Why the $2.20 rise of XRP could trigger a 500% price increase of XRP?

XRP Coin is currently at an important price level as it consolidates above $2.10, with many traders eyeing a breakout above the resistance line at $2.24 to confirm bullish momentum. The MACD and RSI indicators show increasing buying pressure, with the bullish trend line at $2.10 providing an initial support zone. However, on the flip side, there are mixed signals; derivative data near $2.25, while the global market remains caught up in macroeconomic developments. The long-term outlook for the XRP Network is tied to Ripple's legal status and acceptance as a cross-border payment mechanism, but a drop below $2.080 would invalidate the positive trend. Will XRP maintain its bullish trend or undergo a corrective phase? XRP Price Solidifies in the Context of Bullish Momentum XRP Coin, an important component of the XRP Network, is witnessing initial signs of recovery as its price consolidates above the $2.10 level following a bullish breakout. Currently trading above $2.080 and the 100-hour simple moving average, XRP is supported by an upward trend line at $2.10. However, this cryptocurrency faces strong resistance at $2.20 and $2.250, which needs to be cleared for any further bullish moves. Technically, the MACD and RSI indicators have confirmed increasing bullish pressure, while Fibonacci retracement levels indicate important thresholds ahead for price retracement. A decisive push above $2.250 could pave the way for further gains near $2.450 and beyond, targeting $2.50 immediately. On the other hand, if the price falls below the $2,080 support level, the XRP price could look for lower levels towards $2.00 and possibly the $1,920 support zone. The long-term future of XRP remains bright in the eyes of analysts, with predictions ranging from $3 to $9 by 2025, supported by growing interest by the network's institutions and utilities. XRP will be held at the will of traders who want to watch these key resistance and support levels. XRP Price Analysis: Approaching Important Support Level in the Context of Bearish Signals The 5-minute chart for XRP Coin shows a bearish trend, marked by the recent price drop from the previous consolidation zone. A prior attempt to break the resistance level of $2.24 resulted in a strong rejection, leading to a drop below the support level of $2.08. The price of XRP is currently fluctuating near the support level around $2.08. XRP price analysis indicates that the RSI is about 36.43, gradually moving away from the oversold condition but still reflecting significant selling pressure.

Momentum analysis reinforces pessimistic sentiment, with MACD showing multiple bearish crossovers below the zero line, signaling negative market momentum. If the price does not recover above $2.12, a bearish trend targeting $2.06 may occur. Conversely, a price recovery may face initial resistance in the range of $2.14 to $2.15. While short-term volatility remains, long-term predictions depend on Ripple's management outlook and further adoption within the XRP Network. XRP's Bullish Outlook Faces Resistance Challenges The current operating price of XRP coin is at a resistance level of $2.20 — an excellent and very important point that will determine whether it will rise or fall in the XRP Network. Technical indicators, such as the MACD and RSI, show a healthy rise while the $2.10 support zone and bullish trendline provide support at the base level for further bullish moves. Analysts' expectations indicate that future growth is high; for example, Standard Chartered is predicting $5.50 by the end of 2025 and $12.50 around 2028, thanks to the legal clarity provided by Ripple's shape and the readiness for these overseas payments. Failing to surpass this threshold means a sharp drop to $2.00 or even lower.