Can XRP Price Ride the Federal Reserve Wave to Break the $2.30 Resistance?

XRP is at a critical point because it has remained in a vital support region that approaches the $2.15 area. 70% of market participants follow the 100-hour Simple Moving Average (SMA) to determine which direction XRP might take in the short term after a critical market movement. The upcoming periods will shape Ripple’s direction because traders analyze higher barriers to resistance and possible support levels below.

Federal Reserve Withdraws Crypto Guidelines – How High Can XRP Price Go?

The XRP price is exchanging hands around the $2.18 mark, indicating a slight $0.12% drop in the past 24 hours. The essential support at $2.15 matches precisely with the 100-hour Simple Moving Average (SMA). The moving average has proven throughout its historical development to launch upward price changes accompanied by positive market sentiment and favorable fundamental aspects. XRP reached its peak at $2.30 before facing rejection and subsequently entered a downward movement. Bullish action exists now while price approaches the $2.15 support level. 

The 100 SMA frequently acts as a short-term indicator of market trend strength and would provide bullish upward momentum when buying demand successfully establishes itself. The 100 SMA serves as a primary alert area for traders ready to buy into XRP before it demonstrates renewed strength for new market entry. A successful bounce would initiate new upward targets at $2.23, followed by $2.30.

BREAKING: The Federal Reserve withdraws crypto guidance for banks.

The New Financial System Is Getting Ready! #XRP pic.twitter.com/U2uL0VXrym

— JackTheRippler © (@RippleXrpie) April 24, 2025

Recent developments show that the Federal Reserve has withdrawn its crypto guidance for banks. This is a major bullish outlook for cross-border payment tokens, XRP, as a breath of change is sweeping through the market. The Federal Reserve’s recent move signals the emergence of a new financial system, which XRP token leads as the leading force. 

What Are the Immediate Resistance and Support Zones for XRP?

XRP operates within strong resistance areas while its support areas become progressively weaker. The initial resistance point for this asset exists close to the $2.20 price area. After $2.23 and before the most recent price peak at $2.30, there are additional strong barriers for XRP. A successful upward breach of this level presents the opportunity for XRP to reach $2.35 and possibly extend even higher to $2.50.

The primary XRP support level is $2.15, while secondary positions are $2.10 and $2.065. Failure to maintain support above $2.15 will trigger an extended downtrend for XRP, as investors may seek lower levels if market sentiment worsens.

Chart 1- XRP/USD 1-hour chart, provided by Aayush, published on TradingView, April 25, 2025

The technical elements create an area of conflict where traders must operate. The bearish outcome for XRP requires the price to stay above the 100 SMA, and this strength will enable the bulls to maintain control of the market. Conversely, bearish sentiment will intensify as XRP falls below $2.10 and could push prices downward.

What Do XRP Technical Indicators Suggest?

Current XRP technical indicators display conflicting signals for the short term. The hourly MACD indicator weakens its strength in the bullish area, suggesting bearish trend crossovers unless XRP maintains strong momentum. Buyers anticipating recovery should be cautious since this serves as a warning signal.

The RSI is currently slightly above 50. In this price area, traders demonstrate hesitation because they position between overbought and oversold areas, yet fail to fall into one category. The downward movement of the RSI below 50 would confirm a short-term bearish trend, which could drive XRP towards its base support level.

The XRP bullish outlook requires a balanced or upward-moving RSI reading and no bearish signals from the MACD crossover. The next directional clues will become clearer when price actions match 100 SMA signals.

Is a Rally to $2.30 on the Horizon?

The XRP price movement depends heavily on the performance of its 100-hour Simple Moving Average, which might serve as support for future bullish activity. Rising from this support area might attract new market buyers, propelling the XRP price toward $2.30 and above. A decrease below the $2.15 support would probably initiate a more extended downward correction, boosting short-term bearish sentiment.

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