XRP Price Pumps Again: Can It Break Key Resistance Soon?

XRP has Gained More Than 20% in the Last 24 hours, Reaching Above $3.60
XRP Price Pumps Again: Can It Break Key Resistance Soon?
Written By:
Pradeep Sharma
Reviewed By:
Shovan Roy
Published on

XRP, the cryptocurrency associated with Ripple Labs, has surged once again, catching attention across the global crypto market. Its price recently touched $3.60, the highest level seen since early 2018. This sudden rise has raised a big question: Can XRP  price break through its next major resistance level and continue moving upward?

This article examines the latest XRP price prediction, reasons behind the rally, technical indicators, and what could happen next.

Current Price Action and Technical Indicators

XRP has gained more than 20% in the last 24 hours, reaching above $3.60. This level is very significant because it has acted as a strong resistance in the past. The zone between $3.60 and $3.66 is considered a crucial point. If XRP manages to break and hold above this zone with strong buying volume, it could quickly head toward $3.80 or even $4.00.

Technical indicators are currently bullish:

Moving Averages show that XRP price is in a strong uptrend. It is trading above its 100-hour simple moving average and all major exponential moving averages.

Golden Cross has appeared on the daily chart. This happens when the short-term moving average crosses above a long-term moving average, which usually signals more upside.

RSI (Relative Strength Index) is above 80, meaning the asset is currently overbought. While this indicates strong momentum, it also suggests that a short-term pullback or sideways movement could occur before the next leg up.

Overall, the price action suggests that XRP is in a bullish phase. However, breaking through the $3.66 resistance will be key to any further rally.

What’s Fueling the XRP Rally?

Several important factors have pushed XRP’s price higher in recent days:

Launch of XRP ETF

A major boost came from the launch of a new exchange-traded fund (ETF) dedicated to XRP. The ETF allows investors to buy XRP in traditional markets without needing to deal with cryptocurrency exchanges. This has attracted large institutional investors who prefer safer and more regulated investment options.

The launch has seen strong inflows and large volumes. Many investors started buying XRP in anticipation of this development, increasing the demand and driving up the price.

Regulatory Clarity

Ripple, the company behind XRP, was previously involved in a legal case with the US Securities and Exchange Commission (SEC). The case centered around whether XRP should be considered a security. 

Recently, Ripple Labs announced it would no longer appeal the case. This decision ended years of uncertainty and gave clarity to investors, especially institutional ones, who had been waiting for a clear legal status before entering the market.

This legal win has significantly improved investor confidence, leading to more interest and bigger investments in XRP.

Broader Crypto Market Rally

XRP’s rally is also supported by strong performance in the overall crypto market. Bitcoin, Ethereum, and several other cryptocurrencies have been rising sharply in recent weeks. Many crypto ETFs have launched, and the market is seeing more mainstream acceptance. 

As investor confidence grows in the larger market, alternative coins like XRP are also seeing gains.

Also Read - Will XRP Reach $50 in 2025? Key Factors to Watch

Possible Scenarios Ahead

The future of XRP price in the short term depends on how it behaves around the key resistance zone at $3.60–$3.66.

Bullish Scenario

If XRP breaks above $3.66 with strong volume and buying interest, the next targets could be:

$3.80

$4.00

$4.50

Some analysts have even projected a rise to $4.47 in the next few months. Such a rally would be supported by increased institutional buying, strong ETF inflows, and broader market momentum.

Neutral Scenario

If XRP fails to break above the resistance but holds above $3.45, it may enter a period of sideways trading. In this case, the price would likely move between $3.30 and $3.60. This would allow the market to cool down and give traders time to accumulate more XRP at stable levels before another attempt at a breakout.

Bearish Scenario

If XRP falls below $3.45 support, it could retrace toward lower levels such as $3.30 or even $3.00. In extreme cases, profit-taking by big investors or a sudden dip in the overall crypto market could push the price down to $2.85.

What Analysts Are Predicting

Many market experts remain optimistic about XRP price prediction:

Some predict that XRP could reach $4.50 in the coming months if the current momentum continues.

Others see XRP ending 2025 at around $5.50, with a long-term potential to hit $12 or more in the next 5 to 10 years.

Targets like $3.80 and $4.00 are likely in the short term, especially if XRP can stay above the $3.30–$3.45 support zone.

The general belief is that if XRP can break its previous all-time high of $3.84, the next phase of growth could be very strong.

Risks and Warning Signs

While the outlook is positive, there are still some risks that could impact XRP price prediction:

Overbought Conditions: With RSI levels above 80, the asset is in the overbought zone. A short-term correction is possible, which could cause panic selling or delay further gains.

Profit Taking: Many early investors may choose to sell at current high prices, creating pressure on the price and leading to a temporary drop.

Strong Resistance Levels: Levels near $3.66 and the all-time high of $3.84 may take multiple attempts to break. These levels are likely to create high volatility.

Market Uncertainty: Any negative news in the overall financial markets or regulatory issues can affect the entire crypto space, including XRP price.

Also Read - XRP Price Prediction: Will ETF Hype Propel XRP to $9?

Long-Term Outlook

In the long term, XRP remains one of the most widely used cryptocurrencies in cross-border payments and financial services. Ripple’s focus on working with financial institutions and central banks gives XRP a strong use case beyond just trading.

With growing interest from institutional investors, regulatory clarity, and broader adoption, XRP is positioned well for future growth. The recent ETF launch marks a major step toward mainstream integration. If XRP breaks its past highs and stays above key resistance levels, it could enter a new growth phase with targets of $5.00 and beyond.

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