Ripple (XRP) Price Predictions This Week: Will Bulls Break Resistance?
XRP teeters on the edge of a breakout—or another brutal crypto tease. Here’s what traders are watching.
Market mood: cautious optimism
After dodging SEC bullets for years, Ripple’s native token shows uncharacteristic stability. But in crypto-land, that usually means a storm’s brewing.
Key levels to watch
The $0.55 support held last week—barely. Now bulls need to flip $0.62 into a springboard. Fail? Prepare for the usual ‘buy the rumor, sell the news’ circus.
Wildcard factor
Whale wallets are moving. Whether that’s accumulation or exit liquidity depends on who’s holding the bag this week.
Prediction: Either 20% pop or 15% drop—because in crypto, ‘stable’ just means ‘pause between dramas.’ Bonus jab: At least XRP’s volatility beats watching traditional finance count its 0.01% yield ‘wins.’
1. Buyers Rush to XRP
In the past week, the buy volume has exploded, and with it, the price. XRP went from $2.3 to $3 in less than a week, which represents a 30% rally. This is the first time this cryptocurrency is challenging the $3 resistance since March.
2. Critical Resistance Under Pressure
With the price just under $3, XRP is found at a junction. If it breaks this resistance, then it will have a real chance to escape much higher and even make a new all-time high. If it fails, then sellers are likely to return since that will be a sign of weakness. The next few days are critical.
3. Weekly MACD Turns Bullish
In a major development, the weekly MACD turned bullish this week. This hints at a sustained rally in the future despite any pullback at the current resistance. Based on this momentum indicator, the $3 level may eventually fall to allow this cryptocurrency to expand much higher, with key targets at $3.4 and a new all-time high of $3.6.