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XRP Price Prediction for 2025 - What Is Preventing XRP Price from Rising to $3?
Just before the end of Q1 2025, the long-awaited rounds of negotiations on the closure of Ripple vs. the SEC created massive rounds of negotiations across the crypto space. This is considered a big win for the crypto community, which could have a major positive impact on the price of XRP in the long-term. Meanwhile, the price experienced a positive impact in the short term but quickly disappeared and forced it to remain at consolidated levels around $2 After retreating from $2.5, the price is struggling to hold the support level at $2 and if the token breaks below this range, a 25% pullback could be imminent. Ignoring the short-term price action for a while, which has sent strong bearish signals, the long-term price action indicates a potential recovery. However, the price of XRP may continue to consolidate for a while but from a broader perspective, a breakout above $3 seems likely before the end of Q2.
The weekly chart of XRP shows that the price is trading within important resistance and support zones, corresponding to the peaks of 2018 and 2021. As the massive bulls are trapped in this range, the price remains stuck in this range. The conversion line and the baseline of the Ichimoku cloud have acted as immediate resistance and support levels. As the volume has dropped to a maximum level, an explosion may occur soon.
While the MACD shows increasing bearish pressure on the token and the RSI is heading towards a lower threshold, the DMI & CMF indicate a potential recovery. The ADX has triggered a recovery, which could further support the +Di & -Di to experience a bullish crossover. On the other hand, the CMF is bouncing between 0 and 10, indicating that both buyers and sellers are cautious about the prevailing price action. Therefore, this suggests that both are waiting for confirmation to apply pressure, which is influenced by market conditions. Therefore, the possibility of rising to 3 dollars through the resistance level of 2.5 dollars remains valid until the price of XRP holds above 2 dollars. However, a drop to 1.8 dollars should not be considered a bearish move, as the recovery from the 2021 high could elevate the price of XRP to a new ATH in 2025.