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Home»Analysis»New incoming XRP rally? The analyst thinks that this cycle is unique
Analysis

New incoming XRP rally? The analyst thinks that this cycle is unique

May 11, 2025No Comments3 Mins Read
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XRP investors keep an eye on a crucial price level this week. Bitcoin managed to recover more than $ 100,000 and Ethereum exceeds $ 2,300. XRP also recorded a modest increase, but still hovers at the lower part of the price range at $ 2. From a table of a market observer called “Guy on Earth”, XRP held above a persistent horizontal trend line at $ 2.

Historical Russian Prix Mountains

In March 2017, XRP broke out, from $ 0.0055 to a summit of $ 3.80. After peaking at this top of all time in January 2018, he fell hard. XRP initially interrupted $ 2 on December 30, 2017. January 13, 2018 – two weeks later – he dived below. This initial test revealed that the level of $ 2 was more resistance than support for new buyers.

Reading related: the Taiwan official offers Bitcoin as part of the national reserve strategy

Break failure after the rally

XRP tried to exceed this level once again in April 2021. He culminated at $ 1.96 but could not progress. From January 2018 until December 2024, the $ 2 line acted as a ceiling. The merchants watched him to cap pricing for almost seven years. Whenever XRP was hitting this wall, it fell into the $ 1 area.

$ XRP

It is about as clean as possible.

This time, it’s different.

This time, it’s XRP. pic.twitter.com/9mk8qvuqvx

– Guy on earth (@Guyontheearth) May 9, 2025

Recent break above two

Based on the reports, XRP finally erased the trend line of $ 2 in December 2024, when wider markets jumped on an upward wave. Since then, the medal has remained above this line for almost five months. This is a first in the history of XRP. Although his rebound was not as fast as that of Bitcoin or Ethereum, maintaining this level longer than ever feels different.


Analysts’ predictions and warnings

According to “Guy on the Earth”, staying above $ 2 would open the way at higher prices. He previously predicted an increase at $ 3.30, which has already occurred. His next goal is based on $ 5.30, where he advises merchants to make profits. He said “this time is different” for Altcoin.

Broader risks and perspectives

This price trend is only half of history. Ripple’s legal battle against dry and regulatory updates for crypto would do the trick. Chain metrics such as active accounts or important transfers would put a certain perspective behind this $ 2 socket.

Merchants should pay attention to sudden tips in daily volume around this line. If XRP falls below $ 1.80 on a daily graph, some analysts will declare the invalid configuration. For the moment, however, many consider this extension greater than $ 2 as a signal that the next XRP act could be better than its previous one.

Felash star image, tradingView graphic





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