XRP Surges to $2.35 – Is a Retest of the $3.40 ATH Possible This Week?

XRP price movement experienced remarkable momentum on April 28, 2025. This shows that XRP is gaining investors’ confidence in the crypto landscape. With its solid fundamentals and increasing adoption, technical indicators are signaling bullish sentiment. Hence, XRP is on the brink of a breakout. As Ripple price is gaining momentum in the crypto market, analysts suggest that it could probably retest its all-time high of $3.40 in the near term. Investors who are considering XRP investment should watch for the key levels to find whether XRP offers potential opportunities for traders at the moment. 

Let’s briefly analyze the price movement of XRP over the last 24 hours to see whether it could retest or retreat. 

XRP’s Notable Price Action – April 27, 2025

On 27th April 2025, the XRP trading day began with a short rise, demonstrating a bullish sentiment. But at 01:15 UTC, a pin bar, followed by a full-body red candle, signaled a downtrend. Likely, XRP resisted at $2.2062 and began to experience a short-term fall. A Death Cross on MACD at 01:20 UTC affirmed this downtrend. Conversely, at 01:50 UTC, XRP encountered an RSI Oversold situation, indicating a potential trend reversal. As expected, at 01:55 UTC, XRP found support at $2.1576 and began to experience an uptrend. A Golden Cross on MACD at 02:20 UTC asserted this uptrend. 

Chart 1, Analyzed by Buvaneswari_L, published on TradingView, April 28, 2025

At 12:30 UTC, XRP continued its uptrend, broke the resistance at $2.2062, breached a breakout, and moved up. Substantially, at 12:40 UTC, XRP encountered an RSI Overbought situation, indicating a possible downtrend. Likely, at 12:55 UTC, a pin bar, followed by a full-body red candle, signaled a downtrend. As expected, XRP price movement resisted at $2.2462 and began to experience a short-term decline. A Death Cross on MACD at 13:35 UTC reasserted this downtime. Subsequently, at 14:05 UTC, XRP found support at $2.2142 and moved up. A Golden Cross on MACD at 16:05 UTC affirmed this uptrend.

At 18:55 UTC, XRP continued its upward movement, breached a breakout, and reached $2.2946. Conversely, at 19:55 UTC, XRP encountered an RSI Overbought zone, indicating a potential trend reversal. Likely, XRP resisted at $2.2946, experienced a sharp fall, and closed at $2.2512. A Death Cross on MACD at 20:55 UTC affirmed this downtrend. 

XRP Eyes to Break the Key Resistance – April 28, 2025

As illustrated in Chart 1, XRP trading on April 28, 2025, began with a short-term fall. But at 00:10 UTC, XRP found support at $2.2394 and began to move up. However, at 00:55 UTC, XRP price movement resisted at $2.2625 and experienced a short-term fall. Conversely, at 01:45 UTC, XRP found support at $2.2258 and moved in an ascending channel. A Golden Cross on MACD at 02:10 UTC confirmed this uptrend. At 07:25 UTC, XRP continued its uptrend, broke the resistance at $2.2946, breached a breakout, and reached $2.3520. At 08:15 UTC, XRP resisted at $2.3520, experiencing a short-term decline. 

Will XRP Reach a New High?

In today’s price analysis, XRP price movement is projected to undergo an upward trajectory, demonstrating a strong bullish sentiment. In case XRP attempts to break the key resistance, it could reach a new high. If it fails in its attempt, XRP could experience a sharp fall. As of now, XRP is showing steady recovery, strong technical indicators, and growing market optimism. Hence, the chance of retesting its all-time high is back on the radar. Since market volatility remains a key factor to watch, investors should closely monitor the Ripple price before making big moves in XRP investments.

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