The current price forecast for $XRP shows cautious optimism, with a significant potential for an increase if the current momentum continues, especially after the resolution of the SEC case and the listing of futures contracts. Here are the key technical forecasts:
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Technical Analysis - April 2025:
1. Inverse Head & Shoulders Pattern:
Pivot Point: Around $2.50
Expected Price Target: $2.74 – $3.10
Percentage Increase: About 25%
Condition: Confirmation of a breakout above the $2.54 level and holding above it with high trading volume
(fxstreet.com)
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2. Long-term Elliott Wave Analysis:
Analysts expect a rise to $6.5 during 2025 if institutional momentum continues and the use of XRP in cross-border financial solutions increases.
This movement is estimated to be an increase of up to 200%
Some advise taking profits at this level due to the possibility of strong corrections afterward.
(cryptotimes.io)
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3. Current Support and Resistance Levels:
Strong Support: $2.15 – $2.30
Current Resistance: $2.60 then $2.90
If $3.00 is broken, we may see quick jumps to $3.50 then $4.20