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XRP Holds the Line at $2.50 as Bulls Eye $2.65 for Confirmation

Irene Mukiri by Irene Mukiri
May 13, 2025
in Binance Feed, Market, News, Price Analysis
Reading Time: 4 mins read
XRP Holds the Line at $2.50 as Bulls Eye $2.65 for Confirmation
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  • XRP’s breakout above $2.50 confirms bullish sentiment and targets the $2.65 zone
  • Price must hold $2.50–$2.42 range to maintain momentum toward higher resistance
  • Accumulation continues behind the scenes despite visible outflows since December

XRP has reached a critical milestone in its price trajectory, breaking through the much-anticipated $2.50 mark. This level, identified as Breakout Point #4 by analyst EGRAG CRYPTO, is seen as a pivotal area that could decide the token’s next major move. After hovering below this line for weeks, XRP’s surge past $2.50 confirms the bullish outlook many traders have expected. 

EGRAG CRYPTO, known for his sharp technical analysis, had previously outlined this target as essential for validating XRP’s upward momentum. Additionally, he highlighted $2.65 as the confirmation level that would cement XRP’s move into a more confident bullish phase. Now, the focus shifts to whether XRP can sustain its position above this critical zone.

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Holding the Line: $2.50 as a Pivotal Support

As of press time, XRP trades exactly at $2.50, marking a 3.18% rise in the last 24 hours and 19.27% weekly growth. With a trading volume nearing $9 billion, investor interest remains high. According to EGRAG CRYPTO, it’s now crucial for XRP to stay above $2.50 or at the very least, not drop below $2.42. Should the price fall further, the next macro support lies at $2.20. 

#XRP – Stay Above the Yellow Edge ($2.50)!

I was 100% right about the breakout at $2.50, and I also predicted that $2.65 would serve as a confirmation target — check my post from May 10th for details! 📅✅

Now, what’s crucial is to maintain the price above $2.50, or at worst,… https://t.co/p17K6Op1ll pic.twitter.com/GeixRj0cJK

— EGRAG CRYPTO (@egragcrypto) May 13, 2025

Holding these levels is essential to preserve the current bullish setup. Notably, these support zones have developed over time as XRP’s breakout threshold gradually reduced from previous highs. The latest price action signals increasing market confidence, but any dip below these key supports may lead to short-term bearish pressure.

Technical Indicators Reflect Mild Optimism

The technical landscape supports the bullish sentiment. The MACD shows a bullish crossover, although the momentum is still modest. The MACD line has moved above both the signal line and the baseline.

XRP/USD daily price chart, Source: TradingView

This points to a cautious but growing buying interest. Furthermore, the RSI sits at 64.58, which suggests room for further upside before XRP becomes overbought. This setup presents an encouraging outlook without signaling extreme market euphoria.

Accumulation Behind the Scenes Despite Outflows

Despite recent price increases, netflow data reveals a continued trend of outflows since December. These outflows align with previous price peaks, especially near $3.00 in January and March. 

Source: Coinglass

However, XRP’s ability to climb amid selling pressure hints at underlying accumulation possibly through OTC desks or institutional strategies. This hidden accumulation could explain the resilience in price despite visible outflows.

Tags: Price AnalysisRipple (XRP) News

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