XRP has shown significant volatility over the past six weeks, trading between $2.03 and $2.76. Let's explore the main trends and forecasts for the upcoming days.
Current XRP Dynamics
XRP reached a high of $2.76 in mid-February, followed by a sharp pullback to $2.03 in early March. Currently, the currency is in a recovery phase and stable around $2.43 as of March 24, 2025.
Key Levels to Watch
Support zones: The $2.03 level remains a critical floor, with $2.00 serving as a psychological barrier. A break below this region could lead to deeper losses, with potential support forming around $1.90. Resistance zones: The primary resistance level is $2.50. If XRP clears this hurdle, the next target would be $2.76, its recent high. A breakout above this could set the stage for a push toward $3.00. XRP is currently hovering near its 50-day moving average, reflecting market indecision.
Price Prediction for the Week
XRP's short-term outlook depends on whether it can maintain support or gain enough momentum for a breakout. A bullish scenario suggests returning to the $2.50 mark, with a possible retest of $2.76. In a bearish scenario, if XRP struggles to stay above $2.30, it may slide towards $2.10 and then test the critical $2.00 mark.
XRP is currently at a crossroads, trading within a tight range between $2.30 and $2.50. A decisive move beyond these levels will dictate the next major trend. Investors should closely watch these critical price points.