Ripple (XRP) Price Forecast This Week: Bulls Eyeing a Breakout?
XRP traders brace for volatility as Ripple's legal saga takes another twist—price action hangs in the balance.
Key Levels to Watch
The $0.55 support held firm last week, but upside remains capped below the $0.68 resistance zone. Market makers are playing ping-pong while retail waits for direction.
Macro Factors at Play
Fed rate decision minutes drop Wednesday—any hawkish surprises could slam crypto markets. Meanwhile, Ripple's CTO keeps dropping 'big partnership' hints like a bad habit.
Technical Outlook
4-hour charts show tightening Bollinger bands. Either we get a explosive move or another week of soul-crushing consolidation. Place your bets.
Closing Thought
Remember when banks were 'terrified' of Ripple? Now they're all busy launching their own blockchain consortia—because nothing kills innovation like a good old-fashioned banking cartel.
Ripple (XRP) Price Predictions: Analysis
1. Uptrend Continues
Since buyers returned at the $3 support, XRP entered a sustained uptrend that has taken the price close to $3.3 at the time of this post. The momentum is building up and the cryptocurrency has a good chance to revisit the resistance and ATH at $3.6 this month.
2. Bullish Momentum Building Up
If XRP manages to MOVE above $3.3, then buyers will have full control over the price action with a clear target at $3.6. The current momentum indicators such as the MACD and RSI are both making higher highs which supports a sustained uptrend in the future.
3. MACD Bullish Cross
Another clear signal that XRP wants to go higher can be seen on the daily MACD where the moving averages are about to make a bullish cross. If confirmed, the price will have a clear path higher until sellers return which is most likely to happen around $3.6.
