XRP’s price is currently trading at $2.01 and is continuing to ride the momentum from an impressive 24hr rebound of nearly 6%. Trading volume has followed that move, and it’s now notched a daily high of over $4.19 billion.
This isn’t just a flash in the pan; that’s an awful lot of buying activity. XRP has now become the 4th largest crypto by market cap, valued at roughly $121.9 billion. Of its nearly 62 billion tokens in circulation, you can only make 100 billion in total.
Despite the move, the market’s underlying tone remains measured. While things are certainly looking up, traders are keeping a close eye on whether XRP can hold onto its gains and avoid being a fleeting high.
XRP/USD Technical Outlook: Fibonacci Retracement in Play
From a technical perspective, XRP price prediction has turned bullish as XRP has undergone a significant shift lately.
For most of last December, the price was stuck inside a clear downtrend channel, just chugging away lower and lower. But now the price has finally broken above the upper boundary of that channel after violating the $1.80 resistance zone.
That breakout came after it built a solid foundation between $1.81 and $1.85, where buyers absorbed sellers and used those low points to build a series of higher lows.
XRP/USD Price Chart – Source: TradingviewLooking at the 2-hour chart, some pretty convincing bullish candles drove the breakout; they were solid, with little wick on the tops. This marks a clear sign of absolute conviction behind the price move, not just some short-lived short covering.
The brief pause at $2.05 has seen some smaller candle bodies, which isn’t really a sign that the market is rejecting the price just yet.
Key Levels and Momentum Signals
Several indicators reinforce the improving structure:
XRP is holding above the 0.618 Fibonacci retracement near $1.90, with price consolidating above the 0.382 level around $1.96. The 50-period EMA has crossed above the 100-period EMA, and both are turning higher beneath the price. RSI has cooled slightly after reaching the low-70s, pointing to strong momentum without clear bearish divergence.These signals suggest the move higher is being absorbed rather than faded.
XRP Price Prediction: What Comes Next
If XRP continues to hold above the $2.00 psychological level, the technical roadmap points toward $2.13 as the next resistance, followed by a potential extension into the $2.17–$2.20 zone. A sustained move below $1.96 would slow the bullish case and bring $1.90 back into focus.
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Click Here to Participate in the PresaleThe post XRP Price Prediction: $1.95 Breakout Puts $2.20 in Focus After 6% Surge appeared first on Cryptonews.
