Global blockchain supervision and query platform

English
Download

XRP Price Prediction: Can Bulls Push Past $2.10 for Rally to $2.68?

XRP Price Prediction: Can Bulls Push Past $2.10 for Rally to $2.68? WikiBit 2025-04-04 22:27

XRP holds above $2.00 despite pullback, reinforcing key psychological support zone Resistance at $2.10 blocks upside, with $2.15 as the next breakout

Tech

XRP Price Prediction: Can Bulls Push Past $2.10 for Rally to $2.68?

  • XRP holds above $2.00 despite pullback, reinforcing key psychological support zone
  • Resistance at $2.10 blocks upside, with $2.15 as the next breakout target for bulls
  • RSI nearing oversold, suggesting potential bounce if bearish pressure continues to fade

XRP, showed renewed strength following a brief pullback. After dipping slightly below the $2.03 mark, XRP rebounded, breaking into an upward trajectory that touched just above $2.10 before a slight pullback, stabilizing near $2.05 at press time. This recent price behavior suggests potential profit-taking, while the broader technical outlook presents key levels.

The price has held firm above psychological support at $2.00, potentially signaling growing investor confidence. Historical support near $1.95 offers a stronger floor for long-term holders should pressure increase.

Support and Resistance Define Near-Term Path

XRP has recovered from brief dips, holding above immediate support zones. The area between $1.98 and $2.00 has repeatedly absorbed selling pressure, reinforcing it as a key demand zone. The $1.95 level remains a crucial historical support below that.

On the upside, resistance near $2.10 remains the immediate hurdle that halted the latest rally. Additional minor resistance clusters sit around $2.07 and $2.09. If bulls push through the $2.10 mark, the next target appears to be $2.15, a zone with psychological significance and alignment with previous resistance points. The 20-day EMA at $2.22 presents further significant resistance.

Volume Cools, Indicators Remain Bearish

Trading volume dropped noticeably (down 29% over 24 hours to $4.97 billion), reflecting a possible cooldown phase as investors reassess direction. The volume-to-market-cap ratio sits at 4.17%, indicating moderate but slowing interest.

The Relative Strength Index (RSI) near 37.80 remains in bearish territory, although nearing the 30-mark associated with oversold conditions, which could potentially prompt a price bounce if selling pressure eases. The MACD indicator also stays negative, confirming lingering bearish momentum despite the recent rebound.

Price Forecasts Eye Volatility, Potential Upside

Analyst Egrag Crypto offered a projection suggesting significant volatility for XRP through April, potentially revisiting lows of $1.90–$1.79 before testing highs between $2.80–$3.00. Egrag anticipates a strong upside move (62–70%) following any potential final dip, suggesting the current “boredom phase” could precede a final blastoff.

Despite mixed short-term indicators, Coincodex projections suggest a possible rise to $2.68 by years end, reflecting a potential gain of over 31% from current levels. Achieving this target would depend on overcoming near-term resistance and broader market conditions.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

  • Crypto token price conversion
  • Exchange rate conversion
  • Calculation for foreign exchange purchasing
/
PC(S)
Current Rate
Available

0.00