XRP Price Prediction: Don't Miss This XRP Rise

XRP is regaining momentum with price movements indicating an imminent breakout. Based on the latest daily and hourly chart data, the XRP price is trading around $2.42, up 1.68% on the daily chart. Both daily and hourly charts show a bullish structure, supported by clear higher lows, rising moving averages, and Fibonacci targets that have yet to be reached. XRP Price Prediction: Is $XRP Forming a Bullish Continuation Pattern?

On the daily chart, XRP is building strength on the 100-day SMA and has formed a clear series of higher lows since the bottom in early April. The price has surpassed the important horizontal resistance near $2.30, successfully retested it, and is currently fluctuating around $2.42. The 20-day, 50-day, and 100-day moving averages are converging and trending upwards. This indicates that bullish momentum is increasing. Prices are also breaking above the long-term trend line drawn from the lows of March, reinforcing buyer interest as prices decline. The Fibonacci retracement level drawn from the local swing top to the swing bottom sets the $2.43 level as the key short-term resistance. A break above this level could lead to a bullish rally towards the 0.618 Fib level around the $2.80 level, which is also in line with the recent wick peak from early May. Calculate price: If the price of XRP surpasses the level of $2.43 and heads towards the Fibonacci level of $2.80, the bullish potential is: Target increase = (2.80−2.43/2.43) × 100 = 15.22% This move could happen quickly if the trading volume supports the breakout. What Does the Hourly Chart Reveal?

The hourly chart shows the classic ascending triangle pattern formed since May 20, with the bullish low pushing into the horizontal resistance at $2.43. This structure usually precedes bullish breakouts. Importantly, the XRP price has held above the 20, 50, 100, and 200-hour SMAs, which are tightly grouped and trending upwards. It is a typical sign of consolidation before expansion. The last three candles in an hour show narrow-bodied Heikin Ashi candles, reflecting a tightening in volatility. This often occurs before a strong directional move, in this setup, favoring the bulls. The hourly candle closing above $2.44 is likely to trigger a swift move towards $2.60, with minor resistance at $2.52. XRP Price Prediction: How High Can XRP Price Go This Week? If the bullish momentum continues and the price of XRP maintains the support level at $2.30, we could see a breakout pattern occurring towards the next major Fibonacci extension zone. Below is the basic Fibonacci projection using the low ($1,90) to the high ($2,63): Measured move = 2.63 - 1.90 = 0.73 Breakout target = 2.43 + 0.73 = 3.16 Therefore, if the volume and sentiment align, a successful breakout above the 2.43–2.45 dollar level could ultimately push XRP to the 3.16 dollar level in the next 1–2 weeks. Final Thoughts: Should You Watch XRP Right Now? The XRP price is just below the main resistance and forming bullish patterns on both the daily and hourly charts. The presence of higher lows, consolidating MAs, and breakout structures such as ascending triangles make this setup difficult to ignore. If XRP breaks through $2.43 with volume, then a breakout to $2.60, and then possibly $2.80–$3.16, could happen quickly. A drop below $2.30 would invalidate the short-term setup, but as long as XRP holds that support, buyers remain in control. Short-term trend: Increase Important Levels to Watch: $2.43 (kháng cự), $2.30 (hỗ trợ), $2.80 (mục tiêu), $3.16 (mục open target rộng)