XRP price ‘looking very bullish’ after 25% weekly gain: How high can it go?

💡 DMK Insight

XRP’s bounce from $2 is more than just a price recovery—it’s a potential signal for traders. With the current price at $2.22, the upward momentum could push XRP towards the $3.30–$3.50 range, especially if volume supports this move. Traders should keep an eye on key resistance levels around $2.50 and $2.75, as breaking through these could trigger further buying. The broader crypto market is also showing signs of recovery, which often correlates with altcoin rallies. However, it’s worth noting that XRP’s price action can be volatile, and any sudden shifts in sentiment or regulatory news could impact this trajectory. On the flip side, if XRP fails to hold above $2.20, it might signal a pullback, so watch for any bearish divergence on the RSI or MACD indicators. Keeping tabs on these technical indicators will be crucial for timing entries or exits effectively.