- XRP bulls and bears are in a grinding battle for dominance.
- $2.57 has emerged as XRP’s next significant target.
- Breaking above $2.65 would trigger the next phase of XRP’s bull run.
A cryptocurrency analyst has identified the major short-term targets for XRP, following the cryptocurrency’s rebound from a significant pullback. From the analyst’s observation, every resistance that XRP flips into support is crucial, considering the prevailing market situation.
A New short-term target has emerged for XRP
Relate: XRP Price Prediction: Analysts Warn of Downside Risk as ETF Delay Extends Amid U.S. Shutdown
Last week, a crypto market pullback that took many people by surprise saw XRP’s price crash to $2.18, after the cryptocurrency recovered from an even bigger crash that saw it lose almost 40% value within one day. The latest rebound reflects a steady rise, even though the analyst considers it a “grinding battle” between the bulls and bears.
According to data from TradingView, XRP traded for $2.46 at the time of writing, climbing above a crucial resistance level around $2.42 and flipping it into support. The analyst showed from his analysis, using the measured move from the descending channel, that XRP’s next target is $2.57.
The $2.65 is crucial for XRP’s next bullish rally
Following the new setup, the cryptocurrency analyst used the XRP 4-hour chart on TradingView to identify the $2.55 – $2.65 zone as XRP’s new key macro resistance area. Meanwhile, he noted that a 3-day close above $2.65 would be the ultimate signal for the next phase of XRP’s bull run. According to the analyst, such a move will confirm a strong bullish breakout and open the way for potential new cycle highs.
Relate: Coinshares XRP ETF Targets Nasdaq Listing With Index-Tracked Exposure
In the meantime, the analyst spotted $2.31 as a crucial support that must hold for XRP’s bullish momentum to remain. He noted that the level is crucial that XRP must not break below it on any time frame to remain bullish.
XRP maintained a bullish sentiment in 2025
Notably, XRP has maintained a bullish sentiment for most of 2025 despite the latest struggles and price declines. The court’s resolution of the case between Ripple and the SEC was a landmark moment in XRP’s development. Meanwhile, other macro factors, including a potential spot XRP ETF approval by the SEC and an inclusion in the US Crypto Strategy, form the underlying factors behind the cryptocurrency’s bullish appeal.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/xrps-key-levels-emerge-amid-grinding-battle-between-bulls-and-bears/