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Why $2.20 XRP Breakout Could Trigger a 500% XRP Price Surge?

1d ago
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The XRP Coin is now at the critical price levels as it sits consolidated above the $2.10 and many traders eye breakouts above the $2.24 resistance line to confirm bullish momentum. The MACD and RSI techniques indicate an increase in buying pressure with a bullish trend line at $2.10 offering an initial support area. On the flip side, however, there are mixed signals; derivatives data near $2.25, while the global market remains hooked onto macroeconomic developments. Long-term prospects for the XRP Network are tied to Ripple’s legal standing and acceptance as a cross-border payment mechanism, but a dip below $2.080 will nullify the positive trend. Will XRP keep its uptrend or go through a corrective phase?

XRP Price Consolidates Amid Bullish Momentum

XRP Coin, an important ingredient in the XRP Network, is witnessing early signs of recovery as its price consolidates above $2.10 strengthening after a bullish breakout. Currently trading above $2.080 and the 100-hourly Simple Moving Average, XRP is supported by a bullish trend line at $2.10. The cryptocurrency, however, faces stiff resistance at $2.20 and $2.250, which will need to be cleared for any further upside. On the technical side, MACD and RSI indicators have confirmed increasing bullish pressure, whereas Fibonacci retracement levels point out critical thresholds ahead for price pullbacks. A decisive push above $2.250 could lay a path for further gains close to $2.450 or more, towards $2.50 immediately. 

On the other hand, should it fall below the $2.080 support, XRP price may seek lower levels towards $2.00 and probably to the $1.920 support zone. The long-term future of XRP still looks bright in the eyes of analysts, with predictions ranging from $3 to $9 by 2025, supported by growing institutional interest and the utility of the network. XRP will be held at the mercy of the traders keen to watch these crucial resistance and support levels.

XRP Price Analysis: Approaching Key Support Amid Bearish Signals

The 5-minute chart for XRP Coin indicates a bearish trend, marked by recent price declines from its previous consolidation zone. An earlier attempt to breach the $2.24 resistance level resulted in a strong rejection, leading to a drop below the $2.08 support. The XRP price is currently hovering near the support level around $2.08. The XRP price analysis reveals an RSI reading of approximately 36.43, inching away from oversold conditions but still reflecting considerable selling pressure. 

Chart 1, analysed by Anushri Varshney, published on TradingView, April 14, 2025

Momentum analysis reinforces the bearish sentiment, with the MACD showing multiple bearish crossovers below the zero line, signaling negative market momentum. If the price fails to recover above $2.12, a downtrend targeting $2.06 may ensue. Conversely, rebounding prices will likely encounter initial resistance in the $2.14 to $2.15 range. While short-term volatility remains, long-term predictions depend on Ripple’s regulatory outlook and further adoption within the XRP Network.

XRP Bullish Outlook Faces Resistance Test

The present activity price of the XRP coin is at the resistance level of $2.20-a great and very important point that will determine whether it will uptrend or downtrend within the XRP Network. The technical indicators, such as the MACD and RSI, indicate an ever-healthy bulge while the $2.10 support zone and the bullish trend line provided base-level support for further upward moves. Analysts’ expectations show that future growth is high; for example, Standard Chartered has to predict $5.50 by late 2025 and $12.50 by the time that comes around 2028, thanks to legal clarity brought by Ripple’s shape and also willingness for these overseas payments. Failing to breach the threshold would mean a sharp drop towards $2.00 or possibly lower.

The post Why $2.20 XRP Breakout Could Trigger a 500% XRP Price Surge? appeared first on Coinfomania.

1d ago
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