Ripple (XRP) Price Volatility Prediction: Will it Surge or Continue to Fluctuate in April 2025?

Jakarta, Pintu News – Ripple’s XRP->Current XRP PriceRp 0Market Cap-Trading Volume-Circulating Supply- recent price recovery showed an increase above the $2.40 zone. However, after reaching $2.50, the price started to correct and will potentially return to the $2.35 support.

Ripple (XRP) Price Recovery

Ripple (XRP) price found strong support and started a recovery wave above the $2,320 zone, following the footsteps of Bitcoin BTC->Current BTC PriceRp 0Market Cap-Trading Volume-Circulating Supply- and Ethereum ETH->Current ETH PriceRp 0Market Cap-Trading Volume-Circulating Supply-. The price managed to break the $2.40 and $2.420 resistance levels. Market participants were able to push the price past the 50% Fibonacci retracement level of the decline from the $2,580 high to the $2,354 low.

The price even briefly touched the $2.50 resistance, but there was no significant continuation and the price went back down. There was a breakdown below the bullish trend line connected with the support at $2.430 on the hourly chart of the Ripple (XRP)/USD pair. Currently, the price is still above $2.40 and the 100-hour simple moving average.

Also Read: Why is Bitcoin (BTC) Following the 2024 Summer Trend? Check out the Next Prediction!

Potential Barriers and Support

On the upside, Ripple (XRP) prices may face resistance near the $2,450 level. The first major resistance is near the $2,480 level. The next resistance is $2.50 or the 61.8% Fibonacci retracement level of the downward wave from $2.580 to $2.354. If the price manages to cross the $2.50 resistance, it could push the price towards $2,550. A further rise could take the price towards $2,650 or even $2,665 in the short term. The next big hurdle for the buyers could be $2,80.

If Ripple (XRP) fails to break the $2.480 resistance zone, the price could drop again. Initial support on the downside is near the $2.40 level. The next major support is near $2,350. In case of a downward breakout and close below the $2,350 level, the price may continue to decline towards the $2,320 support. The next major support lies near the $2,250 zone.

Technical Indicators

The hourly MACD indicator for Ripple (XRP)/USD is now starting to lose momentum in the bullish zone. Meanwhile, the hourly Relative Strength Index (RSI) for Ripple (XRP)/USD is now below the 50 level. This suggests that there could be more selling pressure emerging. The key support levels are at $2.40 and $2.350, while the key resistance levels are $2.480 and $2.50.

Conclusion

The current price dynamics of Ripple (XRP) suggests that there is potential for further upside if it can break the key resistance. However, if it fails to do so, the price may see a further decline. Investors and traders should monitor technical indicators and support and resistance levels to make informed decisions.

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. XRP Price Consolidates Above $2.40, Why the Rally Isn’t Over Yet. Accessed on March 26, 2025
• Featured Image: Generated by AI