XRP hovers around $1.21 as analysts weigh short‑term breakouts and long‑term rally potential

Crypto analysts are closely monitoring XRP as it trades near $1.18, with the price testing a key resistance level around $1.21. GainMuse notes that a breakout above $1.21 could revive buying momentum, while a failure to do so may push the token down toward a support zone near $1.14. The analyst also observes narrowing candle bodies that often precede heightened volatility.

Separately, analyst MikybullCrypto points to a longer‑term bullish pattern, citing XRP’s monthly chart that aligns with a rising trendline and a 0.618 Fibonacci retracement. He advises investors to accumulate XRP at current levels, targeting a longer‑term move toward $5, which would constitute a new all‑time high. Both viewpoints highlight the importance of the current support area and the potential for a significant price advance if the resistance at $1.21 is decisively broken.