XRP Surges 13.7% as Rare Bullish Cross Signals Potential Rally
From Yahoo Finance: 2025-04-14 10:44:00
XRP has shown impressive strength with higher lows and higher highs, recently breaking above $2.07 resistance with 240M in trading volume. Market experts project targets between $10-$20, citing a compelling technical setup and an ascending triangle pattern that could trigger a move toward $2.40. The XRP/BTC chart shows a bullish crossover, signaling potential for further gains.
XRP surged 13% to $2.24, supported by strong volume and forming a bull flag pattern with targets at $2.28 and $2.35. A rare bullish cross between the 55-week EMA and 155-week MA hints at massive price growth. The broader market also saw positive movement, with the CoinDesk20 index rising 8.3%.
Recent price action for XRP demonstrates resilience, with buyers stepping in at dips, leading to a 0.77% gain within 100 minutes. Notable breakouts and volume spikes confirm bullish sentiment, with an ascending channel forming support at $2.148 and resistance at $2.160. Key resistance levels are being closely monitored.
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