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Will XRP Price Reach $2.50? Market Trends and Holder Behavior Says So

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  • XRP price has gained by nearly 10% in the past week, driven by growing demand, a spectacular increase in new addresses, and weakening selling pressure by long-term holders.
  • A sharp decline in XRP’s liveliness metric signifies growing investor optimism and improved holding trends.
  • Various indicators point to the possibility that XRP can break through the current price level and move toward the $2.50 mark.

XRP price has continued to record gains following the renewed investor confidence in the broader crypto market. At the time of writing, this altcoin trades at $2.33.

With signs of improvement in the broader crypto market, traders have displayed renewed interest in XRP, while its long-term holders (LTHs) have reduced their selling actions. The LTHs are wallets that have held the coin for at least 155 days.

Rising demand is boosting XRP price

The increase in the number of new addresses is another factor that has boosted the recent rise in XRP’s price. On-chain data shows that these new addresses have now hit 3,677 in the last fourteen days.

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New addresses. Source: Glassnode

One of the signs of fresh fund inflows and increased market activity related to an asset is the rise in the number of new addresses created to trade it. These traders help strengthen the XRP price rally and boost its price stability.

In addition, the data showed that XRP LTHs have not sold their tokens in the last seven days. The decrease in the XRP liveliness is proof of this change in selling activity.

At the moment, this liveliness score is 0.81, a score not seen since December 1, 2024. This type of drop in liveliness suggests a behavior shift among long-term holders.

It proves that they prefer to hold on to their coins instead of selling or transferring them. Their actions result in drop in selling pressure on the altcoin.

It is also a proof of investor confidence in XRP and suggests the continuation of a price uptrend for this coin.

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Liveliness metric. Source: Glassnode

Could $2.50 be next for XRP?

The daily chart analysis shows a steady rise in XRP’s relative strength index (RSI), which confirms the increasing buying pressure as stated earlier. Currently, this momentum indicator is at 61.45.

The MACD line is also above the signal line, which is another confirmation of the coin’s bullish trend. In addition, the MACD histogram is displaying green bars, suggesting that the bullish momentum is gaining more strength.

If this buying pressure is maintained, the XRP price breaks above the $2.35 level (its next resistance), it could be on its way to trading at $2.5.

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Source: TradingView

XRP Breakout Imminent: $2.29 Resistance Could Spark Major Rally

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  • XRP is showing clear signs of an imminent breakout, with narrowing Bollinger Bands indicating a potential surge in volatility and strong price movement ahead
  • Key technical indicators, including a persistently strong Relative Strength Index (RSI), highlight growing bullish momentum and increasing buyer strength in the market
  • Ripple has successfully broken out of a long-standing descending channel, signaling a major shift from a bearish to a bullish trend and opening the door for further gains

Ripple (XRP) analysis shows that XRP might be poised to see a substantial price action. One crypto analyst recently noted that XRP’s chart was showing narrowing Bollinger Bands, which generally means a break would occur. Currently consolidating around the middle line from a recent bounce off lower support, XRP may see a surge in volatility with a strong price action.

At the time of writing, XRP is trading at $ 2.18 with a 24-hour trading volume of $ 2.09B and a market cap of $ 127.51B. The XRP over the last 24 hours is showing stability; however, over the last week, its price is up by 6.63% and showing a potential for the next major rally.

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Source: CoinMarketCap

XRP Bulls Eye $2.29 Breakout for Strong Price Surge

A prominent crypto analyst highlighted that XRP appears to be ready for a significant technical breakout, with a number of indicators pointing towards a strong and near-term move higher. One of the best indicators of this is the strong contraction of the Bollinger Bands, a popular chart tool for measuring market volatility.

When these bands contract, it generally precedes a period of increased price action, often leading to strong moves. For XRP, this is happening with a solidly bullish Relative Strength Index (RSI), which still remains in positive ground. This relation of low volatility with persistent buying strength is a classic signal for a breakout.

Experts are looking for the crucial resistance level of $2.29, anticipating a strong breakthrough that barrier could spark a buying trend, catapulting XRP towards major target levels of $2.50-$2.80.

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XRP Breakout Imminent: $2.29 Resistance Could Spark Major Rally 6

Source: X

One factor supporting XRP’s bullish fundamental sentiment is its recent break above a clearly visible descending channel, a pattern that had dominated its price action for several weeks. Descending channels are typically bearish patterns that consist of a series of lower highs as well as lower lows.

