XRP Price Reversal Incoming? Analysts Predict Surge to $6.50 and Beyond

XRP is trading around $2.20 after recording a 2 percent decline in the past 24 hours. Despite this short-term drop, several market analysts believe the token is gearing up for a significant price reversal.

XRP shows initial indications of slowing down its negative cash flow after eight straight days of net outflows. The changing market trends have generated optimism among traders that XRP might enter a new downward phase approaching its bottom point.

Also Read: Ripple CEO Talks About XRP and SWIFT in This Interview – Here’s What He Said

Bullish Chart Patterns Signal Potential Rally Ahead

According to EGRAG Crypto, a well-followed analyst, XRP is now developing a long-term pattern he refers to as the MACRO Channel. The chart suggests that XRP is forming the fifth monthly candle in the structure. If the historical trend within this pattern continues, XRP could rise to $17 in the mid-term. EGRAG has set a personal target of $27, where he plans to take profits as the price climbs gradually.

XRP faces three essential resistance barriers at $2.49, $3.00, and $3.39. Analytical experts predict that XRP will reach these zones after exceeding the descending triangle pattern. Depending on how long strong momentum lasts, successful price movement could reach $6.50 and rise to $6.82.

In addition, another analyst has pointed to a Descending Triangle pattern currently forming on XRP’s daily chart. A bullish crossover emerged in the Relative Strength Index together with this technical pattern after the RSI endured a steep decline starting in late 2024. The upward movement in recent times strengthens analysts’ belief that it demonstrates the return of buying activity from investors.

The market has focused on Saturday, May 10, 2025, as a vital date for analysis. The market experts predict this event to mark the turning point for XRP because it might either prove the breakout scenario or prompt a price downturn. If the asset lacks success in breaking through the $3 range, a possible decline in price to $1.61 would occur.

Market sentiment remains cautious but optimistic as technical signals point to a possible reversal. Traders and investors are watching closely for confirmation of the anticipated Surge.

Also Read: Analyst Tells XRP Holders to Expect Something Big Soon, Says They Are Swimming With the Big Sharks

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