XRP Price Prediction: Bullish Signals Emerge—Will XRP Price Explode After Breaking $2.40?

The world of cryptocurrency is watching closely as XRP price action approaches a critical level. This article provides a comprehensive analysis of XRP price trends, technical signals, the impact of ETFs, whale activity, and a detailed XRP price prediction for the coming weeks and months. If you’re looking to understand the latest developments, key technical levels, and what could drive the next explosive move in XRP price, read on for a complete guide.

Bullish Structure Formed Despite Recent Sluggish XRP Price Performance

Following a sharp sell-off, the XRP price has shown remarkable resilience, bouncing cleanly off the important $1.80 support—historically a strong demand zone. This XRP price recovery is no mere coincidence; it’s supported by both solid structural demand and momentum indicators signaling oversold conditions. Now, XRP price trades within the all-important $2.20 to $2.25 consolidation zone, a pivotal area for determining the next major XRP price move.

Structural highlights on the XRP price chart:

• A decisive reversal from $1.80, with aggressive buyers quickly pushing XRP price back above $2.00.

• Swift return to the $2.20–$2.25 range, setting up a possible breakout for the XRP price.

• Momentum indicators such as the Stochastic RSI signal an uptrend for XRP price, although a short-term cool-down may occur before another surge.

RSI Surpasses 80, Signaling an XRP Price Surge Trend

The Relative Strength Index (RSI) on monthly charts has reached above 80 for only the second time in XRP’s history, according to technical analysts cited by Bitget and CoinEdition. This surge in RSI is not just a technical milestone; it indicates strong momentum behind the XRP price and suggests the start of a late-stage bull run rather than an imminent reversal. Importantly, the XRP price RSI remains above 50, meaning there is room for the XRP price to climb even higher before any significant correction.

ETF Inflows Drive Trading, But Why Isn't the XRP Price Exploding?

XRP’s recent market excitement has been further fueled by ETF developments. There are now approximately 20 XRP ETF filings pending before the U.S. SEC, trailing only Bitcoin and Solana, according to Bloomberg ETF analyst Eric Balchunas. Notably, Bitwise CIO Matt Hougan predicts an XRP ETF could easily attract over a billion dollars in assets within months of launch, crediting the unwavering support of the “XRP Army” despite broader industry skepticism.

Institutional inflows are already significant. Recent spot ETF launches—including those by Canary, Bitwise, Franklin Templeton, and Grayscale—have absorbed up to 79 million XRP on the first day, with daily inflows often ranging from 16 to 80 million XRP. Deep-pocketed investors (“whales”) have accumulated nearly $560 million in XRP over just a week, even as 190 million XRP was quickly offloaded, reflecting a highly active and dynamic trading landscape.

Despite this, even with a $7.19 billion ETF inflow in 24 hours and XRP price market cap surging to $122.49 billion, the XRP price hasn’t exploded upwards. The reason? Exchange balances have declined by 430 million tokens in just eight days, tightening liquidity and setting up the XRP price for high volatility as the available supply drops. Both institutional ETFs and whales are absorbing circulating XRP, but some traders are taking profits into these rallies, leading to near-term XRP price consolidation.

$2.40: The Key XRP Price Level That Could Trigger an Explosion

The $2.30–$2.40 zone is now the critical resistance for the XRP price. Analysts widely agree that if XRP price can break and close above $2.40, it could lead to a strong bullish breakout, pushing the XRP price toward $2.50, $2.57, and even $3.12. These targets correspond with historical resistance and structural pivot zones in previous XRP price cycles.

Source: TradingView

If the XRP price breaks above $2.40 decisively, expect new buyers to enter the market, resulting in increased volumes and possibly a rapid XRP price ascent. Loss of the $2.20–$2.00 support, however, could see XRP price retest $1.80.

XRP Price Forecast: What’s Next?

Short-Term XRP Price Scenarios:

• Bullish: XRP price breaks and holds above $2.30 or $2.40, targeting $2.50 and higher.

• Bearish: XRP price loses $2.20, leading to further declines to $2.10, $2.00, or a retest of $1.80 support.

Mid-Term Outlook:
Assuming ETF demand continues and exchange XRP balances drop further, XRP price could reach $3.00 in upcoming quarters. Institutional activity and the “XRP Army” community remain central to ongoing XRP price momentum.

Key XRP Price Levels:

• Support: $1.80, $2.00, $2.10

• Resistance: $2.30, $2.40, $2.50, $2.57, $3.12

Conclusion

The XRP price is at a critical crossroads. Robust technical signals, institutional ETF support, shrinking exchange supply, and resilient buying interest point to the potential for a significant XRP price breakout, especially above the $2.40 level. However, risks remain, and investors should track key XRP price levels, ETF inflows, and liquidity changes closely.

For both short-term traders and long-term holders, the coming weeks could be defining for XRP price trajectory. Stay informed on XRP price developments to position yourself wisely in this rapidly evolving market.