XRP Price Primed For Explosive 73% Breakout, $2 Support Firm

XRP price stabilized above $2 this week, holding its key support despite a wider crypto market slump and weakening on-chain signals.

Analysts now point to a bullish triangle pattern, suggesting a 73% upside if confirmed.

The XRP/USD pair hovered near $2.06 on Apr. 4, up 0.6% intraday, per TradingView.

The move follows a brief dip to $2.03 after a marketwide sell-off triggered by U.S. President Donald Trump’s sweeping “Liberation Day” tariffs.

XRP Price Eyes Breakout Amid Triangle Compression

XRP/USD price appears to be compressing within a symmetrical triangle, with a potential target of $3.55.

The projected move represents a 73.77% rally from the current levels, based on the height of the formation.

The triangle’s support line has held firm since late March, while resistance around $2.33 remains unbroken.

Technical analyst Steph Is Crypto said in an Apr. 2 post that XRP is “heavily compressing” and preparing for a major breakout.

Crypto trader CasiTrades echoed that view, pointing to a bullish divergence on the relative strength index (RSI).

“XRP could bottom at $1.95 where subwaves converge,” she noted, citing Elliott Wave theory. She warned, however, that a wick down to $1.90 could invalidate the structure.

RLUSD Integration Could Fuel Utility Surge

Ripple announced on Apr. 2 the integration of its stablecoin Ripple USD (RLUSD) into Ripple Payments.

The move aims to strengthen XRP’s utility by pairing it with RLUSD for institutional settlements.

“Ripple’s $RLUSD integration is a pivotal move for cross-border payments,” said insights firm Alva on Apr. 3 via X, adding,

“Optimism around $RLUSD soaring, with eyes on its ripple effect on XRP.”

Launched in Dec. 2024, RLUSD saw its market cap grow 87% in March to $244 million, according to rwa.xyz.

Paired with XRP, the stablecoin supports liquidity in Ripple’s cross-border system, potentially driving volume on the XRP Ledger’s decentralized exchange.

Ripple claims this dual-asset setup could tap into the $230 billion cross-border payments market by combining stability (RLUSD) with liquidity (XRP).

Retail Confidence Wavers Despite 600% Rally

Despite the bullish structure and new integrations, on-chain data paints a more cautious picture.

XRP gained over 600% since 2022, driven by retail speculation and expectations of a crypto-friendly U.S. presidency.

Glassnode data shows daily active addresses for XRP surged 490%, peaking alongside a seven-year price high.

But since Feb. 2025, activity has dropped. Network Growth declined from 514 to 42. Active addresses also fell from 10,200 in Jan. to 4,388.

Meanwhile, new investors now hold 62.8% of XRP’s realized cap, up from 23% six months ago. Glassnode analysts warned that

“retail investor confidence in XRP may be slipping.”

Whales Exit, But $2 Remains Critical Level

Large holders appear to be reducing their exposure. Whale outflows topped $1 billion over the past 14 days, with the average exit price around $2.10, CryptoQuant data shows.

On Apr. 3 alone, XRP saw $3.94 million in liquidations, including $2.94 million in long positions, per Coinglass.

Santiment data also highlights a growing XRP supply, likely linked to Ripple’s monthly token releases.

As supply increases, XRP’s price tends to drop, limiting near-term upside. Still, XRP has tested the $2 mark multiple times and held.

Traders now watch the 200-day moving average near $1.80 as the next key support, with the $1.95–$1.90 zone emerging as a make-or-break level.

As of writing, XRP trades at $2.05, down 8.5% in the past week. Despite bearish signals, the technical setup suggests a breakout may be on the horizon—if bulls can defend $2.