XRP Primed for Massive Rally: Analyst Predicts $9 Surge After Critical $3.10 Break

Leading crypto analyst The Great Mattsby presents a compellingly bullish outlook for XRP, asserting that the digital asset is on the verge of a substantial price explosion to $9, with potential for even higher, once it definitively breaks past a critical $3.10 resistance level. This prediction, shared in a recent video analysis, is rooted in an in-depth examination of XRP's multi-cycle technical patterns.

The Technical Case for a $9+ Explosion

Mattsby's framework meticulously employs Fibonacci extensions, Ichimoku trend support, and long-term moving averages to underpin his forecast. He emphasizes the 2.272 Fibonacci extension at approximately $3.10 as a structurally pivotal resistance zone that has historically capped XRP's monthly closes, including its 2018 peak. Conversely, the 1.272 extension marked the April 2020 bottom, lending further credibility to these Fibonacci levels within his analysis.

Unprecedented Market Dynamics Signal a Bullish Future

According to Mattsby, XRP's current price action is displaying an "unusually strong basing pattern" at historically elevated levels. On the monthly timeframe, XRP has consistently maintained the Ichimoku conversion line, around $2.63, as reliable support since November of last year. This sustained hold above previous resistance, now acting as support, is a defining feature. Furthermore, the 50-week simple moving average, currently near $2.37, is steadily rising to meet the price, reinforcing the underlying uptrend despite ongoing consolidation. This unprecedented "bullish flip" of historical resistance to support, a phenomenon Mattsby notes has "never happened for XRP before," suggests that breaking the $3.10 ceiling would signify "game over" for downward pressure, ushering in a rapid ascent towards the $9 target, possibly even pushing to $13 or beyond.