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XRP Surge to $2.48-Can It Hit $5 Next?

Veronicah Peninah by Veronicah Peninah
March 20, 2025
in Binance Feed, Market
Reading Time: 3 mins read
XRP Surge to $2.48—Can It Hit $5 Next
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  • A 7.9% increase to $2.48 sparks speculation about further gains or a potential pullback to key support levels.
  • Neutral RSI and a weak MACD suggest consolidation, while a bullish breakout could trigger higher price targets.
  • Several market players are predicting double-digit price movements yet additional traders stand by with an expectation for robust confirmation signals.

XRP has shown notable price movement in recent trading sessions, gaining momentum with a 7.9% increase to $2.48. With a 24-hour range fluctuating between $2.30 and $2.57, market analysts are assessing whether the cryptocurrency is poised for further gains or if a pullback .

The current level has sparked debate among traders, with some hoping for a pullback to key support areas before a stronger upward move. A definitive movement through resistance barriers would open opportunities for increased price ranges but inadequate support may create additional market stabilization.

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XRP at a Crossroads: Price Action & Market Sentiment

CredibleCrypto analysts suggest that XRP’s price action highlights a structured market approach. A previously identified green support zone has been tested, with buyers stepping in to defend the area.The asset’s price will develop positive uptrends when it exceeds the established resistance zone. 

Source:(X)

Market sentiment influences XRP investors to expect the coin will reach multi-digit prices during the upcoming long-term period. The market unpredictability leads traders to maintain an increased level of caution because setups fail to maintain their projected paths. Most investors prefer to wait for a perfect moment to acquire positions.

The continued growth of XRP could lead to resistance testing which might attract strong new market buy signals. Sellers can gain dominance at support zones becoming active accumulation areas for investors.

XRP’s Momentum and Possible Trend Reversal

The  XRP/USDT trading pair shows (RSI) currently at 52.91, suggesting that XRP is in a neutral zone—not overbought or oversold. The MACD indicates weak momentum after a significant price increase followed by market correction during late 2024 and early 2025 while recording MACD line values at 0.0334 and Signal line values at -0.0213 and Histogram at -0.0547.

Source:Trading View

Positive indicators from the MACD histogram signal an upcoming trend shift. Moving ahead, traders ought to monitor both RSI movements above 70 for breakout identification and positive MACD crossover signals for upward momentum validation.

The price movement of XRP stands as the primary trade consideration that traders continuously monitor while analyzing upcoming breakout and retracement patterns.

Tags: Price AnalysisRipple (XRP) News

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