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▲ XRP/AI generated image ©
XRP has ended its long-term sideways trading range, and with a scenario of a potential surge of up to 2,100% being discussed, market attention is once again focused on it.
According to crypto media outlet Finbold on April 19 (local time), XRP (Ripple) has recently recovered the key support level of $1.40, signaling entry into a new uptrend. After a long-term range-bound movement from 2022 to 2024, it surged to $3 in 2025, underwent a correction, and is currently consolidating its support base in the $1.30-$1.40 range.
Analysts suggest the possibility of a surge following a prolonged sideways movement, similar to past cycles. In the short term, re-breaking the $3 resistance is key, with the next target set at $5 if broken. Some aggressive forecasts even mention a scenario where it could rise to a maximum of $32, which would represent approximately a 2,100% increase.
Technical indicators also show positive signals. Analyst Ali Martinez analyzed that the SuperTrend indicator turned upward for the first time since January 17, indicating an early sign of a trend reversal. Currently, XRP has rebounded to around $1.47, maintaining its upward momentum.
However, short-term resistance still exists. The $1.55 level has been a key resistance that has thwarted recent surges multiple times, and a decisive break above this level on a closing basis is needed to confirm a full-fledged upward rally. If broken, the next target is set at approximately $1.90.
Currently, XRP is trading at approximately $1.43, down about 2.3% in the last 24 hours, but up over 7% on a weekly basis. It maintains support above the 50-day moving average of $1.38, but its position below the 200-day moving average of $1.90 suggests that a complete long-term uptrend reversal is still premature. The RSI of 64.94 is just below overbought levels, indicating room for further upside but also simultaneously hinting at the possibility of a short-term correction.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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