XRP Primed for $2.45 Breakout as SuperTrend Flashes Bullish Signal

XRP traders are eyeing a potential surge past the $2.45 resistance level after the SuperTrend indicator—a favorite among crypto chartists—triggered a buy signal. The last time this happened? A 30% pump followed. But hey, past performance is no guarantee of future results—unless you’re a hedge fund pitching to retirees.

The technical setup suggests momentum is building, with the token testing key resistance levels. A clean break above $2.45 could open the floodgates for a retest of its 2025 highs. Of course, this being crypto, the move could just as easily reverse into a ’liquidation party’ for overleveraged longs. Watch the volume—real breakouts don’t whisper.

Both momentum and MACD suggest further upward movement. A breakout above $2.46 could flip resistance into support and spark a fresh leg higher, potentially confirming the bullish symmetrical triangle setup. 

If this barrier is not overcome, there may be a drop towards the $2.25–$2.16 range, where clustered moving averages offer support. Until then, price action NEAR resistance will likely dictate XRP’s next move.

Beyond technicals, XRP’s fundamentals have also improved. A recent court filing on May 8 confirmed that Ripple and the U.S. Securities and Exchange Commission have agreed to withdraw their respective appeals in the long-standing lawsuit. The resolution would close a chapter that has weighed on XRP since late 2020.

In addition, institutional interest in XRP is picking up. A Leveraged XRP ETF launched in April, and spot ETF filings from Franklin Templeton and Bitwise are still awaiting regulatory approval.