XRP Could Rise Toward $4.80 If $2.47 Support Holds, Analysts Say

• XRP defends $2.47 support, keeping a 66% move toward $4.804 in view.

• Higher lows since 2020 and recent accumulation signal continuation potential.

• 24‑hour trading volume reached $5.24B; fully diluted valuation sits near $288.03B.

XRP price prediction: XRP consolidates above $2.47 support; analysts project a 66% rise to $4.804. Track volume, resistance levels, and targets now.

What is XRP doing above $2.47 support?

XRP price prediction shows consolidation above the $2.47 support level, which analysts say preserves a bullish path toward $4.804. The market displays higher lows since 2020 and sustained buyer activity, making $4.05 and $4.80 the next notable resistance zones.

How likely is a 66% rise to $4.804 from current levels?

Analysts cite chart structure and volume confirmation as the basis for a 66% projection. XRP trading between $2.85–$2.90 with $5.24B daily volume supports momentum; a confirmed close above near-term resistances increases probability, while a break below $2.47 would invalidate the immediate bullish scenario.

XRP consolidates above $2.47 support, with analysts projecting a 66% rise toward $4.804 as volume and historical breakout patterns align.

• XRP defends $2.47 support, keeping a bullish target of $4.804 alive with a projected 66% rise.
• Chart data confirms higher lows since 2020, with $4.05 and $4.80 marked as next resistance zones.
• Trading volume hits $5.24B as XRP consolidates between $2.85–$2.90, showing steady buyer activity.

XRP is consolidating above a critical support zone, keeping bullish targets in focus. Analysts suggest that maintaining levels above $2.47 could set the stage for a potential move toward $4.804, representing an estimated 66% advance from current prices.

Why do analysts point to $2.47 as a critical zone?

Javon Marks, a well-known crypto analyst, observed that XRP holding above $2.47 indicates the market remains aligned toward $4.804. He described $2.47 as a consolidation base following the breakout from long-term resistance and stressed that the level is essential to preserve the current trend count.

Chart data shows XRP has maintained strength after its rally, currently trading near $2.88. Historical structure reflects higher lows since 2020, with each accumulation phase leading into breakout rallies. Resistance levels have been identified at $4.05 and $4.80, reinforcing the case for potential upward continuation as long as the support base holds.

According to Casi Trades, XRP also formed a double bottom near $2.70 during recent volatility, confirming a possible Wave 2 completion. He explained that any new low beneath $2.70 would reset the trend count, but current movement suggests strength above retracement levels, keeping bullish momentum valid.

How are market behavior and volume trends influencing the outlook?

Market data from CoinMarketCap shows XRP trading between $2.85 and $2.90 with daily fluctuations. Despite short-term pullbacks, price continues to recover quickly, indicating steady buyer activity and willingness to defend key supports.

Trading volume reached $5.24 billion in 24 hours, though this represented a 21% decline from earlier sessions. The fully diluted valuation is approximately $288.03 billion, based on a max supply of 100 billion XRP. Circulating supply stands at 59.77 billion tokens, keeping XRP among the largest digital assets by market capitalization.

When should traders reassess the bullish case?

Traders should reassess if price closes decisively below $2.47 or if volume collapses on breakouts. A new low under $2.70 would prompt a reset of the current Elliott Wave count referenced by analysts and reduce the probability of a near-term run to $4.804.

Frequently Asked Questions

What immediate price targets should traders watch for XRP?

Watch $4.05 as the first resistance and $4.804 as the extended target if the $2.47 support holds and volume confirms. Stops below $2.47 or $2.70 invalidate the immediate bullish thesis.

How does trading volume impact XRP’s breakout potential?

Higher volume on price advances confirms buyer conviction; the recent $5.24B 24-hour volume supports the current consolidation and increases the odds of continuation if volume rises on breakout attempts.

Key Takeaways

• Support to watch: $2.47 — critical level to maintain bullish structure.
• Resistance targets: $4.05 (near-term) and $4.804 (extended target).
• Volume confirmation: $5.24B 24h volume supports momentum; falling volume weakens breakout validity.

Conclusion

Maintaining the $2.47–$2.70 support range keeps the bullish scenario for XRP intact and preserves a path toward $4.804, contingent on volume and structural confirmations. Monitor key levels and volume closely; traders should prepare for both continuation and invalidation triggers. COINOTAG will update this analysis as new data emerges.