Backing up this break is the firm establishment of a firm support level at $1.87, where price action always found buyers stepping in. This provides a sound cushion beneath present prices, minimizing the risk of declines and boosting bulls’ confidence to push prices higher.

Related Reading: $131,800 in Sight: Bitcoin’s Critical Retest Could Trigger Historic Rally

Ripple (XRP) at a Crossroads: Hold 0.702 Fib or Risk a Sharp Drop to $1.25

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  • Ripple (XRP) is trading at $2.19 with a 5.7% weekly gain, but faces short-term bearish pressure below key resistance levels.
  • Failure to hold the 0.702 Fibonacci level could lead to a major retest around $1.25.
  • Optimism remains strong due to growing spot XRP ETF speculation and Ripple’s progress against the SEC.
  • A close above $2.45 could open the door for XRP to push toward $3 or higher by mid-2025.

Ripple (XRP), the fourth-largest cryptocurrency by market cap, is at a critical juncture as technical analysis points to a potential short-term correction.

XRP is trading at $2.19, with a 24-hour trading volume of $3.2 billion, according to CoinMarketCap. The token has seen a 5.7% increase over the past week, reflecting strong momentum fueled by recent developments.

XRP 1D graph coinmarketcap 13
Ripple (XRP) at a Crossroads: Hold 0.702 Fib or Risk a Sharp Drop to $1.25 9

However, the broader crypto market is showing mixed signals, with Bitcoin (BTC) hovering around $94,000 after a slight 0.76% dip. Despite its recent gains, XRP remains 50% below its all-time high of $3.84, set in January 2018, leaving room for substantial upside if bullish catalysts materialize.

XRP Price Faces Short-Term Bearish Pressure

EGRAG CRYPTO’s analysis, highlights XRP’s current weakness as it trades below the upper edge of the Bull Market Support Band, a key momentum indicator using the 20-week Simple Moving Average (SMA) and 21-week Exponential Moving Average (EMA).

This band, often a reliable gauge of bullish or bearish trends, has its upper boundary at $2.33–$2.45. According to EGRAG, XRP must close above these levels to dispel bearish sentiment and confirm that a bottom is not yet in sight.

A pivotal element in the analysis is the 0.702 Fibonacci retracement level, which aligns with XRP’s historical breakout structure. Fibonacci levels are widely used in crypto trading to identify potential support and resistance zones, as seen in past market cycles like WAVES’ 65% drawdown in 2022.

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If XRP fails to hold this level, EGRAG warns of a “major retest,” potentially driving the price down to $1.25 in the near term, a 35% drop from its current level.

Despite the short-term bearish outlook, EGRAG remains optimistic about XRP’s long-term potential, forecasting double-digit prices in the coming months. This aligns with broader market sentiment, as XRP has already surged 210% year-to-date in 2025, driven by macroeconomic tailwinds and crypto-specific catalysts.

ETF Speculation and Ripple Legal Developments Fuel Optimism

XRP’s recent rally has been propelled by growing speculation around a spot XRP ETF. There is an 87% probability of a spot XRP ETF being approved by the end of 2025. This optimism is bolstered by Ripple’s legal progress against the SEC.

A recent report highlights delays in the SEC’s appeal decision, fueling speculation of a potential withdrawal. A favorable resolution could pave the way for ETF approvals, significantly boosting XRP’s adoption and price.

What’s Next for XRP in 2025?

The coming weeks will be crucial for XRP as it navigates key technical levels. A close above $2.45 could signal a bullish continuation, potentially pushing XRP toward $3 or higher by mid-2025, as predicted by some analysts like those at CoinCodex, who estimate XRP’s 50-day SMA to hit $2.36 by May 25, 2025. Conversely, a failure to hold the 0.702 Fibonacci level could see EGRAG’s $1.25 prediction come to fruition, offering a buying opportunity for long-term investors.

The broader crypto market will also play a role. If Bitcoin breaks above its all-time high of $109,312, as outlined, altcoins like Ripple could see a significant boost. However, macroeconomic headwinds, such as rising inflation or a hawkish Federal Reserve, could exert downward pressure across the board.

