XRP Price analysis: bullish breakout to $4.15 or pullback to $2.50

By Sajjal Ali - Crypto Journalist
Disclaimer: Cryptocurrencies are a high-risk asset class. This article does not constitute investment advice and is provided for informational purposes only. You could lose all of your capital.
XRP
Cover illustration/art via BTCRead. Image combines content, which may include AI-generated ideas.

 XRP is currently trading at $2.72 after declining 3.26% within the last 24 hours. Volume of exchange, however, spikes with volume up at $7.85 billion, 155.14% higher. XRP holds positions above key levels despite the sell-off with traders waiting for the next move.

Source: CoinMarketCap

 XRP fell by 4.34% in the last week. This is a sign of a market stuck between profit-taking and positivity. Traders are cautious because the level of resistance is still suppressing momentum.

XRP consolidates within triangle pattern

Crypto analyst Richard Fetyko, CEO of altFIN,  spots key signs on the charts. XRP has just popped up above $2.50 and the 200-day moving average, initiating a breakout that catapulted it to a new high of $3.66, rising 40%. That breakout was a solid bull run prior to the recent correction.

Currently, the token is correcting in a triangle formation. Bullish breakout can pull XRP up to $3.66 and possibly $4.15. But if price dips below $2.73, traders can expect a retest of the $2.50 support. The next breakout will determine the mood of following weeks.

Source: X

XRP predictions for 2025

DigitalCoinPrice projects XRP first to reclaim $3.84 and then go after $5.95 within the year. It forecasts the coin to consolidate at $5.72-$5.95 once it establishes a new all-time high. That forecast suggests long-term upside remains intact regardless of recent fluctuations.

Changelly is more conservative. Their technical prognosis puts 2025 levels at $2.43 and $2.75 with an average of nearly $3.07. For September 2025, they are predicting a possible high of $3.07 and low of nearly $2.65 with leeway toward moderate increments with nearly a 11.2% ROI.

Share This Article
Crypto Journalist
Follow:
Sajjal Ali is a freelance writer & editor with 5 years of experience in crypto, tech, and statistical writing. Susan holds a bachelor’s degree in science (BSc).
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *