$XRP
Technical Analysis of XRP USDT
Price chart of the XRP/USD pair – While the price predictions for Ripple (XRP) and its movement range indicate a continued contraction, forming a descending wedge pattern that has allowed the price to touch the $2.24 barrier several times without successfully breaking it, the trading candle signals – with extended upper wicks – remain balanced and indecisive, suggesting stable volatility.
If the bulls manage to push the price of Ripple (XRP) to break the $2.2610 barrier with strong trading volumes, it could then target the levels of $2.2822 and $2.3400 quickly, while breaking the support level of $2.20 could pave the way for a decline towards $2.147 and possibly $2.084.
Proposed trading settings for Ripple (XRP) with anticipation of the breakout:
Buy: When decisively breaking the $2.26 barrier
Targets: $2.2822 then $2.3400
Stop-loss: Below the ascending trend line and the $2.22 level
Bias: The outlook remains optimistic as long as the price stays above the SMA-100 indicator over the two-hour range.
Overall, Ripple (XRP) remains one of the most worthy altcoins to watch in 2025 due to increasing institutional interest and its price holding above its support level.