XRP’s Bullish Momentum shows no signs of offsets
The XRP continues its impressive upward course and demonstrates remarkable strength with consistently higher and higher heights. The recent price action shows resilience where buyers entered at each dip, especially during April 12 -wave, as XRP broke over $ 2.07 resistance with $ 240 million. In trade volume.
Market experts are increasingly optimistic about XRP’s future with some projecting goals between $ 10- $ 20 in the coming months. The technical setup seems particularly convincing, where XRP is currently trading within a rising triangle pattern that can trigger a step towards $ 2.40 if $ 2.22 resistance is violated, according to Coindesk Research’s technical analysis data. This comes as the XRP/BTC diagram shows a Bullish Crossover that preceded a 958% rally in 2017.
As XRP now trades about $ 2.00 and shows signs of continued momentum, dealers look close to key resistance levels. The wider recovery of the market provides additional tackle winds for potential additional gains.
Technical analysis highlights
- XRP has shown a remarkable strength and climbing from $ 1.93 to $ 2.24 (a range of 13.7%) over the area of the analyzed period.
- Price action formed a clear increase with higher and higher heights, which established strong support for $ 2.08.
- Volume increased markedly during key outbreaks, especially during April 12 -wave when XRP broke over $ 2.07 resistance with 240 m volume.
- The 48-hour Fibonacci extension suggests potential targets to $ 2.28 and $ 2.35.
- The current consolidation between $ 2.13- $ 2.16 seems to form a bull flag pattern.
- The recent price action shows resilience, where buyers consistently enter by dips, indicating lasting bullish atmosphere.
- In the last 100 minutes, the XRP continued its Bullish Momentum with a remarkable 0.77% gain from $ 2,143 to $ 2,160.
- A significant outbreak occurred at. 10:42 when the price rose through $ 2,153 resistance with elevated volume.
- Price action has formed an increasing channel with support for $ 2,148 and resistance to $ 2,160.
- Volume tips during upward movements confirm the buyer overrun, especially during 11:07 and 11:31 spaces when the volume exceeded 1.4 m and 2.2 m respectively.
- XRP exceeds 13.7% from $ 1.93 to $ 2.24, establishing strong support for $ 2.08 with significant volume backing key outbreaks.
- Technical analysis shows that XRP forms a bull flag pattern with potential targets to $ 2.28 and $ 2.35 based on Fibonacci extensions.
- Crypto analysts Egårk Krypto identifies a rare bullish crossing between the 55-week EMA and 155-week MA, suggesting the potential of massive price growth equivalent to 958% rally after the same signal in 2017.
- XRP jumped 13%, while Coindesk20 – an index for wider digital assets market – rose 8.3%.
Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full AI policy. This article may include information from external sources listed below when appropriate.
External references:
- Times Tabloid, “XRP -Diagram signalizes parabolic wave against $ 70 this timeline,” Released April 12, 2025.
- Times tabloid, “XRP Price Prediction for April 11, 2025,” Published April 11, 2025.
- Times tabloid, “XRP Price Prediction for April 13, 2025,” Published April 13, 2025.
- NewsBTC, “XRP is targeted at $ 19 or $ 45 in possible blow -up peak, predicts the analyst,” Published April 13, 2025.
- COINPEDIA, “XRP PRICE NEXT MOST, ELLIOT WAVE analysis and more,” Published April 12, 2025.