The post XRP Price Analysis Today : Golden Cross Points to Potential Breakout appeared first on Coinpedia Fintech News
The XRP Price dropped by 16.4% over the last 30 days, with a 1.9% decline in the past 14 days. However, an XRP Golden Cross on the daily chart signals a potential XRP price breakout. With increasing institutional interest in Asia, XRP price prediction suggests it could soon return to $3.
2024 proved to be a strong year for the XRP price, with a remarkable 235.7% increase. The market surged by 240.1% in Q4 alone, largely influenced by the shift in the US political landscape following Donald Trump’s win.
However, in 2025, XRP price faced a 29.3% drop in February and a 2.52% dip in March. Despite these setbacks, January 2025 saw a 46% rise, with XRP price touching a peak of $3.4028.
XRP Golden Cross: XRP Price Breakout Ahead?
The XRP Golden Cross formation on the daily chart is attracting significant attention. A Golden Cross occurs when a short-term moving average crosses above a long-term moving average, indicating bullish potential. While moving averages can sometimes give false signals, this pattern suggests that XRP price prediction could be gearing up for a breakout.
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Currently priced at $2.09, XRP price faces resistance at $2.60. If the XRP Golden Cross holds, it could push XRP above this resistance level, potentially moving towards the $3 range. This aligns with XRP price prediction for a bullish breakout.
XRP price is currently at a crucial point. The $2.60 resistance level is key. If this is breached, a breakout towards $3 could be in play, confirming the XRP price prediction for upward movement. Watch for the continued influence of the Golden Cross and institutional support as driving factors.
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FAQs
Yes, if XRP breaks the $2.60 resistance, analysts predict a potential return to the $3 level, backed by technical and institutional factors.
The XRP price could reach a maximum of $5.81 by the end of 2025.
