NewsBTC
Feb 15, 2025
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XRP Price Rises 12% Amid Analyst’s $5.8 Target Following Golden Cross

1 min

The XRP price has shown resilience in 2025, but recently fell to around $2.1 due to market-wide bearish sentiment from new U.S. trade tariffs. However, it rebounded over 12% on February 14, reaching approximately $2.7.

Potential for New All-Time High

Crypto analyst Dark Defender predicts XRP could approach a new all-time high near $8 within weeks. Key points include:

  • XRP rallied to $2.8 after the SEC acknowledged Grayscale’s XRP ETF application.
  • The price must overcome resistance at $2.9 to target Fibonacci levels of $5.85 and $8.03, representing nearly 200% potential growth from current levels.
  • A recent Golden Cross in the Relative Strength Index (RSI) indicates increased buying pressure.
  • If bullish momentum falters, support is at $2.44, with a critical level at $2.3 if this zone fails to hold.

XRP Price Overview

Currently, XRP is priced around $2.7, showing an increase of over 10% in the last 24 hours and nearly 14% in the past week, according to CoinGecko.

XRP Price