressure.

The asset printed its first 3-week green candle in late March after three bearish closes. Since then, price action has remained steady and supports expectations for another bullish close.

Chemical weapons He said“The RSI line has crossed above the RSI-based MA line.” He added that this intersection indicates a return of strength on higher time frames.

$XRP It forms a second bullish candle after the golden cross.

A larger bullish candle is expected to appear in the next candle.

The real rally starts after the ATH breakout. pic.twitter.com/vmt5yRaYSb

– CW (@CW8900) May 6, 2026

The analyst expects XRP to print its second consecutive 3-week green candle. He also expects a bigger bullish candle in the next period if the momentum continues.

The CW reported that the historic structure supports further expansion at this point. It confirms that the asset has entered a phase that preceded strong upward movements.

Fractal points XRP price to breakout level of $3.35

Chart data shows a recurring price fractal that reflects previous market cycles. Analysts note that each cycle followed a four-phase structure before reaching new highs.

During the first cycle between 2013 and 2017, the price of XRP rose from $0.0059 to $0.439. In the current structure, the price rose from $0.43 to $3.35 during the late uptrend phase.

The second phase was marked by a corrective period where XRP pulled back into a wider symmetrical triangle. The third phase then formed a consolidation zone with low volatility and tighter ranges.

Analysts state that the fourth stage usually begins with a breakout of the triangle pattern. XRP broke out in November 2024 and later retested the breakout zone.

“The real rally starts after the all-time highs are broken,” CW said. The resistance level that confirms the expansion was set at $3.35.

From the current level of $1.41, XRP would need to increase by 137% to reach $3.35. The chart predicts a measured move towards $20 if the price crosses this barrier.

A move to $20 would represent a 1,318% upside from current levels. Another analyst, Hof, also expects a target of $15 to $20 based on the Elliott wave structure.

Both analysts are focusing on a break above $3.35 as the main catalyst. Until then, XRP price continues to strengthen while momentum indicators are heading higher.