XRP jumped over 7% in the past 24 hours, recovering from last week’s sharp 0 asset moved from $2.37 to $2.59, adding roughly $30 billion to its market value. Meanwhile, trading volume rose 17% to $9.6 billion as large buyers stepped in following a tariff-driven selloff. Long-Term Pattern Suggests Higher Targets A chart shared by ChartNerd shows XRP breaking out of a multi-year triangle pattern, which began forming in 2018 and saw a clean breakout in late 1 then, Ripple’s token has followed a curved support path, which has held across several key price 2 on this structure, price projections are placed at $14 and $28. These targets come from commonly used Fibonacci extension levels (1.414 and 1.618).) October 13, 2025 The long lower wick on the candle suggests that buyers stepped in quickly after the 3 strong bounce back and a rise in trading volume point to a possible shift in momentum.
Short-Term Chart Still Faces Resistance On the 4-hour chart, XRP has moved back above the 20 EMA, now sitting at $2.56. This shows early signs of strength after the recent 4 asset is now holding at around $2.60. However, XRP still trades below the 50 EMA ($2.69), 100 EMA ($2.79), and 200 EMA ($2.86). These moving averages are often seen as short-term resistance.
A clear move above them would signal a stronger 5 that happens, caution remains in place.) is presently near the 51 mark, which is an increase from a value below 30 given two days 6 momentum is getting better as indicated by a value above 7 price staying above $2.60 has resulted in this bounce back of the 8 case XRP breaks resistance in the near future, the RSI might keep going 9 now, the trend is still unclear; however, the fast recovery has made the asset noticeable again.
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