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<p>Captain Faibik, a renowned crypto expert with over 90,000 followers on X, revealed that <a href="https://captainaltcoin.com/xrps-epic-climb-awaits-accumulation-phase-sets-stage-for-record-highs-heres-the-timeline/" target="_blank" rel="noopener noreferrer nofollow">XRP’s price is heating</a> up for a massive breakout with a midterm target of $2.30.&nbsp;</p>
<p>This prediction, however, was made because XRP’s price has been moving within a symmetrical triangular pattern on Faibik’s XRP weekly chart for some time.&nbsp;</p>
<p>With how long <a href="https://captainaltcoin.com/expert-analyst-predicts-what-2000-ripple-xrp-tokens-will-be-worth-in-2025/" target="_blank" rel="noopener noreferrer nofollow">the XRP’s price</a> has been following this pattern, a pump may be on the horizon. This pattern often indicates that the <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> price may break out once it hits the triangle’s tip, which is why traders and experts are keeping an eye on it.</p>
<p>Faibik’s XRP chart suggests that XRP is approaching this breakout, with $0.70 serving as the first resistance. However, if this level is surpassed, XRP could potentially test $1.00 and $1.74 before aiming for Faibik’s $2.30 target.&nbsp;</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="489" src="https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-1024x489.png" alt="" class="wp-image-561578" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-1024x489.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-300x143.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-766x366.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-1536x733.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-2048x978.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-314x150.png 314w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-100x48.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-733x350.png 733w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-723-788x376.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-723.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/CryptoFaibik/status/1839969566631354738" target="_blank" rel="noopener noreferrer nofollow">X/CaptainFaibik</a></em></strong>
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<h2 class="wp-block-heading" id="resistance-levels-to-watch">Resistance Levels to Watch</h2>
<p>One of the key elements of the symmetrical triangle pattern is the presence of resistance levels that the asset must clear to sustain upward momentum.<br><br>However,<a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow"> the XRP price </a>will first need to break through the $0.70 resistance, which aligns with previous highs. Once XRP crosses this barrier, it could target $1.00 and higher levels, building momentum toward the projected $2.30 breakout.</p>
<p>The measured move from the triangle suggests a potential price of $1.74 based on the height of the formation. However, Captain Faibik’s more bullish projection points to $2.30, signaling higher upside potential if XRP manages to maintain its momentum.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/crazy-buying-of-this-new-solana-meme-coin/" target="_blank" rel="noopener noreferrer nofollow">Crazy Buying Of This New Solana Meme Coin</a></em></strong></p>
<h2 class="wp-block-heading" id="analyst-s-perspective-on-xrp-s-price-potential">Analyst’s Perspective on XRP’s Price Potential</h2>
<p>In his tweet, Captain Faibik expressed optimism about XRP’s future, stating that the token is “finally heating up for a massive breakout.”<br><br>His analysis aligns with the symmetrical triangle pattern seen on the chart, which often signals a continuation or reversal depending on the breakout direction. While Faibik remains confident in the $2.30 target, traders are advised to monitor key resistance levels closely.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/is-ripple-xrp-price-set-to-explode-top-analyst-predicts-2-30-breakout-soon/" rel="noopener noreferrer nofollow">Is Ripple (XRP) Price Set to Explode? Top Analyst Predicts $2.30 Breakout Soon</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Is Ripple (XRP) Price Set to Explode? Top Analyst Predicts $2.30 Breakout Soon

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