The XRP price experienced a significant surge over the weekend, breaking through the consolidation phase. After forming a lower low, the token rebounded and was on track to surpass a key resistance level that had been hindering a strong bullish momentum. This upward movement coincided with claims made by the Ripple CTO alleging that Satoshi Nakamoto, the founder of Bitcoin, had accumulated a substantial amount of XRP.
As discussions around the possibility of an XRP bull run continue and ambitious price targets of over $10 or even $100 are being set, the question arises: can XRP make its way back to $3?
XRP Price Stuck Within an Equilibrium
Since the beginning of 2025, the XRP price has remained relatively stagnant, hovering below the $2.8 mark. Despite bouncing off the $2.2 support level, the token has struggled to break above $2.3, indicating a prolonged consolidation period. Additionally, the volume that accompanied the breakout in November 2024 has not been replicated, leading to concerns about a slow and steady consolidation phase for XRP.
The token is currently finding support at the 50-day Moving Average (MA) of $2.22, while facing resistance at the 200-day MA of $2.36. The presence of the 200-day MA as a resistance level suggests a bullish trend, supported by the rising Relative Strength Index (RSI). However, the daily RSI has not entered the overbought or oversold territories, indicating a lack of significant participation from both bulls and bears. This balance is keeping the price within a tight range, unable to break through either the resistance or support levels.
What’s Next? Will the XRP Price Reach $5 in 2025?
Looking ahead, XRP remains within a large bullish pattern with room for further consolidation, as the apex of the pattern is not yet in sight. Even if the price fails to surpass the resistance or experiences a pullback, bulls could potentially push the token towards the apex of a symmetrical triangle, with $2 serving as a strong base. A breakout from these levels could be imminent, with several factors influencing a potential rally to a new all-time high (ATH).
Factors that could contribute to an XRP price rally include a favorable outcome in the ongoing Ripple vs. SEC lawsuit, increased institutional adoption of RippleNet and its On-Demand Liquidity (ODL) services, developments on the XRP Ledger (XRPL) such as smart contracts or integration of automated market makers, Ripple’s global expansion into key regions, and a broader crypto market rally driven by macro trends or ETF approvals.
Considering the current market conditions and upcoming events in the second half of 2025, reaching $5 for XRP may prove challenging. However, the token could potentially surpass $3.5 and strive to reach $4, setting a new ATH in the process.