{"id":1755,"date":"2025-03-31T16:35:00","date_gmt":"2025-03-31T15:35:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=1755"},"modified":"2025-03-31T16:17:35","modified_gmt":"2025-03-31T15:17:35","slug":"ripple-xrp-this-week-price-analysis-2-50","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/ripple-xrp-this-week-price-analysis-2-50\/","title":{"rendered":"Is $2.50 on the Horizon for Ripple (XRP) this Week ? Price analysis inside !"},"content":{"rendered":"\n

A Support Above $2 or a Sharp Drop<\/strong><\/h2>\n\n\n\n

The price of Ripple (XRP)<\/a><\/strong> had a turbulent week, experiencing a 17% drop<\/strong> over the past three days. However, despite a 6%<\/strong> decline in the overall crypto market on Sunday, XRP managed to stay above the $2<\/strong> threshold.<\/p>\n\n\n

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\"XRP<\/figure>\n<\/div>\n\n\n

This resilience is partly explained by bullish signals from the derivatives market. Coinglass analysts noted a significant 125.93% increase<\/strong> in XRP options contracts volume, with a 149.56%<\/strong> rise in open interest. This increased speculative activity suggests that investors are betting on a price rebound in the days to come.<\/p>\n\n\n\n

However, the BTC<\/a> correction does not seem to be over, and Ripple’s token could break this support today. With a trendline at $1.96<\/strong>, XRP will need to bounce back between $1.96 and $2<\/strong> in case of a drop during the day.<\/p>\n\n\n\n

A Context to Monitor<\/strong><\/h2>\n\n\n\n

However, the price evolution of XRP<\/a> is still dependent on regulatory developments in the United States. Traders will closely monitor the confirmation process by the U.S. Congress of Paul Atkins’ appointment<\/strong> as the SEC Chairman. If this candidate, who is more crypto<\/a>-friendly, is approved, it could positively influence market sentiment.<\/p>\n\n\n\n

Conversely, a rejection by Congress could fuel investor fears and lead them to unwind their XRP <\/strong>positions, causing the price to drop below $2<\/strong>.<\/p>\n\n\n\n

Bullish Outlook for Ripple (XRP)<\/strong><\/h2>\n\n\n\n

Despite these regulatory uncertainties, technical signals and derivative market data indicate a positive trend for Ripple price<\/strong> in the days ahead.<\/p>\n\n\n

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\"Ripple<\/figure>\n<\/div>\n\n\n

Analysis of the charts shows that XRP has formed a bearish pennant on the daily timeframe, but the Keltner band is tightening, indicating a potential bullish breakout. Crossing the midline at $2.30<\/strong> could pave the way for a test of the resistance at $2.58<\/strong>, setting a price target of $2.50<\/strong> for next week.<\/p>\n\n\n

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\"Ripple<\/figure>\n<\/div>\n\n\n

Furthermore, the long\/short ratio of traders<\/a> on Binance shows a slight bullish bias,<\/strong> while the long\/short accounts ratio stands at 3.1,<\/strong> reinforcing investor optimism.<\/p>\n\n\n\n

The RSI <\/strong>also displays a bullish divergence <\/strong>in 3H. The 50-day moving average at $2.32<\/strong> must be surpassed and turned into support to consider this bullish rebound.<\/p>\n\n\n\n

Should You Buy Ripple (XRP) ?<\/h2>\n\n\n\n

In summary, the price of Ripple (XRP)<\/strong> seems well-positioned to initiate a rebound <\/strong>this week. Although the regulatory landscape remains uncertain, technical data and signals from derivative markets suggest a price recovery towards $2.50<\/strong>.<\/p>\n\n\n\n

XRP traders <\/strong>should, however, remain vigilant about the volume evolution and chart patterns, which could determine the strength of this potential rise<\/strong>. Overall, the indicators are favourable for a renewed momentum for XRP in the days to come.<\/p>\n\n\n\n

Here is a detailed guide on buying XRP on the Weex platform<\/strong> before its potential 20% rebound<\/strong>:<\/p>\n\n\n\n

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  1. Create a Weex account<\/strong>
    Visit the     official Weex website<\/a> and sign up with your email or phone number. Confirm your registration to access the platform.<\/li>\n\n\n\n
  2. Verify your identity (KYC)<\/strong>
    Complete the KYC verification by submitting an ID document and, if required, proof of address. This quick step is necessary to access all trading features.<\/li>\n\n\n\n
  3. Add funds<\/strong>
    Go to “Deposit” and fund your wallet with cryptos (USDT, BTC, etc.) or via fiat (credit card, bank transfer, where available). Follow the instructions to finalize.<\/li>\n\n\n\n
  4. Go to the market<\/strong>
    Access “Trading Spot,” search for “XRP” in the dedicated bar, and select the XRP\/USDT pair to open the interface.<\/li>\n\n\n\n
  5. Make the purchase<\/strong>
    Choose a market order for an instant purchase or a limit order to set a specific price. Enter the desired quantity of XRP, review, and confirm your transaction.<\/li>\n<\/ol>\n\n\n\n
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    Complete your KYC and earn $10 !<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n