Additionally, he pointed out that the RSI (Relative Strength Index), which had been falling for months, was starting to increase. This suggests a possible bullish trend when momentum shifts in favor of buyers.

The trading strategy proposed by Cryptarch_ is to purchase XRP at $2.10 and place a stop-loss at $2.00. This setup limits possible losses if the market moves against the trade while expressing confidence in the rise.

Cryptarch_ has plotted a multi-step rally for XRP on his price chart, where the price will rise as it tests out several significant resistance levels denoted by horizontal purple lines. The levels at $2.49, $3.00, and $3.39 are critical.

Since XRP recently saw a notable rally at that price level on March 2, 2025, the $3 level is fundamental among them. It would be a very strong support area if it could break and maintain over $3, setting up a subsequent move to the $6.5 goal.

With a slightly higher potential aim of $6.82, the expert predicts that Ripple XRP price will rise to $6.5. To make a safe profit before the next strong resistance level is reached, he suggests closing at $6.5.

Saturday, May 10, 2025, is one date to watch. At that point, XRP may either overcome the $3 resistance and rise, or it may be rejected and fall back below $1.61. Whether the bullish thesis materializes or is pushed further back may depend on this date.

Here, Bitcoin’s performance is also quite important. BTC may boost the altcoin market as a whole if it stays above $89,000. The current price of $91,872 for Bitcoin supports the idea that XRP and other coins will follow suit in a general market rise.