Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
XRP Explosion Incoming? Key Levels Point to a Run Toward $10

XRP Explosion Incoming? Key Levels Point to a Run Toward $10

CryptoNewsCryptoNews2025/03/08 10:44
By:Harvey Hunter

XRP has lost momentum as highly anticipated bullish catalysts fall short, but key technical levels indicate that its next major move could be imminent.

Last updated: March 7, 2025 11:30 EST
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

While early-week speculation about inclusion as a U.S. strategic crypto reserve asset bolstered XRP price forecasts , today’s crypto summit saw those plans scaled back to Bitcoin alone.

Something which seems to have dampened market sentiments, triggering a sharp 2.36% decline—though the front-running altcoin still holds onto a 23.55% gain for the week.

Despite the pullback, eyes remain on XRP as mounting pressure builds for a potential breakout.

XRP Price Analysis: Can it Still Make $10?

While today’s drawdown briefly threatened the integrity of a symmetrical triangle forming since mid-January, the breakout remains intact.

XRP Explosion Incoming? Key Levels Point to a Run Toward $10 image 1 XRP / USDT 1D chart, symmetrical triangle pattern breakout. Source: Binance.

The daily candle dipped below the pattern’s upper resistance but held firm, rebounding from the key $2.20–$2.40 support zone that has guided price movements throughout.

While the previous breakout attempt proved false, this one appears to have staying power, especially as technical indicators favor the bulls.

The Relative Strength Index (RSI) has reset to a neutral 50 after cooling from overbought territory at 70, and the MACD line continues trending above the signal line—both signs that the correction may be over.

This creates an ideal foundation for growth. If further downside emerges, the support zone will likely prompt another rebound.

A full playout of the pattern projects a potential XRP price target of $3.85, marking a 53% gain from current levels—the first step in a push toward the coveted $10 mark.

This ICO Unlocks the Best of the Bull Cycle

Latecomers missed out on a crucial “sell the news” event for XRP—investors who back the wrong horse are missing out on those limited bull market gains.

2025 is setting up to be an explosive year for crypto and MIND of Pepe ($MIND) is positioning traders to get in early and stay ahead.

As a self-improving AI, MIND of Pepe is designed to deliver exceptional value to $MIND token holders.

It will actively engage with the crypto community through its X account —driving conversations, uncovering alpha opportunities, and delivering exclusive, token-gated insights.

XRP Explosion Incoming? Key Levels Point to a Run Toward $10 image 2

Inside its Telegram community , holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve.

At the time of writing, MIND has raised over $7.1 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.

You can keep up with MIND of Pepe on the mentioned socials, or join the presale on the MIND of Pepe website .

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Solana Dominates DEX Volume for Fifth Consecutive Month

Solana leads DEX trading volume for the fifth month in a row, reaching $105.86B. Is Solana the new king of decentralized exchanges?Why Is Solana Leading the Market?What’s Next for Solana?

Coinomedia2025/03/09 17:55

Top New Meme Coins to Join for Long Term: BTFD’s Presale Surges Past $6.27M While Just a Chill Guy and Moo Deng Gain Market Buzz

BTFD Coin’s presale passes $6.27M, Just a Chill Guy dominates meme culture, and Moo Deng gains traction on Solana. See why these top new meme coins to join for long term are trending.BTFD Coin’s Presale Momentum Builds as Bulls Squad Surpasses 11,300Moo Deng (MOODENG) Gains Traction as a Top Animal-Themed Meme CoinConclusion

Coinomedia2025/03/09 17:55

Top Crypto to Buy Now? Exploring Web3Bay’s Presale & Its Potential for 3,639% Growth!

Learn how Web3Bay is transforming decentralized e-commerce with its presale. With over 390 million tokens sold & $1.6M raised, early investors are poised for significant returns.Unprecedented Interest in Web3Bay’s PresaleExploring the Growth Potential of Web3BayWeb3Bay: A Top Crypto to Buy Now for 2025

Coinomedia2025/03/09 17:55

Altcoin Market (TOTAL3) Signals Bullish Breakout

Altcoins are showing bullish signs as TOTAL3 nears a breakout. A falling wedge, RSI breakout, and key retests suggest a trend reversal.TOTAL3 Nears a Major ReversalKey Retest of March 2024 Highs

Coinomedia2025/03/09 17:55