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XRP Price Bounces Off Major Resistance, Here’s How High XRP Can Go If Support Holds

by Scott Matherson
May 11, 2025
in Cryptocurrency
Reading Time: 3 mins read
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Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure

Current value motion previously 24 hours has seen bullish momentum returning to the crypto market, and XRP can also be constructing on this momentum. After struggling to seek out route for the primary few days of Could, the XRP value has now returned to check the $2.25 mark, a resistance that has persistently held since January and is starting to outline XRP’s broader macrostructure. 

This newest value motion comes after a pointy rebound from the $2.08 zone, and reclaiming the following resistance at $2.25 might open the door to a lot increased targets.

$2.25 Resistance Defines The Battle Zone

Regardless of the rally, technical evaluation means that XRP might battle with resistance close to $2.25, or reverse to retest this stage even when there’s a breakout. Worth actions have gotten more and more reactive, and there could possibly be a possible breakout or breakdown, relying on how this stage resolves.

In line with a technical evaluation shared on social media platform X, the $2.25 stage goes to be vital for XRP, provided that the value has now examined this resistance stage a number of instances since early 2025. On the time of the evaluation, the XRP value is exhibiting hesitation below the breakout level on the hourly candlestick timeframe, with intraday wicks repeatedly failing to shut convincingly above $2.249 to $2.273. 

Notably, this stage is clustered with Fibonacci ranges, just like the 0.392 retracement stage from the January 2025 peak, and near the Fibonacci retracement zone at 0.118 (close to $2.27) from the April peak value.

To this point, XRP patrons have held the road after bouncing off $2.077, which aligns with the 0.382 retracement stage. Nonetheless, the relative energy index (RSI) close to 72 exhibits that XRP is approaching overbought situations on the hourly timeframe, which provides one other layer of complexity.

XRP is at the moment buying and selling at $2.37. Chart: TradingView

Though the RSI hasn’t given a definitive reversal sign, the market’s sensitivity round this stage means a rejection might ship the value shortly towards $2.00 and even $1.90, the place the 0.5 and 0.618 retracements lie as marked assist zones.

What Occurs If XRP Reclaims $2.25

The broader construction of XRP is at the moment bullish, with the hourly value chart exhibiting formations of upper lows because the April backside simply above $1.60. Ought to XRP efficiently reclaim and shut above $2.25, the resistance might flip into assist and open up increased targets with little friction forward. The following key stage is round $2.36, which marks the native April prime. A breakout towards that area would sign a powerful continuation of the macro bullish pattern and an eventual return to $2.7 and past.

Curiously, the shopping for quantity surrounding XRP has offered early affirmation of this bullish pattern. On the time of writing, XRP has since damaged above the $2.25 stage on the hourly chart, though it wants to shut above it on the each day timeframe. XRP is at the moment buying and selling at $2.37.

Featured picture from Unsplash, chart from TradingView

Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluate by our workforce of prime expertise specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.



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Tags: bouncesHeresHighHoldsmajorPriceResistancesupportXRP
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