XRP Bulls Are Dreaming of $4 in Six Days—Charts Are Just Shrugging

Crypto Twitter is buzzing this week with a take so bold it could probably pay off a small nation's debt—$XRP is apparently about to moon to fresh all-time highs above $4 within six days, all because of a weekly chart squeeze. The XRP army is sharing screenshots like they're winning the lottery (before the numbers are even drawn), while analysts who actually look at charts for a living are responding with a collective "lmao, slow down."

$XRP is currently lounging around $1.34, down 2.39% on the week—roughly as exciting as watching paint dry, except the paint is your portfolio.

Now let's talk about this chart situation. On the weekly timeframe, $XRP has been playing an extremely uninspiring game of lower highs and lower lows, stuck inside a descending channel ever since it peaked above $3.50 back in mid-2025. The channel has been tightening faster than a regulatory deadline on a Friday afternoon. And yes, Bollinger Bands on the weekly are sitting at their skinniest in months—something that historically means a big move is coming, but crucially, it doesn't come with a compass attached.

Josh from Crypto World stepped up to deliver the therapy session nobody asked for. According to him, the longer-term trend on the weekly remains stubbornly bearish—no confirmed reversal out of the larger bear market structure yet. The $1.30 level is holding strong as critical support, which Josh has been flagging since $XRP was still strutting around near $3. Immediate support zones are sitting pretty at $1.34 to $1.35, with extra downside cushion hanging out at $1.32. On the resistance side, $1.38 to $1.39 has already rejected the price recently, and a clean break above that unlocks the path toward $1.44 to $1.45. So yes, the Bollinger Bands are squeezing with impressive enthusiasm. But $4 in six days? The charts are giving that prediction roughly the same energy as a JPEG promising lambos by Tuesday.