XRP Price Prediction: If it breaks through the $2.41 resistance level, it could rise another 13%

XRP0,62%

XRP prices have recently experienced the strongest rebound in months, rising nearly 33% from the December 31, 2025 low, with about an 11% surge in the past 24 hours alone. After a prolonged period of consolidation, XRP has once again become a market focus, but whether the rally can continue depends on the breakthrough of key resistance levels.

From a technical perspective, the current rally began with a triple bottom formation around $1.77, an area that has repeatedly proven to be effective support, forming the basis of the current rebound. Technical momentum is improving, with the 20-day EMA trending upward toward the 50-day EMA. A clear bullish crossover would typically indicate a shift from a rebound to a sustained upward trend, which is positive for XRP price forecasts.

In terms of volume, the On-Balance Volume (OBV) has broken through the previous downtrend line, indicating that capital is re-entering the XRP market. However, it is important to note that OBV has not yet formed a significant new high, suggesting that buying pressure is increasing but has not yet entered an acceleration phase. Around $2.41, the candlestick shows a relatively long upper shadow, reflecting significant selling pressure at that level.

On-chain data further reveal market divergence. Long-term holders continue to accumulate net positions, with daily net accumulation increasing from about 9 million XRP since December 30 to over 47 million XRP, indicating confidence among medium- and long-term investors. However, the unrealized profit and loss (NUPL) among long-term holders has risen back into a zone that previously triggered profit-taking. Historically, this area has led to phased corrections, signaling that short-term risks are accumulating.

Almost all technical and on-chain signals currently point to the critical level of $2.41. Distribution of cost basis shows that approximately 1.56 billion XRP are concentrated in the $2.39–$2.41 range, suggesting that many holders may choose to sell to break even at this level, creating a strong resistance.

If XRP can effectively hold above and break through $2.41 on the daily chart, upward selling pressure will significantly ease, with the next target potentially at $2.69, offering about 13% upside from the current price. This would greatly reinforce bullish expectations for XRP’s price movement.

Conversely, if the breakout fails, XRP may retest the short-term support at $2.26, with a deeper support level at $1.90. As long as the price does not fall below $1.77, the overall upward structure remains intact.

Overall, XRP is in a critical validation phase of its upward trend. The short-term success or failure depends on whether the bulls can turn the $2.41 resistance into a new support.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Breaks Above $1.40 as Spot ETF Inflows Hit $17.6M Milestone

XRP breaks $1.40 after Ripple partnership boosts investor confidence and market momentum. Spot XRP ETFs record $17.6M inflows, signaling rising institutional demand and interest. Technical indicators show resistance ahead, with support holding near $1.40 and $1.3840. Ripple’s XRP is

CryptoNewsLand4h ago

Hoskinson Reignites XRP Value Debate as Integration into Cardano DeFi Moves Forward

Charles Hoskinson reignited discussions on XRP's value during his analysis of Midnight's tokenomics on "The O Show." He contrasted Ripple's control of XRP with Midnight's community-driven model, sparking reactions from XRP supporters. Despite tensions, Hoskinson confirmed ongoing efforts to integrate XRP into Cardano's DeFi ecosystem.

GateNews5h ago

XRP ETFs Hit $1.5B Inflows After SEC Clarity Unlocks Demand

XRP ETFs saw $1.5 billion in inflows post-regulatory clarity, driven by strong institutional demand and new SEC rules. Major firms increased their holdings, and XRP network activity surged, indicating robust adoption and investor interest in crypto.

CryptoFrontNews15h ago

XRP Price Clears $1.40 While Broader Downtrend Persists

XRP's recent rise above $1.40 indicates a shift in market behavior after a consolidation phase. While momentum indicators show improvement, the broader bearish trend persists, limiting upside potential. Sustained support is crucial for extending its recovery.

CryptoNewsLand20h ago

Tobu Top Tours Launches XRP Ledger-Based Prepaid Payment Platform, Targeting Japan's „30T Market

Tobu Top Tours has partnered with SBI Ripple Asia to launch a prepaid token payment platform on the XRP Ledger, gaining regulatory approval in Japan. Set for rollout later this year, it allows users to convert yen into blockchain tokens for various tourism services. SBI Ripple Asia also announced research to enhance Japan-South Korea cross-border payments using the XRP Ledger.

GateNews20h ago

XRP Consolidation Signals Reset as Bullish Setup Emerges

XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.

CryptoNewsLand21h ago
Comment
0/400
No comments