XRP Bulls Charge: Can Ripple Defy the Odds This Week?
Ripple’s XRP faces a make-or-break week as traders brace for volatility. With SEC drama lingering and whale activity spiking, the crypto’s price could swing wildly—either riding the altcoin rally or getting crushed by regulatory FUD.
Technical indicators hint at a bullish wedge forming, but let’s be real: in crypto, TA is just astrology for finance bros. If XRP clears $0.55 resistance, we might see a 15% pump. Fail to hold $0.48? Cue the ’I told you so’ tweets from Bitcoin maxis.
Meanwhile, institutional players are quietly accumulating—because nothing says ’confidence’ like buying the dip while retail panics. Watch for exchange inflows around Wednesday; nothing moves markets like a good old-fashioned whale dump.
XRP Price Predictions to Watch This Week
1. Pullback in Progress
After buyers failed to turn $2.6 into support, sellers took over the price action and pushed XRP into a correction that drove it south by 9% since this time last week.
This has taken the price to the $2.3 support, which appears to hold at the time of this post. If selling intensifies, then the next key support level is found at $2.
2. Momentum Shifts Bearish
The recent reversal has turned the momentum indicators bearish. This can also be seen on the daily volume, which shows multiple days in the past week closing in red. Buyers appear absent, which has encouraged selling that can extend this pullback.
3. MACD Bearish Cross
Three days ago, the daily MACD made a bearish cross. This is a significant change in the momentum and will likely keep XRP bearish in the short to medium term. If so, the support at $2.3 could fall and see the price revisit, or at least approach, $2 again.