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Cryptocurrency News Articles
XRP Price Prediction 2024-2025: Golden Cross Signals Potential Breakout to $3
Apr 19, 2025 at 07:59 pm
The XRP Price dropped by 16.4% over the last 30 days, with a 1.9% decline in the past 14 days. However, an XRP Golden Cross on the daily chart signals a potential XRP price breakout.
The price of XRP dropped by 14.4% over the last 30 days, with a 1.9% decline in the past 14 days. However, an XRP Golden Cross on the daily chart signals a potential breakout of the XRP price.
With increasing institutional interest in Asia, XRP price prediction suggests it could soon return to $3.
2024 proved to be a strong year for the XRP price, with a remarkable 235.7% increase. The market surged by 240.1% in Q4 alone, largely influenced by the shift in the US political landscape following Donald Trump’s win.
However, in 2025, XRP price faced a 29.3% drop in February and a 2.52% dip in March. Despite these setbacks, January 2025 saw a 46% rise, with XRP price touching a peak of $3.4028.
XRP Golden Cross: XRP Price Breakout Ahead?
The XRP Golden Cross formation on the daily chart is attracting significant attention. A Golden Cross occurs when a short-term moving average crosses above a long-term moving average, indicating bullish potential in a chart pattern analysis. While moving averages can sometimes give false signals, this pattern suggests that XRP price prediction could be gearing up for a breakout.
As seen in the chart above, the 20-day exponential moving average (EMA) has crossed above the 50-day EMA. This usually occurs during an uptrend, signaling that bulls are in control and could push for higher prices.
Currently priced at $2.09, XRP price is facing resistance at $2.60. If the XRP Golden Cross holds, it could push XRP above this resistance level, potentially moving towards the $3 range. This aligns with XRP price prediction for a bullish breakout.
XRP price is now at a crucial point. The $2.60 resistance level will be closely observed by traders. If this is breached, a breakout towards $3 could be in play, confirming the XRP price prediction for upward movement.
Moreover, keep an eye on the continued influence of the Golden Cross and institutional support as they could be driving factors for the next leg of the XRP price trend.
FAQs
Will XRP price return to $3?
Yes, if XRP breaks the $2.60 resistance, analysts predict a potential return to the $3 level, backed by technical and institutional factors.
What will be the highest price of XRP in 2025?
The XRP price could reach a maximum of $5.81 by the end of 2025.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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