Ripple’s short-term outlook may be bearish, but its long-term fundamentals remain strong. With ETF speculation, legal clarity, and a resilient community backing it, XRP is well-positioned for potential growth in 2025.

Related Reading | Hashdex Debuts World’s First Spot XRP ETF on Brazil’s B3 Exchange

CME to launch XRP futures in May: Is XRP headed for a bullish breakout?

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  • XRP maintains a bullish structure with potential consolidation ahead.
  • CME Group to launch Ripple futures in May, boosting institutional interest.
  • Ripple’s legal clarity and global partnerships reinforce XRP’s appeal.

XRP, currently trading at $2.18 as of now, has portrayed sturdy price action amid some modest volatility over the last 24 hours. Its trading volumes have dipped modestly by 9.23% to about $4.27 billion, yet the currency’s price has managed to register a 6.27% growth in the last seven days, holding firm over critical support levels at about $2.08.

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Source: Coinmarketcap

XRP’s chart continues to be largely bullish, backed by high-quality institutional volume and high liquidity levels. Technical indicators also support the positive sentiment: the Relative Strength Index (RSI) at 63.33 indicates space for the potential to move upwards without reaching the overbought zone, and the Moving Average Convergence Divergence (MACD) indicates near-convergence to zero, and hence the possibility of a breakout phase. Also, the reading of the Average Directional Index (ADX) at 83.3 indicates a dominant underlying trend.

Traders who focus on XRP could target long positions on the pullbacks into the $2.14-$2.17 band, with the risk/reward in play at the strategic entry of $2.27 aiming for a short-term price target of $2.34. Volume metrics and liquidity scores also imply that such conditions in the market support ongoing buying pressure with little in the way of downside volatility.

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Source: X

CME group to start XRP futures on May 19

The Chicago Mercantile Exchange (CME) Group will be launching XRP futures on May 19, a major landmark in the institutional acceptance of the cryptocurrency. The introduction of the Ripple futures will make XRP the fourth cryptocurrency to be listed on the CME’s derivative platform, joining the likes of Bitcoin, Ethereum, and Solana. The futures will be cash-settled and will be based on the CME CF XRP-Dollar Reference Rate, computed on a daily basis.

Two contract sizes will be made available, the micro contract for 2,500 XRP and the standard contract at 50,000 Ripple. The action follows increasing institutional investors’ appetite for multi-asset crypto exposure and tools to manage risk. Giovanni Vicioso, CME’s crypto products head, highlights investors’ desire to diversify digital asset holdings to go beyond major cryptocurrencies.

XRP’s addition to CME’s portfolio comes after Ripple Labs’ deepening cooperation with major financial institutions, including MoneyGram and Santander. Also, Ripple’s settlement of charges by the U.S. Securities and Exchange Commission (SEC), the softening of fines and presumably the resolution of regulatory doubts, pushed the timeline for the release of such a futures product earlier.

XRP price prediction for April 2025

Looking forward, XRP technical predictions indicate a price spectrum with a minimum of $1.84 and a possible high of $2.27 by 2025, averaging a price of about $2.69, representing a relatively modest return on investment of about 4.1%. For April of 2025, projections cite Ripple to trade from $2.12 to $2.57, averaging $2.35, representing a possible 17.9% return on investment.

Traders should take long positions on the pulls back to the $2.14–$2.17 support area, with tight stop losses below $2.17. Alternatively, a breakout above $2.27 that has been confirmed could present desirable risk-reward scenarios, aiming at levels close to $2.34. Existing liquidity and volume proportions make the possibility of larger position sizes viable while reducing the threats from the down side.

Institutional money flows into XRP, price rises to $2.22 with 47% volume surge

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  • XRP is trading at $2.22, marking a 6.92% daily gain with surging volume.
  • Technicals suggest bullish momentum supported by institutional accumulation.
  • A major security flaw in Ripple’s JavaScript library has been patched, limiting market fallout.

XRP is currently trading at $2.22 with a 6.92% increase in the last 24 hours. Trading volume surged to $4.03 billion, up 47.51%, pointing to rising investor participation. The token has maintained its price over the past week, showing a 6.36% rise despite broader market fluctuations.

