NewsBTC
Apr 28, 2025
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XRP Price Targets 20% Surge to $2.51 After Pullback

XRP is poised for a potential 20% increase, targeting resistance at $2.50. This comes after a recent pullback to retest the breakout zone, with expectations that confirmation could lead to new highs.

XRP Price Projections

  • Current price is approximately $2.28, up over 5% in the last 24 hours.
  • Key resistance levels identified: $2.15803, $2.29387, and $2.40995.
  • Key support zones are $2.18880 and $2.08373.
  • A strong bullish rally is anticipated if support holds during the retest.
  • Market participants should monitor price action closely around the retest zone.
  • CME Group plans to launch XRP futures contracts in May, potentially increasing institutional interest.

Additional Resistance Level

  • $2.24 is highlighted as another significant resistance level.
  • XRP recently tested this level but faced rejection, needing to close above it to maintain bullish momentum.
  • Analyst projections suggest XRP could reach as high as $8 in this market cycle.

XRP Chart