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Cryptocurrency News Articles

XRP Price Surged to $2.45 Today, Showing Renewed Strength in a Bullish Market Trend

May 23, 2025 at 07:37 pm

XRP price surged to $2.45 today, showing renewed strength in a bullish market trend. Top market analysts now predict the XRP price could surpass $5 if a 2021 pattern repeats.

The price of XRP has surged to $2.45 on Wednesday, showcasing strength in a bullish market trend.

Now, top cryptocurrency analysts are now predicting that the XRP price could soar to $5 if a 2021 pattern repeats. This comes as XRP has formed a golden cross and Bitcoin reaches a new all-time high.

The post Top analyst predicts XRP price will hit $5 as classic indicator aligns for huge 2021 breakout appeared first on Crypto Insiders.

XRP Price Builds Toward New Highs

A prominent crypto analyst, known as Dark Defender, has pointed out the formation of a golden cross on the XRP weekly RSI chart on November 4, 2024.

This same pattern, identified by the analyst in October, previously heralded a sharp XRP price surge from $0.5029 to $3.388 within a few months.

Based on this signal, Dark Defender has projected a long-term XRP price target of $5.85.

On 4 November, #XRP had a Golden Cross Signal on weekly RSI.

We warned in October.

Today, XRP RSI has produced the same signal after 200 days!

XRP is targeting $3.33 in the short term, and is expected to fire the bullet, which will then likely flatten itself against the $5.85… pic.twitter.com/SthErQvaJE

— Dark Defender (@DefendDark) May 22, 2025

The XRP continues to be supported by whale accumulation and other bullish fundamentals that are pushing the cryptocurrency to rally even further.

Analysts are interpreting the latest golden cross as a strong sign of a breakout similar to the 2021 bull cycle. With the cryptocurrency facing increasing buying pressure, the immediate XRP price target is $3.33, which could clear recent drawdowns.

Similar RSI movements triggered major altcoin rallies in previous bull runs, raising expectations for a rapid XRP price escalation.

CryptoInsiders noted that XRP’s weekly RSI recently crossed key bullish levels, indicating increasing demand for the world’s seventh-largest cryptocurrency. If this trend holds, analysts expect XRP to follow a sharp upward trajectory.

XRP Gains Momentum As Bitcoin Surpasses $109,000

As Bitcoin price rose above the $109,000 mark once again, altcoins, including XRP, have responded positively.

The XRP price has moved between $2.357 and $2.451 before settling at $2.45, showing a gain of over 1.6% within 24 hours.

To put this into perspective, market participants are now seeing this as a potential sign that XRP is entering a price discovery phase.

Bitcoin’s breakout has also ignited the altcoin market anew, setting the stage for assets like XRP to advance.

According to analysts, XRP could now be poised to replicate Bitcoin’s earlier 2021 rally from $27,000 to $74,000 in less time. A credible crypto shared analysis indicates that XRP may follow this upward path even more quickly.

The XRP benefits from the positive sentiment as capital flows back into the altcoin space following Bitcoin’s performance.

If anything, further Bitcoin rallies could propel the XRP price toward previously unreachable levels. The alignment of technical indicators and broader market momentum increases the chances of achieving Dark Defender’s targets.

XRP Price Nears Breakout Despite Key Resistance

Despite the upward trend, XRP remains below its all-time high of $3.841, which it reached during the 2018 bull cycle.

So far, XRP has not managed to break the strong resistance at $3.4, which has held since its last peak. However, bullish analysts maintain that current indicators suggest a stronger breakout is forming.

The XRP would need to surpass this resistance to approach the $5.85 long-term projection. As more analysts align their forecasts with these levels, confidence in this scenario continues to build. Historical RSI-based rallies support the outlook for an extended move beyond previous highs.

Multiple technical signals confirm a bullish reversal so that XRP gains may persist in the weeks ahead. As the market maintains momentum, XRP may soon reclaim its historical highs. Current technical patterns resemble those seen in 2021, reinforcing the bullish case.

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Other articles published on May 24, 2025