Ripple (XRP) could be on the verge of a breakout, according to crypto analyst C-Zar in his latest YouTube update. In a technical breakdown, he explains why XRP price action is setting up for a powerful move, with potential to reach new all-time highs as early as June. As of May 27, C-Zar believes the token is showing bullish signs on multiple time frames, supported by RSI readings and price consolidation patterns.
On the hourly chart, C-Zar spots a clear double bottom forming within a horizontal channel. Combined with higher lows on the RSI, he describes this as a “bullishly configured” setup. While short-term movement might still show some bearishness, he expects XRP to push into the overbought zone within 24 hours, with a breakout taking the XRP price above $2.35 or even toward $2.40.
This episode comes from the C-Zar Gets Crypto YouTube channel, where the analyst, who has built a strong following, shares frequent XRP updates. He emphasizes how XRP often moves quickly when it breaks structure, pointing out that past consolidation zones lasted about the same duration before rapid price rallies.
XRP Price Forecast: $3 First, Then $10 or More?
Zooming out to the 4-hour and daily charts, C-Zar notes that XRP’s RSI has remained resilient. Even when the token dips into bearish zones, it avoids slipping fully into oversold territory, a signal, he says, that bears are failing to gain control. “When bears can’t take you into oversold zones,” he explains, “bulls usually take over with strength.”
He predicts XRP could dip briefly to $2.20, but he doubts this will happen. If it does, he believes it would be a fakeout that triggers a sharp recovery. More likely, in his view, XRP will stay above $2.26 and begin climbing toward the $3 mark by the end of May.
Looking ahead, C-Zar sets an ambitious but confident target. He believes the Ripple price could hit $10, $11, even $15 by the end of June or in early July. “Just because we’re not at new all-time highs by the end of May doesn’t mean we’re far off,” he explains. “Once XRP gets going, it moves fast.” He compares these potential movements to past explosive rallies, reminding viewers that XRP can deliver multi-100% gains in short windows.
Read Also: Circle Shuts Down Rumors of Sale to Ripple or Coinbase – But the Story Isn’t Over
The XRP price was hovering around $2.29 at the time of his recording, but C-Zar says he expects it to be well above $2.40 by his next update. He sets a “good goal” of seeing XRP close May as close to $3 as possible, with June bringing the real upside momentum.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Read our recent crypto market updates, news, and technical analysis here.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
