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The XRP price prediction shows that XRP is showing signs of bullish momentum as it trades above key moving averages and approaches the upper boundary of a descending channel.
XRP Prediction Data:
- XRP price now – $2.10
- XRP market cap – $123.24 billion
- XRP circulating supply – 58.39 billion
- XRP total supply – 99.98 billion
- XRP Coinmarketcap ranking – #4
It’s often said that being early to a crypto project can lead to massive gains, and XRP is a great example of that. Since reaching its all-time low of just $0.002802 on July 7, 2014, XRP has skyrocketed by an astonishing +74,383.65%. While its current price hovers between $2.06 and $2.14 over the past 24 hours, it’s still down about 45% from its all-time high of $3.84 back in January 2018. This dramatic growth from its early days highlights just how rewarding early participation in promising crypto projects can be.
XRP/USD Market
Key Levels:
Resistance levels: $2.60, $2.70, $2.80
Support levels: $1.60, $1.50, $1.40
XRP/USD is currently trading slightly above the 9-day and 21-day moving averages as the coin attempts to gain bullish traction. The price action remains within a descending channel, with today’s move hinting at a possible shift in momentum. Although the market has been on a downward trend over the past few weeks, XRP’s ability to stay above these key moving averages signals growing buying interest and a potential bullish breakout on the horizon.
XRP Price Prediction: Will XRP Break Out of the Channel Soon?
At the time of writing, the XRP price is approaching the upper boundary of the descending channel. A successful break above this trendline could open the door for the bulls to challenge higher resistance levels at $2.60, $2.70, and $2.80. The moving averages are currently converging, which may indicate that a larger price movement is imminent. A close above the $2.10 zone and the upper channel resistance would be a strong bullish confirmation, possibly sparking a new upward trend.
Will XRP Pullback Now?
However, if XRP faces rejection at the channel resistance, a pullback may occur, dragging the price back to retest the lower boundary. The first support level to watch is $1.60, followed by $1.50 and $1.40. A breakdown below the channel support could intensify selling pressure and extend the bearish trend. On the flip side, with the 9-day MA attempting to cross above the 21-day MA, the technical structure remains cautiously optimistic for the bulls in the near term.
XRP/BTC Bears Pressure Key Support as Momentum Fades
The daily chart for XRP/BTC shows the pair gradually weakening as it approaches a critical horizontal support around the 2395 SAT level. Price action is trending below both the 9-day (2464 SAT) and 21-day (2469 SAT) moving averages, signaling sustained bearish momentum. Multiple attempts to break above the 21-day MA have failed, and the declining volume adds to the lack of buying conviction. The consolidation between 1900 SAT and 2900 SAT is forming a tightening range, but the recent bearish candles suggest sellers are gaining the upper hand.
If XRP breaks below the 2395 SAT threshold, the next target could be the stronger support at 1900 SAT, potentially triggering further downside. On the flip side, any bullish rebound would need to clear both short-term moving averages to challenge the overhead resistance near 2900 SAT. As it stands, market sentiment remains cautiously bearish, and traders may watch closely for a decisive move outside of this narrowing channel to determine the next major direction.
Meanwhile, @Xaif_Crypto recently shared on X (formerly Twitter) that a bullish breakout for $XRP could be on the horizon, with bulls targeting the $2.60 mark, suggesting that just one strong move might ignite a significant short squeeze. 📈👊🚀
$XRP/ Bullish Breakout Imminent? 📈
XRP bulls eye $2.60 – One move can trigger a major squeeze 👊🚀 pic.twitter.com/yW53dVuHBp
— 𝕏aif🇮🇳|🇺🇸 (@Xaif_Crypto) April 21, 2025
Alternatives XRP
The XRP/USD market is displaying bullish momentum, with the price currently trading above both the 9-day and 21-day moving averages and edging closer to the upper boundary of its descending channel, hinting at a potential breakout and trend reversal. As the market eyes further upward movement, investors have more reasons to watch XRP closely, especially with its availability on the rapidly growing Best Wallet platform. Unlike legacy wallets such as Trust Wallet and MetaMask, Best Wallet offers a user-friendly experience, simplifying crypto storage and investment while also providing access to early-stage token opportunities through its built-in launchpad. Notably, Best Wallet has already raised over $11.7 million in its presale, further solidifying its position as a go-to platform for emerging crypto assets like XRP.
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Related News
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