XRP Price Report: Is the Next Massive Price Increase of XRP About to Begin?

On February 8, 2025, XRP was traded at $2.41, with a market cap of $139 billion, daily trading volume of $7 billion, and intraday volatility ranging from $2.35 to $2.53. Hourly perspective shows XRP fluctuating between $2.30 and $2.40, forming a series of higher lows anticipating a breakout. A resistance at $2.45 is emerging, with stronger opposition near $2.50. The $2.30 support level has pushed back consecutive selling waves, indicating a potential recovery. Trading activity has decreased slightly, implying a calmer market and a potential consolidation phase. A breakthrough of $2.42 could create momentum towards $2.48 or $2.55, while a slide below $2.35 could lead to downward momentum.

Zooming in, the four-hour lens illustrates a decline from $3.20 to $1.77, followed by a recovery. The $2.20 level remains unchanged, while $2.60 remains a significant resistance level. The stability around $2.40, combined with slight fluctuations, signals balance. The dominance of buyers maintained above $2.40 may challenge $2.60, although the volatility here could return to the $2.20 level.

The daily range widened to capture a significant pullback from $3.40 to $2.40, amplified by stronger selling. Supports between $2.20 and $2.40 resist the decline, while $3.00–$3.20 forms a formidable barrier. Despite recent pessimism, sustained stability could sow the seeds of a reversal. Trading patterns suggest an accumulation strategy at lower price levels, likely fueling a recovery.

The figures on divergent momentum: RSI at 37.57 reflects neutrality, while Stochastic (42,09) does not provide a clear direction. CCI at -111.83 flickers a buy signal, reflected by ADX at 32.75 indicating modest trend strength. Awesome Oscillator (-0.33) reflects caution, and MACD (-0.09) along with Momentum (-0.66) lean towards decline, reflecting prolonged pessimism. Short-term EMA and SMA lines of 10-50 cycles ( paint a pessimistic picture, while the longer-term horizon brings optimism: EMA 100 cycles )2,18( and SMA )2,09( indicate buying interest, as well as EMA 200 cycles )1,64( and SMA )1,33(. Holding above $2.40 may rejuvenate potential price increases, but breaking major supports could risk a price drop.

Bull's opinion The price action of XRP indicates the potential for a breakout from consolidation, with strong support around $2.30 and increasing signs of accumulation. If buyers maintain upward momentum above $2.40 and surpass the resistance at $2.50, the next target range is between $2.60 and $2.80. The oscillators are still mixed, but the long-term moving averages show potential strength in price increase, leading to the possibility of short-term recovery if key support levels are held. Bear's analysis Despite temporary stability, XRP is still in a corrective phase with signs of price decline dominating short-term and medium-term moving averages. Selling pressure continues, with momentum indicators such as divergent moving averages )MACD( and flashing sell signals. A break below $2.35 could accelerate losses towards $2.20 or lower, and without a decisive push above $2.50, the downside risk remains significant.