XRP News Today: XRP Surges 4.36% Reclaiming Key Levels Aims $2.50

XRP, the cryptocurrency associated with Ripple, has shown bullish signs after reclaiming key resistance levels. The recent performance of XRP indicates a potential surge to $2.50 within the week. Currently, XRP is trading at $2.26, marking a 4.36% increase for the day. Despite a broader cooling-off period over the past six months, with an 11.84% decrease, the token has still seen a 361% gain over the past year, highlighting its strong macro trend.

Over shorter timeframes, XRP has shown varied performance. It has increased by 4.47% in the last day, decreased by 0.19% in the last week, and decreased by 4.92% in the last month. However, year to date, it has increased by 8.88%. This data suggests that XRP is attempting to shift momentum from neutral to bullish, especially after holding the $2.10 support zone for the third time this month.

Technical analysis indicates that XRP has broken above a classic ascending triangle pattern forming above the key support at $2.10. This breakout has also seen XRP reclaim the 200 EMA ($2.21), a major trend filter on the 2-hour chart. Additionally, there have been three confirmed higher lows since early June, strengthening the bullish bias. The RSI is pushing into overbought territory, indicating strong momentum but also cautioning of potential short pullbacks before continuation.

The breakout above $2.25 opens up space toward $2.30 next, which is the immediate resistance. If bulls maintain control and broader market sentiment improves, $2.50 becomes a valid short-term target within the next 5–7 days. Given the current breakout structure, reclaimed EMA, and strengthening market tailwinds, including BTC recovery, XRP is well-positioned to target $2.30 in the short term and $2.50 within the next week. As long as XRP holds above the 200 EMA and maintains higher lows, the bullish thesis remains intact.

According to the analyst's forecast, the key support level to hold is $2.10. If XRP can maintain its current momentum and market conditions continue to improve, the cryptocurrency could see significant gains in the near future. The bullish signs and technical indicators suggest that XRP is poised for a potential surge to $2.50 this week.