Ripple (XRP) Price Prediction March 8, 2025: Could it Jump to 95,600 IDR? This is the Analysis!

Updated

March 7, 2025

Gambar Ripple (XRP) Price Prediction March 8, 2025: Could it Jump to 95,600 IDR? This is the Analysis!

Jakarta, Pintu News—The Ripple price has caught the attention of investors again after crypto analyst Dark Defender made a strong bullish projection.

According to him, XRP has managed to break a major resistance level on the 4-hour chart, signaling that the asset may be preparing for a major price surge.

However, in order to continue the uptrend, XRP needs to break the key level of $3.30 (50,958 IDR). If this happens, XRP could potentially head towards $5.85 (95,600 IDR) in the near future.

Check out the full analysis here!

XRP Breaks Resistance, Is a Big Spike on the Way?

Hi all, $XRP broke the 4-hour resistance.
3.3999 must be broken, and the RSI has the Golden Cross, which is Bullish. Thus, XRP will soon be ready to proceed to an all-time high.

Supports: $2.22,
Resistances: $3.3999, $5.85

Enjoy! pic.twitter.com/1BFS4B6TqP
— Dark Defender (@DefendDark) March 6, 2025

XRP has experienced considerable price fluctuations in recent weeks, but technical signals suggest that a bullish trend is taking shape.

Dark Defender highlights that XRP has managed to break the resistance level on the 4-hour chart, which signals that buying momentum is picking up.

However, to sustain this uptrend, XRP needs to stay above $2.22 (36,276 IDR). If the price breaks the key resistance at $3.30, the chances of reaching $5.85 (95,600 IDR) will increase.

This level has previously been an important psychological boundary for XRP, and if it is successfully crossed, the possibility of a rally to higher levels becomes stronger.

Also read: Charles Hoskinson Surprised, Didn’t Know US Crypto Reserves Announced by Trump!

Golden Cross Indicator Strengthens Bullish Signal

In addition to breaking resistance, technical indicators also give positive signals for XRP’s price movement. One important indicator is the Relative Strength Index (RSI), which formed a Golden Cross, a pattern showing that buyers are starting to take control of the market.

A golden cross is often considered a strong signal that the price is going to rise further. If this trend continues, XRP could quickly reach the $5.85 level or even higher, especially if trading volumes continue to increase.

Inflows to Exchanges Could Hinder Price Rise

While many positive factors support XRP’s price rise, risks could slow down this bullish momentum. One of the main factors is an increase in XRP inflows to exchanges, which could indicate that investors are preparing to sell their assets.

Data from Coinglass shows that in the past few days, more than $13 million (213.3 billion IDR) of XRP has been deposited into exchanges.

If the sell-off increases, this could limit XRP’s price gains in the near future. Additionally, the Open Interest (OI)-Weighted Funding Rate fell from 0.0103% to -0.0022%, indicating increased selling pressure in the market.

Conclusion

Currently, XRP is in an important phase. The $3.30 level will determine whether the price can continue to rise or experience a correction. With bullish signals from the Golden Cross and a strengthening RSI, the opportunity to reach $5.85 is still open.

However, investors also need to be wary of potential sell-offs due to increased exchange inflows. If selling pressure increases, XRP could drop to $2.22 or even lower.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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