The XRP has recently been damaged from a multi-month down wedge, which signed a potential return after the largest downtrend of 2025. Trading at $ 2.22, cryptocurrency appears to be entering a new stage of the bullish momentum.
This change may mark the end of the ongoing price drop that began in January, which sets the stage for further growth.
XRP holders hold
The dominance of short -term holders has significantly refused, indicating a positive transfer to the market dynamics for XRP. According to the Hodl Waves, the supply of investors holding between 1 and 3 months dropped from 12% to 6% in two months.
This shift suggests that more short-term holders move to mid-term holders, reducing the likelihood of immediate sale. The maturation of these handles is a positive signing, as it indicates greater stability and less -selling pressure in the short term arising from price recovery confidence.
XRP macro momentum shows promising signs as cryptocurrency pulls away from a potential cross cross, which can sign a significant decrease in price. The 50-day exponential transfer of average (EMA) is currently trending upward, providing support for XRP as it moves to bearish territory. Candles are also positioned above the 50-day EMA, which sign that altcoin gains strength and may continue its upward movement.
The pullback from the death of death and the upward movement of the 50-day EMA provides technical evidence that XRP prices can continue to rise. Moving this momentum, accompanied by improving the market emotion, suggests that XRP sets itself for a potential rally. Investors are about to watch these indicators as signs of additional recovery.
XRP price aims at a rally
The XRP is currently trading at $ 2.22, destroying a close 5-month-long descending wedge. If this breakout continues, it will mark the end of the biggest downtrend of the year, which began in January. The next major objection is at $ 2.38, and a successful breakout above this level can signal an additional upward movement for XRP.
If the XRP retains its current bullish trajectory, altcoin can increase to $ 2.56 after the $ 2.38 resistance is broken. Flipping $ 2.56 in support will further confirm the breakout and indicate that XRP enters a longer stage of growth. This will set the stage for continued price appreciation.
However, if the XRP fails to break the $ 2.38 resistance, the price can return to $ 2.02. Losing a $ 2.16 support level will prove to the bullish thesis, which signaled a potential emotional return and a continuation of the downtrend. The next few days will be important in determining whether the XRP can maintain the upward momentum or deal with further decline.
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