Analyst CryptoWZRD says XRP is making an explosive push toward a new all-time high as long as Bitcoin doesn’t “spoil the fun.”

He announced this amid prevailing uncertainty in the market Bitcoin (BTC) continues to consolidate between the highs and lows of the psychological $90,000 level. Interestingly, while the rest of the market was largely bearish, XRP appears to be showing greater resilience.

XRP breaks falling wedge despite broader market turmoil

In his most recent analysisCryptoWZRD confirmed that XRP’s resilience has allowed it to break through a multi-week falling wedge on the 4-hour chart despite the market’s bearish direction. Market data confirms this and suggests that this breakout occurred over the weekend.

For comparison, XRP began forming this falling wedge after hitting a hurdle at the seven-year high of $2.9 on December 3, 2024. At this peak, XRP experienced a pullback and subsequent consolidation. This pattern continued for weeks and spread into the new year, leading to the formation of the falling wedge.

However, the recovery surge last weekend increased XRP is rising by an impressive 10% on Saturday, January 11, resulting in a breakout across the wedge. At the time of CryptoWZRD’s commentary, XRP price was already experiencing a slight correction and was attempting to retest this breakout.

The crypto analyst expressed confidence that the recent breakout would lead to a more impressive run to new highs. According to him, XRP has already started the move that would trigger an explosive rally to a new all-time high.

If Bitcoin remains strong, a new high is looming

However, he admitted that there is the possibility of devaluation, which he attributes to a Bitcoin bear push. Despite The resilience of XRPThe token often hits a roadblock when Bitcoin triggers a bearish phase across the market. This trend continued into December 2024 and into the new year.

Bitcoins occasional break-ins The decline in recent weeks was due to macroeconomic factors, particularly better U.S. employment data, dampening hopes for interest rate cuts. However, if another strong downtrend does not occur, CryptoWZRD expects XRP’s current rise to $4, a new all-time high.

Interestingly, XRP appears to have maintained its uptrend, as recent data shows. After a pullback and consolidation on January 12th and 13th, XRP resumed the recent rally and rose by 5.71% on Tuesday, January 14th to capture the $2.60 region.

This morning, XRP maintained this bullish trend and recorded another 5.34% increase today. As a result, at press time, the token appears to be retesting the $2.80 resistance and is currently changing hands at $2.806. A decisive push towards $2.85 would help capture the $2.8 region. At this pointXRP only needs a 42% increase Request $4.