{"id":630549,"date":"2025-02-26T13:28:33","date_gmt":"2025-02-26T13:28:33","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=630549"},"modified":"2025-02-26T14:04:30","modified_gmt":"2025-02-26T14:04:30","slug":"xrp-price-prediction-ripple-token-soars-8-but-traders-buy-this-solana-layer-2-for-10x-potential","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/press-releases\/xrp-price-prediction-ripple-token-soars-8-but-traders-buy-this-solana-layer-2-for-10x-potential","title":{"rendered":"XRP Price Prediction: Ripple Token Soars 8%, But Traders Buy This Solana Layer-2 For 10X Potential"},"content":{"rendered":"

The XRP price has soared 8% in the last 24 hours to trade at $2.31 as of 7:00 a.m. EST on a 23% plunge in trading volume to $8.5 billion.<\/p>\n

XRP Price Rebounds On Support Zone – Can Bulls Sustain Momentum?<\/h2>\n

The Ripple token price opened the session at $2.3222, reached a high of $2.3314, and dropped to a low of $2.2634. This decline comes as XRP approaches a critical support zone between $2.00 and $2.30, which has historically acted as a strong demand area, preventing further downside and triggering rallies. If buyers step in at this level, there could be a potential bullish reversal targeting higher resistance levels.<\/p>\n

A closer look at the chart structure shows that XRP recently broke out of a descending triangle pattern, which typically signals bearish continuation. However, instead of a major breakdown, the price has found stability at the support zone. The resistance level around $3.50 remains a key barrier for upward movement. If XRP bounces from support, it might rally back toward this level, potentially testing the recent highs from earlier in the year.<\/p>\n

\"XRPXRPUSD Analysis Source: Tradingview<\/p>\n

The Relative Strength Index (RSI) is currently at 36.83, which suggests that XRP is approaching oversold conditions. The orange signal line at 47.15 indicates that momentum is still weak, but a bullish crossover above 50 could confirm the beginning of an upward trend.<\/p>\n

Additionally, price action near this support zone will be crucial; if XRP fails to hold above $2.00, a breakdown could push prices lower toward the next support at $1.91. XRP is at a pivotal moment, and market participants will determine the next major move.<\/p>\n

If buyers defend the $2.00 – $2.30 support zone, a bullish breakout could send the price toward $3.50 and beyond. On the other hand, failure to hold this level could result in a deeper correction toward $1.91 or lower. Traders should watch for increased buying volume, RSI movement, and price action near the support zone to confirm the next direction.<\/p>\n

Solaxy Presale Heads Toward $24 Million – Best Crypto To Buy Now?<\/h2>\n

As the XRP price picks up momentum, investors are turning their attention to Solaxy (SOLX)<\/a>, a presale token rapidly closing in on the $24 million milestone. With Solana’s native SOL token experiencing a price dip, traders are hunting for fresh opportunities, and Solaxy is emerging as a top contender.<\/p>\n

The project’s innovative scaling solution and strong investor demand position it as a major force in Solana’s ecosystem. Meme coin trading on Pump.fun has flooded the network, leading to congestion, especially after the launch of the TRUMP and MELANIA meme coins.<\/p>\n

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You'll start feeling the vibes when you enter Solaxy 🪐🛸 pic.twitter.com\/jORMaqOjs2<\/a><\/p>\n

— SOLAXY Help Team 𝕏 (@SOLAXYTOKEN_HT) February 16, 2025<\/a><\/p><\/blockquote>\n