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XRP Price Prediction – Bulls Can Reclaim $2.6 Unless This Happens First
Ripple [XRP] has been stuck in a lower range below $2.6 since Q2, despite its impressive 2024 gains of over 300%. The altcoin’s inability to break above this level has led to stagnation, but there is still hope for bulls to reclaim the target unless a strong catalyst fails to emerge.
The last attempt by XRP bulls in May was rebuffed at $2.3, which doubled as both a mid-range level and supply zone. The price action has since been consolidating below the 200-day Simple Moving Average (SMA), indicating that bears have taken control of the market.
However, it’s essential to note that over 1 billion XRP tokens have been withdrawn from centralized exchanges in H1 2025, which is a significant indicator of accumulation. This sudden shift could provide a strong catalyst for a potential breakout if paired with an ETF or SEC lawsuit closure.
While XRP has struggled to clear the $2.3 mark, there’s still hope for bulls to reclaim the target unless a critical event fails to occur.
Source: ambcrypto.com
