TLDR
- XRP Price maintains strength over $ 2 and forms a hooked trend
- Price recently reached $ 2.24 before little correction
- Technical indicators show Hausseartat Momentum with support for $ 2.10
- Analysts predict potential 30% move to $ 2.60 if the current support has
- Some experts predict XRP can reach $ 5.50 by the end of 2025
XRP, Cryptocurrency associated with Ripple, has shown promising price measures recently and maintained its position over the decisive $ 2 mark. The digital asset has caught attention from traders and investors as it shows signs of a new trend despite broader market uncertainty.
The price of XRP began a new increase after managing to hold over $ 1.88 support zone. It climbed past multiple resistance levels including $ 1.98 and $ 2.00, which showed buying on the market.
On his recent upward movement, XRP formed a pile of $ 2.24 before entering a corrective phase. During this correction, the price dipped under $ 2.12 but found strong support close to $ 2.08 level.
Currently, XRP is traded over $ 2.10 and the 100 -hour simple sliding mean, which is considered a positive sign of technical analysts. A raised trend line has been formed with support for $ 2.10 on the Timdiagram.
Cryptocurrency increased 1.41% only on April 14, which showed resilience to the total market uncertainty. This price behavior suggests that market participants maintain confidence in XRP’s long -term growth potential.
Technical analysis and support levels
On the technical front, the MACD receives the XRP/USD rate in the haus -like zone. The relative strength index (RSI) is currently above the 50 level, which indicates positive momentum.
If we look at the diagram pattern, XRP has established several important support levels. The first major support is close to $ 2.10, coincides with the trend line. Another important support is at the $ 2.08 level.
If the price is broken under these support, the next big level would look at be $ 2.00 brand. If additional sales prints appear, support for $ 1.92 may get into the game.
XRP recovered impressive by 14.28% on Wednesday and exceeded 200-day exponentially variable average to $ 1.95. After a return of 4.24% the day after, it regained speed and climbed back to the last height of $ 2.23.
The daily RSI is currently standing at 50 and points upwards, which is considered a neutral for some hooked signal. Maintaining RSI over 50 will be crucial in maintaining the current recovery.
Resistance levels and upward potential
When you look at resistance levels, XRP can face its first challenge close to $ 2.17. The more important resistance is at $ 2.20 followed by $ 2.25.
If buyers manage to push the price over $ 2.25, the next target would be $ 2.32 and potentially $ 2.45 or even $ 2.50 in the short term. The $ 2.55 level represents a major obstacle that requires significant buyingress to overcome.
According to analyst Ali Martinez, XRP shows Haussearted characters when it retains its position over the critical $ 2 threshold. If this support continues to hold, some analysts predict a potential 30% movement that can take the price to about $ 2.60.
If $ XRP Can stay above the most important $ 2 level, a 30% movement against the channel’s upper limit to $ 2.60 can be next! pic.twitter.com/tbxv0y28de
– ali (@ali_charts) April 5 2025
For more significant profits, XRP would have to break over $ 2.40, which could potentially open the road to the $ 3 brand. This would represent an important milestone for Cryptocurrency.
Under favorable macroeconomic conditions and continued speed, some Experts believe XRP could climb as high as $ 5.50 at the end of 2025. This goal is previously predicted by standard chartered.
However, it is worth noting that open interest in XRP has decreased by 3.78% according to Coinglass statistics. This decrease indicates that some traders are closing their positions, which reflects some uncertainty in the market.
As with all Cryptocurrency investments, traders should continue with caution. While the technical indicators and price measures are currently favoring the bulls, market conditions can change rapidly.
The future price movement for XRP is likely to be due to broader market trends, the development of Ripple’s ongoing legal issues and institutional adoption of technology. Investors should remain informed and manage their risk accordingly as the year progresses.
To summarize, XRP is in a raised trend over $ 2 with potential for additional gains if it can clear important resistance levels to $ 2.20 and thereafter.
