What’s Next For XRP Price Amid These Bullish Patterns
The post What’s Next For XRP Price Amid These Bullish Patterns appeared on BitcoinEthereumNews.com.
XRP price could rally to $30 if it consolidates through 2025, as Ichimoku Cloud shows Ripple faces strong BTC resistance near 5200 sats, according to analysts. A new Ichimoku Cloud analysis shows that Ripple (XRP) price could reach $30 if it breaks resistance levels on its Bitcoin pair in late 2025. The current chart structure suggests a period of consolidation is necessary to reset momentum indicators. Meanwhile, Gemini has listed Ripple’s RLUSD stablecoin, expanding its market reach. Analysts caution that XRP price may face rejection at 5200 satoshis unless it delays breakout attempts until later in the year. Analysts are also tracking broader altcoin trends, with some forecasting a major rally in April 2025. Ichimoku Cloud Charts Reveal Two Possible XRP Price Paths Market analyst Dr. Cat shared an in-depth Ichimoku Cloud analysis focused on the XRP/BTC pair. On the 3-month chart, XRP price faces dense resistance formed by the Kijun Sen and a bearish TK gap. These indicators suggest a strong price ceiling that the altcoin must overcome to sustain a bullish trend. Source: X The Tenkan Sen sits well below the Kijun, showing bearish momentum. Additionally, the Chikou Span, which lags price by 26 periods, is positioned below historical candles. This alignment signals that XRP price is still trading under multiple layers of resistance, which may limit near-term upside. Ripple Needs Time to Consolidate or Risks Rejection at $6 The aforementioned analyst warns that XRP may face a 90% probability of rejection if it attempts to break past 5200 satoshis too early, particularly in May or June 2025. This level, equating to roughly $6 per XRP at current BTC prices, could act as a local top unless longer-term consolidation plays out. Source: X On the 1-month Ichimoku chart, XRP price is within a thick cloud that also serves…
Filed under: News - @ May 8, 2025 9:26 pm