$XRP
Ripple (XRP) Surges Past $2.50, Eyes Return to All-Time High Levels
As of May 12, 2025, Ripple's XRP has shown strong upward momentum, rising from $2.09 to $2.56 over the past week—a 22.49% increase. This marks a significant rebound and has sparked optimism about XRP approaching its all-time high levels once again.
Key Highlights:
Crypto analyst Michaël van de Poppe had identified $1.75 as a strong accumulation zone. Since then, XRP has rallied nearly 50%.
Technical indicators like the SuperTrend and MACD confirm the bullish trend, showing sustained positive momentum.
Another analyst, Dark Defender, used Elliott Wave theory to suggest XRP could reach as high as $36.76 in the long term. This would represent an increase of over 1300% from current levels.
Charts and Analysis:
The article includes daily charts showing XRP’s price movements, indicating key support and resistance zones.
Elliott Wave projections support the thesis that XRP might be in the early stages of a much larger upward wave.