The post XRP price prediction – Why $2.77 is the key level for a bullish reversal appeared on BitcoinEthereumNews.com.

Key Takeaways Is the momentum of XRP shifting bullishly? In the short-term, it appears so. However, swing traders shouldn’t immediately go long, since the $2.5-$2.7 is a notable resistance zone on the price charts. What is the long-term XRP price prediction? A rally past the psychological $3 round number resistance would show bullish strength. From there, a move to $4 or $4.7 would be possible, according to Fibonacci extension levels. The selling pressure behind Ripple [XRP] has been weakening. However, the price was still stuck beneath the $2.5-$2.77 resistance zone. This area represented an imbalance left behind on the 1-day timeframe charts, as pointed out in an earlier report. The $1 billion Ripple raised through a Special Purpose Acquisition Company (SPAC), with funds set to be used to accumulate XRP,  was a sign of XRP nearing an inflection point in the Digital Asset Treasury (DAT) race. XRP price prediction remains bearish unless key resistances are overcome Source: XRP/USDT on TradingView On the 1-day timeframe, the imbalance up to $2.77 and the supply zone above at $3 were the two key resistances. The XRP bulls were not in control of the market yet. The structure remained bearish, and the OBV showed neither buyers nor sellers have been overwhelmingly strong. The OBV was a strong clue for the next price trend. A move beyond the levels marked on the OBV would be the first clue of a real breakout. Until then, the bearish structure will hold sway. The moving averages and the RSI both signaled bearish momentum for XRP on the daily timeframe. A rally past $2.69, the local high, and the $2.77 imbalance, would be a reliable bullish sign. Source: XRP/USDT on TradingView On the 4-hour chart, the price action showed a bullish character change with a move beyond $2.46, a…

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Filed under: News - @ October 21, 2025 7:20 am