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Source: Coinmarketcap

Technical indicators affirm XRP’s improving market position. With RSI at 64.44 and an approaching bullish crossover, momentum favors buyers. The ADX value of 45.5, together with a positive DMI spread (32.0/12.0), supports a firm directional trend. Bollinger Band width at 7.77% suggests a forthcoming spike in volatility, giving a further push to the price.

Market action is confirming consistent accumulation patterns, usually a sign of intelligent money participation. Traders point to the coin holding above key exponential moving averages, supporting a bullish position. A current “discovery” reading of 100% is a sign that breakout potential is elevated.

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Source: X

XRP holds above $2.10 as traders watch key levels

Traders are watching closely at key levels, with XRP consolidating above $2.10. Resistance is found at $2.18–$2.23, with solid support at $2.08–$2.10. If the price breaks $2.23 convincingly, It will test the $2.49 area, a notable upside. Recommended stop-loss levels are under $2.02 to avoid explosive reversals.

Swing traders are presented with appealing entries at the $2.10–$2.13 levels with good risk/reward characteristics. Cautious participants will hold off until a confirmed breakout before taking positions. XRP’s liquidity conditions are robust, ensuring effective execution by both retail and institutional market participants.

XRP JavaScript library hit by critical security flaw

The XRP Ledger Foundation confirmed on April 22 that a critical flaw had been found in its popular JavaScript library. The vulnerability, discovered by blockchain security researchers at Aikido, exposed a backdoor added by highly sophisticated hackers, which could leak users’ private keys.

Although the XRP Ledger itself wasn’t exposed, the breached library created a huge vulnerability in apps that were constructed around it. Secure updates have since been made by developers. XRPScan and First Ledger are just a couple of the larger platforms that confirmed their systems weren’t breached.

Irrespective of the news, the coin concluded the U.S. trading day with a 3.5% improvement. The event has not made investors nervous, with the coin now having a market cap of more than $125 billion. In response to renewed interest by asset managers and the recent inclusion of XRP within Coinbase’s derivatives exchange, the token continues to draw attention from institutions, reflecting promising long-term potential.

XRP Eyes $2.35 Breakout, but $1.80 Breakdown Threatens Bearish Shift

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  • XRP’s 4-hour Bollinger Bands are tightening, indicating a major price move could be near.
  • The current squeeze mirrors patterns seen before past rallies, with bandwidth at its lowest since October 2024.
  • XRP is hovering near $2.12, testing key support at $2.07 while facing resistance from overhead EMAs.
  • A break below $1.80 could confirm a bearish trend, while a move above $2.35 may signal short-term recovery.

XRP is showing signs of a major move brewing as its Bollinger Bands tighten significantly on the 4-hour chart, a classic signal of incoming volatility. According to crypto analyst Ali Martinez, who shared the update on X, this technical setup could mark the start of a powerful price breakout or breakdown for XRP in the days ahead.

XRP Bollinger Bands Hint at Explosive Move

Bollinger Bands are a widely used indicator that measures market volatility by plotting two standard deviations from a 20-period moving average. When these bands squeeze together, it often means that a strong price movement is near.

image 197 1

Martinez pointed out that XRP’s current Bollinger Bandwidth is at its lowest level since October 2024, a period that preceded sharp price action. He also noted that a similar squeeze on the 12-hour chart previously led to the token stabilizing at $3 after touching highs of $3.30—highlighting the historical reliability of this signal.

Bulls and Bears Face Off

After a breakout from the $0.38 range, XRP soared to a local peak of $3.40 before entering a multi-week correction. At press time, the asset is trading around $2.12, testing the lower Bollinger Band and sitting below key exponential moving averages (EMAs). These EMAs now act as overhead resistance and could limit any immediate upside momentum.

If the token holds the $2.07 support zone, it could bounce back toward the $2.35 level, a short-term resistance that might help bulls regain control. However, a break below this level could send the token tumbling toward $1.60, a crucial demand zone from previous cycles.

image 197 3

XRP is also facing a key retest of its long-standing downtrend resistance on the daily chart. If the token fails to break above this range within the next couple of weeks, traders may be in for more consolidation or downside pressure.

Analysts are particularly watching the $1.80 support level. A decisive breakdown below this threshold could mark a bearish continuation, potentially invalidating bullish scenarios for the medium term. Meanwhile, a move above $2.35 could provide short-term momentum, with the $2.60 mark being the next target for bulls looking to re-establish dominance.

