Can Ripple Surge to $2.50 This Week?
The post Can Ripple Surge to $2.50 This Week? appeared on BitcoinEthereumNews.com.
XRP Price Outlook: Performance and Momentum Shifts XRP is currently trading at $2.26, marking a 4.36% increase on the day. Over the past six months, however, it’s still down by 11.84%, reflecting a broader cooling-off period after its explosive 2024 performance. Yet, the 361% gain over the past year highlights the token’s strong macro trend—and it may be gearing up for another breakout. XRP/USD chart – TradingView Across shorter timeframes: 1-day: +4.47% 1-week: -0.19% 1-month: -4.92% Year to date: +8.88% This data suggests XRP is trying to flip momentum from neutral to bullish—especially after holding the $2.10 support zone for the third time this month. XRP Technical Analysis: Setup Playing Out Perfectly In our previous analysis, we highlighted a classic ascending triangle pattern forming above the key support at $2.10. That setup just confirmed a breakout. XRP/USD 2-hours chart – TradingView As seen in the chart above: XRP broke above the triangle resistance and also reclaimed the 200 EMA ($2.21)—a major trend filter on the 2H chart. Three confirmed higher lows since early June strengthened the bullish bias. RSI is pushing into overbought territory (75.79), indicating strong momentum—but also cautioning of potential short pullbacks before continuation. The breakout above $2.25 opens up space toward $2.30 next, which is the immediate resistance. If bulls maintain control and broader market sentiment improves, $2.50 becomes a valid short-term target within the next 5–7 days. XRP Price Prediction: $2.50 in Sight? Given the current breakout structure, reclaimed EMA, and strengthening market tailwinds (including BTC recovery), XRP is well-positioned to target: Short-term resistance: $2.30 Upside target (next 7 days): $2.50 Key support to hold: $2.10 As long as XRP holds above the 200 EMA and maintains higher lows, the bullish thesis remains intact. $XRP, $Ripple Source: https://cryptoticker.io/en/xrp-price-prediction-can-ripple-surge-to-dollar250-this-week/
Filed under: News - @ June 16, 2025 3:28 pm