XRP’s Bullish Engulfing Pattern Hints at Potential Surge to $13 or $22 in 2025
XRP, the digital currency associated with Ripple, is currently drawing significant attention from analysts as it consolidates around the $2 mark. Despite experiencing recent volatility, technical indicators are pointing toward a potential major rally in 2025. Market observer EGRAG crypto has identified a recurring bullish engulfing pattern on XRP’s yearly charts, a formation that has historically preceded substantial price increases. The emergence of this pattern in 2024 suggests that XRP could be poised for significant upward movement, with price targets of $13 or even $22 in 2025. As of now, XRP is trading at 2.15360000 USDT, and investors are closely watching for signs of the anticipated breakout.
XRP Market Trends Signal Potential Rally to $13 or $22 in 2025
XRP, the digital currency linked to Ripple, is capturing analyst attention as it stabilizes NEAR the $2 level. Despite recent volatility, technical patterns suggest a major upward move could materialize in 2025. EGRAG Crypto, a noted market observer, identifies a recurring bullish engulfing pattern on XRP’s yearly charts—a formation that historically precedes significant price appreciation.
The pattern’s emergence in 2024 mirrors previous instances in 2016 and 2017, when similar setups preceded parabolic moves. XRP has already gained 6% year-to-date in 2025, building momentum that could mirror the 2021 surge when the 9th yearly candle triggered substantial gains. Market participants are watching whether history will repeat with the 13th yearly candle formation.
XRP Faces Critical Retest: Will $2 Mark Be a Turning Point for Investors?
XRP’s price struggles below $2.25 as analysts eye a potential retest of the $2 support level. Fibonacci resistance and a fourth cycle pattern suggest further decline may precede any upward movement.
Active token addresses have plummeted 68%, signaling shifting market sentiment. Despite trader optimism, XRP has failed to gain ground this month, now trading below crucial support levels.
Futures open interest shows mixed signals - down to $4.11 billion from $4.55 million daily, but up 10.48% monthly from $3.72 billion. This volatility reflects growing market activity and speculative interest.
Ripple’s RLUSD Stablecoin Gains Traction with Zero-Fee Campaigns and Global Accessibility
Ripple Labs’ dollar-pegged stablecoin, RLUSD, is rapidly expanding its footprint in cryptocurrency markets. The asset, issued by Ripple-owned Standard Custody & Trust Company, combines regulatory compliance with seamless cross-border functionality. Backed 1:1 by U.S. dollars, RLUSD targets both institutional payment corridors and retail transactions.
Bitget exchange has amplified RLUSD’s accessibility through a strategic listing in its Innovation Zone, pairing the stablecoin against USDT and USDC. The platform is running a seven-day zero-fee promotion, supporting purchases via 140+ fiat currencies including EUR, GBP, and emerging market options like UAH and TRY. This aggressive onboarding campaign eliminates traditional card processing fees through May 29.
XRP Price News: Key Levels to Watch This Week
XRP’s price action remains a focal point for traders as the cryptocurrency market maintains its volatility. The digital asset recently rebounded from a critical support zone between $2.10 and $2.15, a level now serving as a litmus test for near-term momentum.
A breach below this support could trigger a slide toward $2.05, with $2.00 acting as the next psychological floor. Conversely, technical analysts are eyeing a potential inverse head and shoulders pattern—a bullish signal if confirmed. For this setup to materialize, XRP must clear the golden pocket resistance between $2.56 and $2.62, a MOVE that could catalyze a rally toward record highs.
Intermediate resistance looms at $2.33, presenting an initial hurdle. Market participants are weighing these technical markers against broader sentiment, with the pattern’s unconfirmed status leaving room for caution.