With XRP and even Bitcoin both showing signs of compressed, spring-like price action, the crypto market could be on the edge of a broader volatility surge. Traders are now closely monitoring price movements and key support/resistance levels as XRP prepares for what could be a significant shift in trajectory.

Whether it’s a breakout to the upside or another leg down, one thing is clear: the squeeze is on, and XRP is about to move.

Related Reading | Crypto Analyst Sees Solana Hitting $2K—Is a Breakout on the Way?

XRP Holds Strong Above $2—Is a Breakout or Breakdown Next?

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  • XRP holds above the $2 mark despite short-term volatility and bearish indicators.
  • Legal clarity improves with Ripple-SEC settlement talks amid U.S. regulatory shake-up.
  • Technical and fundamental factors hint at a possible breakout if ETF speculation materializes.

XRP is trading at $2.09, registering a 1.28% increase in the last 24 hours, with trading volume shooting up to $3.35 billion, an 8.48% rise in the last 24 hours. The token has sustained that position in the last seven days with a 4.88% rise.

In the face of temporary dips, XRP has held firm in the psychological $2 zone of resistance, a price that experts closely watch to confirm the next trend.

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Source: CoinMarketcap

Technical indicators show a split view. The Relative Strength Index (RSI) stands at 45.3, indicating neutral momentum, and the MACD is pointing mildly bearish at -1.8. XRP broke below the 20-day EMA of $2.10 on 15th April, falling to retest the $2 mark. Flat EMA and neutral RSI suggest a state of consolidation, and the XRP/USDT pair may be alternating between $2.00 and the 50-day SMA of $2.23.

Meanwhile, XRP’s current performance is a 158% rise from the $0.80 seen in April 2024 to the all-time high of $2.50 in December. The levels of support are still strong at $2.00, $1.80, and $1.50, while the resistance levels are established at $2.20, $2.50, and $3.00. A close above the 50-day SMA may see a rally kick in, while a fall below $2 may see a slide to $1.61.

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Source: X

2025 XRP Forecast: Neutral Sentiment and ROI

Cryptocurrency prediction platform Changelly has released its latest price forecast of XRP for April 2025, providing a cautious yet steady estimate. Under the prediction, the minimum price of trading XRP during the month may drop to $1.69, while the maximum may hit $2.05. The average trading price lingers around $1.87, as the market expresses moderate confidence in the face of wider uncertainty.

Changelly also offered a 2025 year-long prediction, proposing that the minimum price of XRP will stabilize at $1.85, with possible highs of $1.95. This would give a possible return on investment (ROI) of -6.3%, showing neutral to slightly bearish sentiment in the event of the lack of major drivers.

Ripple vs. SEC: A New Path Forward for XRP

Beyond price analysis, Ripple and the U.S. Securities and Exchange Commission (SEC) have agreed to temporarily delay the existing court proceedings by 60 days. The U.S. Court of Appeals granted a motion that provides time for negotiations to settle, marking a thaw in a lawsuit that started in December 2020.

The pause comes in the face of sweeping leadership transitions at the SEC in the wake of President Trump’s re-election. Newly appointed SEC Chair Paul Atkins, who has a reputation for lighter regulation, succeeds ousted Chair Gary Gensler. The change has already led to less enforcement action against crypto companies.

The recent legal respite boosts XRP’s long-term potential, alleviating investor fears and raising the hope of greater clarity and eventual institutional adoption.

XRP Consolidates at Crucial Zone, Breakout Toward $2.40 on the Horizon

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  • XRP price experienced a 3.39% drop, but a 10% rise in volume suggests growing investor interest
  • Ongoing geopolitical tensions and new U.S. tariffs on China add pressure to global markets
  • XRP is consolidating above the $1.90–$1.92 support zone, historically a launchpad for upward moves
  • Technical indicators hint at a possible breakout toward $2.40 if current support levels hold

Ripple’s native token, XRP, is showing signs of resilience despite a turbulent week in the cryptocurrency market. As of now, marking a 3.39% decline over the last 24 hours. However, a 10% increase in XRP trading volume signals growing investor interest, suggesting that bullish momentum could soon return.

