During Wednesday’s market recovery, XRP jumped 7.9% to reach a one-week high of $1.47. The cryptocurrency has been trading between $1.35 and $1.50 for the past three weeks but has been unable to break above the top of this range. As the price approaches this resistance level again, one analyst suggests a short-term rally toward another key level could be forming, potentially setting up the altcoin to determine its next market direction by the end of the second quarter.
XRP Could See a March Breakout
On Wednesday, analyst ChartNerd predicted a short-term 20%-30% rally for XRP over the next month or two, stating that “relief is overdue” after six months of downward pressure. In a video analysis, he noted that the cryptocurrency is trying to build a base within its current range to retest a crucial resistance level, having lost the $1.80-$2.00 support area in January.
He explained that XRP appears to be forming either an ascending triangle or a double bottom pattern on the daily chart, with the pattern’s neckline around $1.50. If the altcoin consolidates within this triangle and breaks out in March, it could rally back to $1.80 to retest that former support level as resistance. Alternatively, if a double bottom is forming, even a pullback to $1.20 would still mark a higher low before a short-term bullish reversal.
In both scenarios, a breakout above the $1.50 resistance would signal a move toward the $1.80-$2.00 zone—a critical inflection point since XRP held it as support for 400 days. ChartNerd added that respecting an ascending channel into March could also guide the price toward the $1.80 resistance.
Is a Critical Retest Ahead?
Despite the bullish outlook, ChartNerd warned that XRP still risks a correction of up to 50%. The retest of $1.80 will determine whether that area has turned into resistance, leading to lower prices, or if it will be reclaimed, opening the path to higher levels.
“If the rally into $1.80/$2 unfolds in March/April, that will be the telltale sign of whether $0.70 is on the cards or not. Breaking cleanly above $2 signals strength and invalidates that potential. Rejecting it as resistance would then cause a potential $0.70 drop,” he posted on X.
Reclaiming this key area as support could pave the way for a retest of the $2.40-$2.70 range, last seen before the Q4 2025 crash, and might signal the end of the corrective period. However, ChartNerd recently cautioned that losing the 200-week Exponential Moving Average (EMA) and confirming it as resistance has historically preceded a major drop toward $0.70. In past cycles, XRP fell around 50% to its bear market bottom after failing to hold this level. Therefore, he stressed that a convincing reclaim of this crucial area is needed to avoid a similar outcome.
As of this writing, XRP is trading at $1.46, up 2.7% over the past week.
Frequently Asked Questions
Of course Here is a list of FAQs about the topic XRP Rally Ahead Analyst Predicts a Rebound Between March and April if This Key Level is Surpassed designed to be clear and helpful for a range of readers
Beginner General Questions
1 What is this XRP Rally prediction about
This refers to a specific analysis from a market expert who believes the price of XRP could see a significant upward move sometime between March and April but only if it first breaks through a specific important price point
2 What is XRP
XRP is a digital asset and cryptocurrency primarily used to facilitate fast lowcost international payments and currency exchanges on the Ripple network
3 Who is making this prediction
The prediction is made by a cryptocurrency market analyst Its important to note this is one persons or firms analysis not a guaranteed fact Always check the source and their track record
4 What does key level mean in this context
In trading a key level is a specific price point that many traders are watching It often acts as a barrier If the price moves above it it can signal a change in trend and trigger more buying potentially leading to a larger price increase
Intermediate Market Analysis Questions
5 What is the specific key level that needs to be surpassed
The article likely names a specific price You would need to read the full analysis to know the exact level Its typically a recent high point that XRP has struggled to break above
6 Why would surpassing that level cause a rally
If XRP breaks above a key resistance level it has failed at before it can trigger automated buy orders attract new investors who see it as a bullish signal and force traders who bet against it to buy back all of which can push the price higher quickly
7 Why are March and April specifically mentioned
The analyst may be looking at historical price patterns for XRP broader crypto market cycles or upcoming events that could influence sentiment during that period