Sunday, June 8, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • Learn
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • Learn
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

XRP Price Jumps 16.66% Surpassing USDT: Is a Rally to $5.00 Next?

Veronicah Peninah by Veronicah Peninah
March 3, 2025
in Binance Feed, Market
Reading Time: 4 mins read
XRP Price Jumps 16.66% Surpassing USDT Is a Rally to $5.00 Next
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • XRP gained 16.66% in 24 hours, surpassing USDT in market rankings amid bullish sentiment and regulatory optimism.
  • XRP is testing a long-term descending resistance; a confirmed breakout could push prices toward $4.20-$5.00.
  • MACD shows decreasing bearish pressure, while RSI at 56.07 suggests room for further upside if buying pressure sustains.

The crypto market expanded quickly after President Trump showed his support toward creating a U.S. Crypto Strategic Reserve. The past 24 hours brought a high rate of growth to XRP as its price climbed to $2.66 with a 16.66% increase. The swift market increase brought XRP to its position as the number three cryptocurrency surpassing USDT in trading volumes. The price has fluctuated between $2.23 and $2.96, indicating strong volatility. 

Source:CoinmarketCap

Related articles

Pi Coin Price Prediction for June 8 2025 AI, Validator Concerns, and Price Pressure

Pi Coin Price Prediction for June 8 2025: AI, Validator Concerns, and Price Pressure

June 7, 2025
After Falling Below $3.28T Without Stablecoins, Where Is the Crypto Market Headed

After Falling Below $3.28T Without Stablecoins, Where Is the Crypto Market Headed?

June 7, 2025

Market participants display a bullish attitude which reveals both increasing demand from investors together with positive regulatory actions. The market capitalization of XRP currently stands at $161.19B while its XRP 24-hour trading volume exceeds $34.50B with market dominance reaching 5.18%. XRP maintains 58B XRP circulating coins from its total maximum allocation of 100.00B XRP.

XRP Key Levels in Focus Amid Breakout Attempt

Analyst World of Charts suggest that XRP is forming a strong bullish breakout attempt from a descending trendline resistance, suggesting a potential trend reversal.Analysis shows a long-term descending resistance line from previous highs, which XRP is now testing. If the breakout is confirmed with sustained buying pressure, it could lead to a strong rally towards the $4.00-$5.00 range in the coming weeks. 

$Xrp #Xrp Shows Strength So Far As Compared To Other Alts After Trump's Announcement Expecting Bullish Pennant Breakout Successful Breakout Can Send It Towards 5$ In Coming Weeks. pic.twitter.com/iACRusSNwl

— World Of Charts (@WorldOfCharts1) March 2, 2025

The measured move suggests a potential 60.36% upside, with an estimated target near $4.20 in the short term. The horizontal support around $2.00 has acted as a strong base, preventing further downside. If XRP fails to hold above the descending trendline and faces rejection, it may retrace towards $2.20 or lower. 

XRP Indicators Show Mixed to Bullish Momentum

The MACD line shows mixed momentum, with the histogram indicating a recent decrease in bearish pressure as the blue MACD line attempts to stabilize near the signal line. If bullish momentum strengthens, it could support a breakout. 

Source:Trading View

The RSI  is currently at 56.07, suggesting a neutral to slightly bullish sentiment, hovering above the 50 level. This implies that XRP is in a neutral zone, allowing room for further upside if buying pressure increases. Thus, XRP’s bullish momentum remains strong, but confirmation above resistance is crucial.

Tags: Price AnalysisRipple (XRP) News

Related Posts

Pi Coin Price Prediction for June 8 2025 AI, Validator Concerns, and Price Pressure

Pi Coin Price Prediction for June 8 2025: AI, Validator Concerns, and Price Pressure

by Munene Timothy
June 7, 2025

Pi Core Team may shift to AI for KYC, leading to validator unrest over unpaid rewards and diminishing human roles....

After Falling Below $3.28T Without Stablecoins, Where Is the Crypto Market Headed

After Falling Below $3.28T Without Stablecoins, Where Is the Crypto Market Headed?

by Veronicah Peninah
June 7, 2025

The drop in crypto prices caused the market cap, minus stablecoins, to fall below $3.28 trillion after $827M in liquidations....

Ripple vs. SEC Settlement Deadline Nears as Regulatory Stakes Rise

Ripple vs. SEC: Settlement Deadline Nears as Regulatory Stakes Rise

by Irene Mukiri
June 7, 2025

SEC’s June 16 deadline could determine the future regulatory status of XRP. Ripple case expected to dominate SEC’s June 9...

Ripple Moves 230M XRP, Market Reacts with Bullish Signals Ahead of June 8

Ripple Moves 230M XRP, Market Reacts with Bullish Signals Ahead of June 8

by Jonathan Carls
June 7, 2025

Ripple’s 230M XRP transfer sparks market speculation amid cautious optimism. XRP shows bullish signs with higher lows, but volume decline...

POL Price Prediction for June 2025 Key Levels to Watch

POL Price Prediction for June 2025: Key Levels to Watch

by Munene Timothy
June 7, 2025

POL gains by 5.85% in 24 hours, outpacing the market; RSI at 46.56 and MACD narrowing signal a potential trend...

Load More

Recent News

  • Pi Coin Price Prediction for June 8 2025: AI, Validator Concerns, and Price Pressure
  • After Falling Below $3.28T Without Stablecoins, Where Is the Crypto Market Headed?
  • Ripple vs. SEC: Settlement Deadline Nears as Regulatory Stakes Rise
  • Ripple Moves 230M XRP, Market Reacts with Bullish Signals Ahead of June 8
  • POL Price Prediction for June 2025: Key Levels to Watch

Popular News

  • Shiba Inu (SHIB) Price Prediction

    Shiba Inu (SHIB) Price Prediction for May 18: Recovery Pause or Breakdown Ahead?

    193 shares
    Share 77 Tweet 48
  • Altcoins Slide as RIO Crashes 9% and XLM Holds Steady Amid $721M Liquidation

    193 shares
    Share 77 Tweet 48
  • Tariff Turmoil Boosts BTC as Traders Spot Early Signs of Buyer Comeback

    195 shares
    Share 78 Tweet 49
  • SUI Holds Strong After $220 Million Cetus Exploit, Eyes New Highs with Rapid Expansion

    191 shares
    Share 76 Tweet 48
  • Bitcoin Surges Past $107K as Altcoins and DeFi Sentiment Intensify Across Crypto Market

    191 shares
    Share 76 Tweet 48

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

Pi Coin Price Prediction for June 8 2025 AI, Validator Concerns, and Price Pressure
Pi Coin Price Prediction for June 8 2025: AI, Validator Concerns, and Price Pressure
June 7, 2025
After Falling Below $3.28T Without Stablecoins, Where Is the Crypto Market Headed
After Falling Below $3.28T Without Stablecoins, Where Is the Crypto Market Headed?
June 7, 2025
Ripple vs. SEC Settlement Deadline Nears as Regulatory Stakes Rise
Ripple vs. SEC: Settlement Deadline Nears as Regulatory Stakes Rise
June 7, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • Learn
  • About
  • Contact