XRP 1D graph coinmarketcap 11 1
XRP Consolidates at Crucial Zone, Breakout Toward $2.40 on the Horizon 23

Global Tensions Weigh on Crypto Market

The recent XRP price drop comes amid renewed geopolitical instability. Trade negotiations between the U.S. and China have hit a deadlock, with Beijing walking away from the table, demanding greater respect from Washington. Meanwhile, the European Union has expressed little optimism for a resolution anytime soon.

In a dramatic move, the White House has imposed a 245% tariff on Chinese imports, further rattling global financial markets and sparking a wave of uncertainty across both traditional and digital asset classes.

image 154
XRP Consolidates at Crucial Zone, Breakout Toward $2.40 on the Horizon 24

XRP Technicals Point to Possible Bullish Reversal

Despite macroeconomic headwinds, technical indicators for XRP remain largely bullish. The cryptocurrency is currently consolidating above the $1.90–$1.92 weekly support zone, a historically significant level. This area has consistently acted as a springboard for upward price movements in the past.

image 152
XRP Consolidates at Crucial Zone, Breakout Toward $2.40 on the Horizon 25

On higher timeframes (HTF), XRP is undergoing a bullish consolidation above this critical level. Monthly charts show a healthy retest and stabilization along the Tenkan and Kijun lines, key components of the Ichimoku Cloud indicator. These patterns are viewed as long-term bullish signals.

“As long as XRP holds above $1.86 on the monthly close, the long-term bullish structure remains intact.”

image 152 21
XRP Consolidates at Crucial Zone, Breakout Toward $2.40 on the Horizon 26

On lower timeframes, particularly the daily and 4-hour charts, XRP appears poised for a breakout. The current support around $2.10, and price action suggests a move toward $2.40 could be the next major target.

image 152
XRP Consolidates at Crucial Zone, Breakout Toward $2.40 on the Horizon 27

For XRP to continue its upward trajectory, breaking through the upper weekly downtrend resistance will be key. A decisive breakout could set the stage for a retest of the previous XRP all-time high (ATH) and potentially even new highs in the coming months.

While short-term volatility driven by geopolitical news continues to create uncertainty, Ripple’s XRP remains structurally strong. Rising trading volume, solid support zones, and technical consolidation all point toward a possible bullish reversal in the near future.

Related Reading | Toncoin Holds Strong Amid Market-Wide Pullback, Eyes Breakout Above $3

XRP’s Big Breakout: Why $2.17 Could Be the Key to Massive Gains

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Key Takeaways:

  • XRP faces a crucial resistance at $2.17, which must flip into support to maintain momentum.
  • A breakout above $2.70 could trigger a strong rally, with targets extending beyond $3.00.
  • Historical price patterns suggest a potential surge similar to the previous 570% rally.

XRP has reached a key decision point as it tests the $2.17 resistance level, a price that could define the next phase of its rally. The currency has been strong, recovering sharply from earlier declines and continuing to gain bullish momentum.

This price zone is key, as converting it to support would pave the way for further upward movement. Without taking back this zone, however, there is the possibility of a pullback to $2.00 before another bid to move upwards.

According to Casi Trades, the cryptocurrency is trading inside the Fibonacci Time Zone 3, a timeframe that is set to last until April and potentially be the beginning of an even larger macro trend.

image 18 1

Technical indicators are strong, ranging from confirmed RSI divergence and an evident structure to support price targets at the higher end.

In case of continuation of the upward trend, the cryptocurrency can soon be moving towards major levels of resistance at $2.70, $3.05, and $3.80, reflecting the likelihood of a long-term upward trend.

XRP Repeats 570% Rally Pattern, Bullish Momentum Builds

Technical expert Javon Marks has recognized one major technical breakthrough for XRP, as price activity and Relative Strength Index (RSI) both confirmed an upward trend.

This breakout is similar to one that created a whopping 570% price appreciation. The trend, as marked by symmetrical triangle formations, suggests the cryptocurrency is building up strength to pave the way for a potential major upswing.

Symmetrical triangles tend to indicate a period of market consolidation that results in a breakout, one way or another. In this case, the cryptocurrency decisively broke above the highest trendline of its recent triangle, confirming the bullish breakout.

image 18

History suggests that these breakouts have been accompanied by sharp price appreciation, reinforcing expectations of another major upsurge. The RSI breakout also favors this favorable outlook, as it indicates increasing momentum.

