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$XRP Crypto analyst CryptoBull has released a new technical analysis suggesting that XRP could be approaching a significant price movement, with a monthly candle reaching as high as $5 in March.
The assessment was shared alongside a detailed XRP/USD one-month chart, highlighting long-term price structure and recent market behavior. According to CryptoBull, the current setup points to a major move developing after an extended period of consolidation within a clearly defined ascending channel.
In the tweet, CryptoBull stated, “A HUGE move is coming for #XRP with a $5 monthly candle in March,” directly linking the projection to the structure visible on the higher-timeframe chart.
The image attached to the post shows XRP trading within an upward-sloping channel, with multiple colored trend lines marking areas of historical support and resistance. The analysis emphasizes that price action continues to respect this channel, suggesting that the broader trend remains intact despite recent pullbacks.

👉Ascending Channel and Compression in Focus
The chart shared by CryptoBull places particular emphasis on repeated reactions from lower channel support. Several highlighted zones on the chart show previous periods where XRP consolidated near the lower boundary before initiating strong upward moves.
The most recent price action appears to follow a similar pattern, with XRP compressing while maintaining higher lows inside the channel. CryptoBull’s projection points to a possible expansion phase if price breaks decisively to the upside.
The analysis also notes that XRP has remained above key monthly support levels, reinforcing the view that the market is building a base rather than entering a distribution phase. The upward arrow on the chart suggests a continuation toward the upper region of the channel, aligning with the $5 monthly candle target referenced in the tweet.
👉Community Responses to the Projection
Several commentators responded to CryptoBull’s analysis by echoing confidence in the technical structure. A user known as iAmForexBots commented that continued momentum would be critical, adding that XRP’s fundamentals are strengthening alongside the technical setup.
Another account, TheTrumpToken, focused on the channel structure itself, stating that the compression within the pattern could support significant upside if a breakout occurs.
Crypto Sufi provided additional technical context, noting that XRP continues to respect its long-term ascending channel and that multiple monthly supports have held. The comment also highlighted compression alongside higher lows, suggesting that a strong monthly close in March could confirm a shift in momentum.
👉March Close as a Key Confirmation Point
Across CryptoBull’s analysis and the accompanying responses, March is presented as a pivotal period for XRP. The focus remains on whether price can sustain a breakout from its current range and close the month with strength.
While the $5 target is framed as a technical projection rather than a certainty, the analysis underscores that XRP’s long-term structure remains constructive, with the coming weeks expected to provide clarity on whether the anticipated expansion phase materializes.

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