📢 Analyst Sets XRP Price Target At $6.5 🚀🚀💰

The XRP price is once again drawing the attention of analysts, with bold predictions suggesting a potential surge to $6.5. With momentum indicators flashing bullish signals and a key date highlighted, XRP could soon see a 200% rise from current levels to a new all-time high.

A new technical analysis from ‘Cryptarch_,’ a pseudonymous market expert on TradingView, suggests that XRP is on the verge of a major price breakout to $6.5. The analyst marked an ideal entry point at $2.10, paired with a tight stop-loss at $2.00. This strategy reflects strong conviction in XRP’s bullish setup while managing downside risks.

🚀XRP Price Sets Sights On $6.5 ATH

The TradingView analyst shared an XRP price chart, identifying the formation of a Descending Triangle supported by a break in the daily Relative Strength Index (RSI) downtrend. XRP’s RSI has been declining since late 2024, indicating weakening momentum. However, a recent upward cross into bullish territory hints at a possible trend reversal.

In his price chart, Cryptarch_ outlined a multi-stage move, where XRP is expected to rally upwards while bouncing across multiple resistance zones shown by the horizontal purple lines. The $2.49, $3.00, and $3.39 levels have been marked as the major resistance zones.

The goal of this bullish setup is to make $3 a strong support level. From there, XRP is projected to surge toward $6.5, with a potential upper price target of $6.82.

💲Key Date To Watch Out For

A key element in Cryptarch_’s bullish forecast for the XRP price is timing. According to his chart, Saturday, May 10, 2025, stands out as a critical date to watch.

He marks this day as a potential inflection point, where XRP could either break above the $3 resistance zone with strong momentum or face a temporary rejection, triggering a potential pullback to $1.61.

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