- XRP nears key resistance at $2.50 as bullish momentum builds across indicators
- MACD and RSI confirm growing strength, signaling potential for further XRP gains
- Breakout above $2.50 could trigger rally toward $2.80 and challenge $3.00 highs
XRP has shown signs of renewed bullish momentum after weeks of sideways trading. The token’s price rose by 2.79% over the last 24 hours. Over the past week, it gained 11.33%. XRP as of press time is valued at $2.42 with a daily trading volume nearing $4 billion. Its market capitalization currently stands at approximately $141.6 billion.
XRP’s upward push places it near a crucial resistance zone. Hence, market participants are closely watching for a decisive breakout. If successful, this breakout could mark the beginning of a broader bullish phase.
XRP Moves Away From Consolidation
After a strong rally from September to December 2024, XRP reached a peak slightly above $3.00. Since then, it entered a prolonged consolidation phase. During this time, the price fluctuated between $1.80 and $2.80.
This range persisted through March and April 2025, with the lower band holding firm as support. Recently, however, the price moved upward again and approached $2.43, testing the upper end of this horizontal channel.
Resistance now lies between $2.45 and $2.50. This zone has limited upward movement several times in 2025. A clear break above this region could open the door toward $2.80, the next major resistance.
If bullish momentum remains, the previous high near $3.00 may come into view again. On the downside, support remains firm at $2.00 and between $1.80 and $1.90, where buyers have previously stepped in.
Technical Indicators Signal a Positive Shift in Market Sentiment
Momentum indicators support the recent price strength. The MACD line has crossed above the signal line. The histogram is also positive, indicating bullish momentum is gaining. Besides, the increasing distance between the MACD lines suggests continued upward pressure in the near term.
Moreover, the RSI stands at 62.76. This reading shows that XRP is gaining strength without entering overbought territory. Hence, there could be room for further price expansion before a pullback.
Outlook for May 13 and Beyond
If XRP can close above $2.50 with rising volume, the bullish thesis may strengthen further. Traders will likely look for a retest of $2.80. However, if resistance holds again, XRP might return to the $2.00–$2.10 zone before regrouping.
