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Home»Analysis»Analyst sets XRP race goal to $ 6.5, these dates are key
Analysis

Analyst sets XRP race goal to $ 6.5, these dates are key

2025-04-24No Comments4 Mins Read
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The XRP -price again attracts the attention of analysts, with daring predictions suggest a possible increase of $ 6.5. With momentum indicators that blink bullish signals and emphasizes an important date, XRP could soon see an increase of 200% from the current level to a new of all time.

A new technical analysis of ‘Cryptarch_’, a pseudonymous market expert in TradingView, suggest that XRP is about to one Prize dropout Up to $ 6.5. The analyst marked an ideal access point at $ 2.10, coupled with a tight stop-loss for $ 2.00. This strategy reflects a strong conviction in the bullish setup of XRP and at the same time managing the risks of the disadvantage.

XRP -Prize sets sights at $ 6.5 ATH

The TradingView -analyst shared an XRP price chart and identified the formation of a Falling triangle supported by a break in the daily Relative strength -Index (RSI) Downend. The RSI of XRP has been taken since the end of 2024, which points to the weakening momentum. However, a recently upward cross to Bullish Territorium indicates a possible trend removal.

Related lecture

In his price diagram, Cryptarch_ outlined a multi-phase movement, in which XRP is expected to come up while bouncing over several resistance zones shown by the horizontal purple lines. The levels of $ 2.49, $ 3.00 and $ 3.39 are marked as the most important resistance zones.

See also  What If XRP Price Hits $3.70 Again? How Much Could Your XRP Holdings Be Worth?
XRP
Source: Cryptarch on TradingView

Following the projected path marked by the yellow arrow on the graph, it is expected that XRP will first break the falling triangle before he makes a movement to the critical resistance zone at $ 3. This level has a meaning because it was the site for one Prize pump On March 2, 2025 – a historic step that could not serve as a strong indicator for future price action.

Cryptarch_ suspected that the XRP price will probably struggle on the $ 3 resistance. After that it is expected that it bounces and go higher, possibly re -test Current highlights of all time.

The purpose of this bullish setup is to earn $ 3 A Strong level of support. From there, XRP is expected to rise to $ 6.5, with a potentially upper price objective of $ 6.82. Although a higher increase would yield better profits, the HandelsView analyst proposes to leave the market at $ 6.5 to safely increase the profit before a large resistance zone is reached.

Head date to pay attention

Timing is a key element in the Bullish Prognosis of Cryptarch_ for the XRP price. According to his graph, Saturday 10 May 2025 stands out as a critical date to look at.

Related lecture

He marks this day as a potential bending point, where XRP or above $ 3 resistance zone with a strong momentum could break or experience a temporary rejection, an activated potential withdrawal up to $ 1.61.

Interesting that the Bitcoin -Price promotion Also plays an important role in the future price views of XRP. Cryptarch_ revealed that A Breakout above $ 89,000 In BTC could serve as a catalyst, in which a rally ignored altcoins, including XRP. It is worth noting that Bitcoin has done all that Erased this critical level and trades at $ 91,872 at the time of writing.

See also  Bullish Bitcoin signal flashes for the first time ever, according to InvestAnswers
XRP
XRP trade at $ 2.14 in the 1D graph | Source: Xrpusdt on TradingView.com

Featured image of Adobe Stock, Chart van TradingView.com

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Analyst dates goal Key race sets XRP
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