XRP Price Surge: Bulls Target $2.41 as Breakout Above $2.25 Resistance Looms

XRP has experienced a significant surge, reaching $2.41, marking a nearly 30% gain over the past week. This bullish momentum is driven by Optimism surrounding a potential settlement between Ripple Labs and the U.S. SEC, which could clarify XRP’s regulatory standing. Traders are now closely watching the critical $2.25 resistance level for a decisive breakout, which could signal further gains and potentially usher in a ’Crypto Summer’ for XRP.

XRP Price Prediction: Ripple Surges to $2.41 as Bulls Eye Breakout Above Critical $2.25 Resistance – Crypto Summer Ahead?

XRP has surged to $2.41, marking a nearly 30% gain over the past week as bullish momentum builds. The cryptocurrency now faces a critical test at the $2.25 resistance level, with traders watching for a decisive breakout.

Optimism around a potential settlement between Ripple Labs and the U.S. SEC is fueling the rally. A resolution could clarify XRP’s regulatory standing in the U.S., removing a longstanding overhang on the asset.

Trading at $2.37 with $5.03 billion in 24-hour volume, XRP demonstrates strong market interest. Recent court filings show the SEC seeking reconsideration of a prior ruling – a MOVE some interpret as groundwork for settlement talks.

Ripple (XRP) Price Analysis: Technical Pathways to Breaking the $3 Barrier

Ripple’s XRP is testing a critical resistance level at $2.5, with a potential breakout setting the stage for a rally toward $3. The cryptocurrency has rebounded from its 200-day moving average support NEAR $2.1, demonstrating strong buyer interest.

A decisive move above the wedge pattern’s upper boundary could propel XRP toward its all-time high of $3.4 in the medium term. Failure to breach this resistance may result in consolidation within the current pattern, allowing the market to gather momentum for another attempt.

XRP Flashes Death Cross From 2017 That Could Trigger 325% Rally To $9

XRP has demonstrated remarkable resilience, rebounding from lows of $2.08 to trade at $2.4, marking a 15% gain. The cryptocurrency’s daily chart reveals a rare historical pattern reminiscent of its 2017 trajectory, hinting at a potential breakout with a target of $9.

A death cross has emerged on XRP’s daily candlestick chart, typically a bearish signal. However, historical context suggests this could precede a significant upward move. The 50-day moving average crossover mirrors conditions seen during XRP’s 2017 bull run, when the token surged over 300%.

XRP Must Close Above Key Price Levels to Invalidate Bearish Outlook

XRP gained nearly 3% in the past 24 hours amid a broader crypto market recovery, yet analysts warn of lingering downside risks. The asset has rallied 35.95% since mid-April but now faces a critical technical juncture.

Market analyst crypto Egrag identifies $2.41-$2.45 as crucial resistance, with $2.96 representing the ultimate bullish breakout level. Failure to close above these thresholds could validate bearish patterns, while successful breaches would confirm an upward trajectory.

The altcoin’s performance mirrors the sector-wide rebound, though its ability to overcome these specific price barriers will likely determine its near-term direction. Traders are watching these technical levels closely as XRP tests make-or-break territory.

XRP Breaks Out of Wedge Pattern, Eyes $3 Target Amid Bullish Momentum

XRP has surged past key resistance levels, breaking free from a descending wedge pattern that constrained its price action since early 2025. The token’s rally to $2.10, followed by a modest pullback, reflects typical post-breakout behavior. Technical support now rests firmly at the 200-day EMA of $2.01.

A confirmed close above $2.40 could propel XRP toward its next significant target at $3. Momentum indicators like the RSI show strength without entering overbought territory, suggesting sustained bullish potential. Market participants are watching for confirmation of this breakout as accumulation phases give way to upward momentum.

XRP Price Eyes Breakout Amid Rising Channel Formation

XRP has established a firm support level at $2.20, sparking a fresh upward trajectory. The cryptocurrency now trades above both the $2.30 mark and its 100-hourly moving average, signaling bullish momentum.

A rising channel pattern with support at $2.3650 appears on hourly charts, suggesting potential for further gains. Market observers note that a decisive close above the $2.42 resistance could trigger another leg up, mirroring recent movements in Bitcoin and Ethereum.

The asset successfully tested the $2.475 zone after clearing multiple resistance levels, demonstrating renewed investor confidence. Technical indicators point to continued strength as buying pressure builds across major exchanges.