XRP at Crossroads: Break $2.25 or Slide to $2.00/$1.55
XRP has rallied 335% year-to-date to around $2.15 and is now in a tight consolidation apex. Technical indicators—RSI below 50 and an oversold MACD—suggest a rebound if price can break above key resistance at $2.25. Failure to clear this level may trigger a pullback toward support at $2.00 or deeper to $1.55. On the fundamentals side, growing corporate reserves, pending ETF approvals and Ripple’s business expansion underpin a bullish long-term outlook, with analysts targeting $2.50 by July and $3.00 by September. Traders should monitor breakout confirmation and support retests to guide short-term positions.
Bullish
The consolidation at $2.15 and technical signs of an oversold MACD with RSI below 50 point to a potential rebound upon clearing the $2.25 resistance. Although a failure to break higher could lead to a pullback toward $2.00 or $1.55, the broader catalysts—ETF approvals, corporate reserve builds and Ripple’s expansion—support a bullish long-term trajectory. Short-term traders should watch key levels for breakout confirmation or support retests, while long-term investors can maintain a positive outlook based on the fundamental developments.