XRP Price Forecast For April 23, 2025

XRP has broken decisively above the $2.20 resistance on the daily chart, signaling renewed bullish strength. Price now trades above the Bollinger Bands’ midline, with the upper band expanding suggesting growing upside volatility. This breakout follows a clear accumulation phase around $2.00–$2.10. With price holding above the 20-day simple moving average (SMA), the short-term trend has likely shifted in favor of the bulls. 4-Hour Chart Confirms Breakout Strength The 4-hour chart supports the bullish narrative. After consolidating, XRP retested $2.20 and rallied with strong volume, breaking above the upper Bollinger Band. This move followed a series of higher lows, forming an ascending triangle (a classic bullish continuation pattern). Bollinger Bands are widening again, and price is hugging the upper band, confirming momentum. 1-Hour Chart Points to Healthy Pullback On the 1-hour chart, XRP appears slightly overextended. Price remains near the upper Bollinger Band, and recent candle wicks suggest buying fatigue. A pullback to the $2.20–$2.18 zone is likely and would allow indicators to reset. The rising 20-SMA offers dynamic support, favoring a bounce from that range. 15-Minute Chart Offers Short-Term Entry Clues In the 15-minute timeframe, XRP is consolidating just below its recent high, forming a potential bullish flag. Bollinger Bands are squeezing, often a precursor to a breakout. Holding above $2.20 could set the stage for a push toward $2.25 and $2.35. A breakout above that level may trigger a quick rally. A drop below $2.18, however, could signal a move toward $2.15. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Fundamentals Reinforce Technical Outlook XRP is also benefiting from macro tailwinds. Progress in Ripple’s case with the SEC continues to boost sentiment. At the same time, real-world adoption of the XRP Ledger (XRPL) in cross-border payments adds utility. Broader crypto optimism—fueled by Bitcoin’s recovery—is also lifting altcoins, further supporting XRP’s momentum. Trade Setup and Risk Management A buy entry at $2.25 offers a solid risk-reward setup. TP1 is set at $2.35, aligning with the next resistance zone. TP2 can be targeted at $2.50, near the upper daily Bollinger Band. A tight stop loss at $2.14 helps manage downside risk and protects against sudden reversals. Intraday Price Range Expectation Today, XRP is likely to trade between $2.18 and $2.35. Maintaining support above $2.20 could lead to another leg higher, while a break below $2.18 may trigger a short-term dip toward $2.15. Traders should monitor volume and price structure closely for confirmation. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Price Forecast For April 23, 2025 appeared first on Times Tabloid .

Source: TimesTabloid