Will XRP Finally Break Out of This Range? Key Levels Every Trader Needs to Watch

XRP XRP News XRP Price Prediction
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Traders have positioned themselves cautiously as XRP's prolonged consolidation phase suggests a major move could be on the horizon.
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated: 
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

XRP closed in the red during six of the past seven daily trading sessions, as weakness across the broader crypto market continued to weigh on prices.

Over the past 24 hours, XRP dropped 2.1%. Trading volume rose 67.5% over the same period, signaling renewed selling pressure.

XRP’s price action has held up better than other top-five cryptocurrencies, with a year-to-date decline of just 1.9%.

In comparison, Solana (SOL) and Ethereum (ETH) have seen losses of 33.4% and 44.7%, respectively, over the same time frame.

Looking at the weekly chart, XRP has been consolidating since early January, when it approached its all-time high for the first time in seven years.

xrp weekly chart shows bullish formation

A bullish pennant pattern has emerged as a result. This pattern often signals a pause before a potential continuation of an upward trend, following XRP’s rally between November and January.

For long-term traders who anticipate a retest of XRP’s all-time high, the $1.80 area has served as support and may attract interest.

A bounce from this level could form a double-bottom structure, which would support a bullish outlook.

Meanwhile, a break above the $3.50 area could confirm the pennant’s bullish bias and potentially pave the way for a test of the $4 mark, which has yet to be reached.

XRP Price Strategy on Daily Charts

On the daily chart, a broader area of support between $1.80 and $2 has helped cushion recent pullbacks. Buyers have repeatedly entered the market at these levels, supporting the price.

However, as with the weekly chart, momentum indicators suggest bearish pressure remains in play, making a retest of $1.80 likely.

xrp daily chart shows the best entry prices for bulls

However, as with the weekly chart, momentum indicators suggest bearish pressure remains in play, making a retest of $1.80 likely.

XRP has also formed two consecutive lower highs on this time frame, pointing to a continuation of the downtrend.

The MACD histogram shows negative momentum building, with sellers taking control over the weekend.

As long as XRP remains above $1.80, its long-term outlook could stay intact. But if that support breaks, the next significant level is around $1.30—implying a potential 28% downside from current prices.

Same as XRP, the best crypto presales of the year like MIND of Pepe (MIND) have been resilient to the market’s negative sentiment.

The project’s appeal is evidenced by the $8 million it has managed to raise in less than three months.

MIND of Pepe (MIND) Combines the Power of AI and Memes to Produce Trading Insights

MIND of Pepe (MIND) is an ambitious AI project that leverages the popularity of the Pepe the Frog meme and combines it with artificial intelligence to take social media platforms like X by storm.

This AI agent is designed to engage in meaningful conversations with high-profile accounts to gain insights about the state of the crypto market that it will then pass on to investors to help them navigate these challenging conditions.

Once it has gained enough influence, MIND of Pepe can also launch its own memes to capture top social trends.

$MIND holders will get exclusive access to the private sales of these tokens to reap the highest returns once they are offered to the general public.

To buy $MIND, simply head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH for this token or use a bank card to make your investment.

More Articles

Altcoin News
South Korean Presidential Candidates Clash in Bitter Stablecoin Row
Tim Alper
Tim Alper
2025-05-11 23:30:00
Bitcoin News
BSV Investors Seek to Revive 2019 Lawsuit Against Binance Over Delisting Impact
Amin Ayan
Amin Ayan
2025-05-11 15:00:00
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors