Altcoins on the Rise: Ripple's XRP Poised for a Parabolic Pump to $3.30 in Altseason Peak

Sunday, May 4, 2025 6:07 am ET2min read

Altcoins, including Ripple's XRP, are looking towards upward movement as Bitcoin inches towards its 6-digit targets. Analysts expect XRP to pump over $3.30 in the altseason peak phase and potentially hit new ATHs over $5 this bull cycle. XRP's price has already pumped exponentially twice this cycle and is inching closer to its previous ATH target of $3.84. The asset's stagnant growth and decline in the previous cycle were due to its long-fought battle with the SEC, but it has now won and is prepared to run to new ATH prices.

Ripple's XRP, the fourth-largest cryptocurrency by market capitalization, is experiencing a significant resurgence as the broader crypto market anticipates key economic data releases. Analysts are optimistic about XRP's potential to pump over $3.30 during the altseason peak phase and even reach new all-time highs (ATHs) above $5 in this bull cycle. XRP's price has already shown exponential growth twice this cycle, inching closer to its previous ATH target of $3.84.

XRP's recent price movements have been driven by a combination of technical indicators and market sentiment. The asset has been trading within a tight intraday range of $2.15 to $2.24, with a current price of $2.22 [1]. The 1-hour chart indicates a recovery trajectory following a sharp dip, with consistent buying interest and micro support established at $2.20. Short-term resistance has formed around $2.25, and the preferred strategy involves entries between $2.20 and $2.22, targeting exits near $2.26 to $2.30 [1]. However, a decisive breakdown below $2.18 would nullify the bullish case.

On the 4-hour chart, XRP is consolidating after a robust rally, creating a structure of higher lows and maintaining short-term support at $2.15. A notable volume spike around April 30 signals a classic shakeout, often indicative of a market clearing weak hands before a breakout. Resistance continues to cap price action in the $2.30 to $2.35 zone, a level that has repeatedly been tested but not decisively breached [1]. Traders are closely monitoring this tightening consolidation, with potential entries near $2.20 to $2.22 and profit-taking advised near the $2.34 to $2.36 range, while keeping stop-loss orders just under $2.14.

The daily chart portrays a broader bullish recovery from a mid-April low of $1.611 to a recent local peak around $2.35. Although volume has tapered following the initial surge, this pattern suggests a constructive pullback rather than a breakdown. Strong horizontal support lies between $1.60 and $1.70, while resistance at $2.30 to $2.35 remains the primary barrier to further gains. Momentum is rebuilding, and market participants are evaluating entries near the $2.10 to $2.15 zone. A breakout above $2.35 could attract increased volume and bullish continuation toward new highs [1].

XRP's oscillators offer a neutral-to-positive outlook, with the relative strength index (RSI) at 54.24 indicating neither overbought nor oversold conditions. The Stochastic oscillator at 55.68 and the commodity channel index (CCI) at 67.05 also point to neutral sentiment, aligning with a consolidative market. The average directional index (ADX) at 13.49 suggests a lack of strong directional trend, while the Awesome oscillator at 0.13 and momentum indicator at 0.14 lean toward a mild bullish bias. Notably, the moving average convergence divergence (MACD) level at 0.02462 signals positivity, reinforcing the potential for an upside breakout [1].

The outlook from XRP’s moving averages is predominantly bullish. The exponential moving average (EMA) and simple moving average (SMA) across 10-, 20-, 30-, 50-, 100-, and 200-periods show widespread bullish signals, except for the simple moving average (SMA) at the 100-period, which indicates negativity at $2.38965. Prices remain above most key averages, with the exponential moving average (EMA) for the 100-period near $2.22 aligning closely with current prices. This convergence underscores market equilibrium and may act as dynamic support. As long as XRP holds above the $2.20 threshold and continues forming higher lows, the broader technical structure supports a moderately bullish bias [1].

Analysts expect XRP to pump over $3.30 during the altseason peak phase and potentially hit new ATHs over $5 in this bull cycle. The asset's stagnant growth and decline in the previous cycle were due to its long-fought battle with the SEC, but it has now won and is prepared to run to new ATH prices. The recent surge in trading volume, which reached $3 billion in the past 24 hours, may signal that buyers and sellers are actively repositioning in anticipation of the next move [3].

References:
[1] https://api.news.bitcoin.com/wp-json/bcn/v1/post?slug=xrp-price-analysis-moving-averages-align-in-bullish-formation
[2] https://cryptodaily.co.uk/2025/05/the-best-altcoin-charts-for-this-bull-market-ripple-xrp-binance-coin-bnb-and-sui-sui
[3] https://u.today/3-billion-in-xrp-as-price-makes-u-turn

Altcoins on the Rise: Ripple's XRP Poised for a Parabolic Pump to $3.30 in Altseason Peak

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