XRP price jumps sharply, ready to break $2.25 for the next big rally!

Updated

April 24, 2025

Gambar XRP price jumps sharply, ready to break $2.25 for the next big rally!

Jakarta, Pintu News – The opening price of Ripple showed a significant increase by surpassing the $2,150 zone. Currently, the price is consolidating above $2.20 and has the potential to break the $2,250 resistance.

XRP Price Strengthening

Ripple (XRP) started a recovery wave by breaking the $2.0650 and $2.10 resistance levels, similar to Bitcoin and Ethereum . The price managed to surpass the $2.120 and $2.150 levels, indicating a decent upside. The bulls managed to push the price close to $2,250 before the bears took over.

The price peak was recorded at $2.2490 before a downward correction. The price dropped below the support levels of $2.2350 and $2.2220. In fact, the price tested the 23.6% Fibonacci retracement level of the rise from $2.060 to $2.2490.

However, the bulls managed to maintain support at $2.20. Currently, the price is trading above $2,220 and the 100-hour simple moving average. There is also a bullish trend line formed with support at $2.20 on the hourly chart of the XRP/USD pair.

Also Read: Gold or Bitcoin: Which is a Safe Investment Amid US-China Tensions?

Potential Price Increase

On the upside, the price may face resistance near the $2.2450 level. The first major resistance is near the $2,250 level. The next resistance is $2,350. If the price manages to break the $2,350 resistance, it could push the price towards $2,50. A further rise could take the price towards $2,620 or even $2,650 in the short term. The next big hurdle for the bulls might be $2,80.

Possible Downgrade

If Ripple (XRP) fails to break the $2,250 resistance zone, the price could drop again. Initial support on the downside is near the $2.20 level and the trend line. The next major support is near the $2,150 level and the 50% Fibonacci retracement level of the rise from $2,060 to $2,2490. In case of a downside breakout and close below the $2,150 level, the price may continue to decline towards the $2,120 support. The next major support is in the $2,080 zone.

Cover

With strong technical support and positive market momentum, Ripple (XRP) is in a good position to continue its rise. Investors and market watchers should monitor the mentioned support and resistance levels to take informed investment decisions.

Also Read: Polkadot (DOT) Preparing to Surpass Resistance, Is it Time to Buy?

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*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.