XRP Price Prediction: Approaching $2.30 Resistance
XRP price prediction remains bullish as XRP trades around $2.27–$2.28, up over 2% in 24 hours. Technical analysis shows the token compressed within a seven-year symmetrical triangle and reclaimed the 50-period SMA on the four-hour chart. An ascending trendline of higher lows and a rising RSI below overbought support the XRP price prediction. Key resistance levels to watch include $2.285, $2.329, $2.337 and the $2.40–$2.47 zone. A decisive breakout above $2.285 on strong volume could trigger tests of $2.30, $2.35 and $2.45. Support levels sit at $2.2175, $2.146, $2.080 and $1.7711. Traders may consider long entries between $2.27 and $2.29 with stop-losses below $2.21. Bitcoin’s potential breakout above its eight-year trendline could fuel altcoin gains. Meanwhile, Solana-powered layer-2 project Bitcoin Hyper (HYPER) has raised nearly $2 million in its presale at $0.01215 per token ahead of a planned Q1 2025 mainnet launch. This updated XRP price prediction synthesizes key levels and market catalysts for both short-term momentum and midterm trend confirmation.
Bullish
The combined analysis highlights multiple bullish indicators for XRP. On the four-hour chart, XRP reclaimed the 50-period SMA, formed higher lows along an ascending trendline, and shows a rising RSI still below overbought. Compression in a seven-year symmetrical triangle suggests an imminent breakout. Key resistance tests at $2.285 and above could propel prices toward $2.35–$2.45. Bitcoin’s potential breakout above its long-term trendline adds further upside pressure on altcoins. The strong presale success of HYPER underscores investor confidence in the broader ecosystem. Short-term traders are likely to target immediate resistance with tight stop-losses, while the midterm outlook remains positive as range-bound consolidation nears resolution to the upside.