XRP Eyes Strong Rally if Key Levels Hold

Having technical indicators on their side that are bullish, XRP can expect to see a strong upmove if it manages to hold above crucial levels. The next hurdle at $2.70 is a crucial one, and crossing above it can unlock the way to larger price targets.

There are even some predictions that XRP can reach as high as $10 or more, as long as the initial breakout pattern is repeated. Such optimistic predictions are conditional on persistent buying pressure and favorable market sentiment.

Market sentiment on XRP is positive, fueled by increasing institutional demand for cryptocurrencies. Regulatory news and trends of increasing acceptance are potentially major drivers of XRP price trends over the next several weeks.

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XRP Price Analysis: Consolidation at $2.43 Points to Potential Upside

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  • XRP is consolidating near $2.43, indicating potential accumulation before a big move.
  • The SEC vs. Ripple case resolution has increased optimism, with growing institutional support, including XRP’s inclusion in the U.S. Digital Asset Reserve.
  • Technical indicators suggest a neutral-to-bullish market, with healthy accumulation and a possible breakout indicated by a Bollinger Band squeeze.

XRP has been on quite the ride recently, with significant volatility and price fluctuations. After a noticeable pump, technical indicators now show that the asset could be preparing for another leg up. According to crypto expert Ali, XRP’s price action has recently formed a head-and-shoulders pattern on high timeframes, signaling potential consolidation and accumulation before the next move.

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The SEC vs. Ripple Case: A Turning Point

The ongoing SEC vs. Ripple case has dominated headlines for months, but it seems that the dust is settling. With the case is now over, there’s growing optimism about the future of XRP, especially in the context of broader crypto adoption. In a major development, the U.S. Digital Asset Reserve is set to include XRP, indicating a shift towards greater institutional support for the token.

The resolution of the SEC lawsuit paves the way for the next phase of growth in the XRP ecosystem. Moreover, the industry’s focus shifts to exciting prospects such as ETFs, stablecoins, and blockchain adoption. There’s also growing buzz around Bitcoin’s breakout, with many believing that U.S.-based projects like XRP will benefit from this bullish momentum.

XRP’s Volatility Decreases, Preparing for a Major Move

Following its recent volatility, XRP is now consolidating within a narrow price range, a sign that market participants may be accumulating positions in anticipation of a significant price move. Currently, XRP is hovering near a key pivot point of $2.43, with decreasing volatility suggesting that a big move could be on the horizon.

From a technical standpoint, the market structure remains neutral-bullish, with the token showing signs of potential upward momentum. The Relative Strength Index (RSI) stands at 48.18, indicating neutral momentum, while the MACD shows early signs of bullish convergence with the signal line.

Additionally, the Directional Movement Index (DMI) readings at 42.5/20.5, combined with a strong Average Directional Index (ADX) of 34.8, confirm that the prevailing trend remains intact despite the recent consolidation.

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Several factors suggest that XRP may be preparing for a breakout. First, the volume profile indicates healthy accumulation, with a 1.60x ratio supporting the idea of a solid base forming. Additionally, a Bollinger Band (BB) squeeze is taking place, signaling that XRP’s price could be poised for a breakout in either direction.

The strong institutional liquidity, rated 8/10, also suggests that the token is trading under favorable conditions for large-scale players. Lastly, XRP’s price is holding above crucial support at $2.29, a level that traders will be closely monitoring.

Trade Setup and Risk Management

For traders, XRP’s current price action presents several opportunities. Bulls should look for a break above $2.47, which could signal the start of an upward move toward $2.59. Conservative traders may find favorable risk/reward ratios by entering on retests of the $2.29 support level.

Given the low volatility environment (rated 2/10), tight stops are recommended to manage risk effectively. Traders should be mindful of the broader market correlation and potential resistance at the $2.59 level.

The current trading range for the token is between $2.29 and $2.47, and a breakout from this zone could lead to significant price action. Long positions are preferable on support tests with tight stops, while the first target for swing positions should be the $2.59 resistance level. Any movement below $2.13 would invalidate the bullish setup.

As XRP continues to consolidate and accumulate, the next few days could reveal whether the asset is gearing up for a breakout to new highs. With the SEC case win and strong technical signals, the token’s future looks increasingly promising.

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