XRP Price Soars: Can It Hit $2.50 This Week?

XRP once again caught the attention of the market as its price rose to $2.17. This comes amid a more optimistic market and positive buzz about Ripple's ETFs. The token seems to be regaining confidence, especially as altcoin volumes surge across the board Is the price of XRP exploding? Why is the price of XRP rising today? Ripple's XRP has recently experienced notable growth, driven by a combination of macroeconomic and strategic catalysts. The broader recovery of risky assets — fueled by the Trump administration's decision to pause tariff enforcement — helped lift sentiment across crypto markets. However, the more specific catalyst for XRP was Ripple's acquisition of Hidden Road, a global brokerage and credit firm serving more than 300 institutional clients. With daily transaction volumes exceeding $10 billion and more than 50 million transactions processed through legacy systems, this acquisition could significantly expand the practical application of the XRP Ledger. If even a small portion of Hidden Road's payment flow were integrated into the XRP ecosystem, it would significantly improve XRP's utility and organization's demand profile. The price of XRP has increased on the day by about 0.8%, hovering around $2.15. The move coincided with the bullish crossover seen on the hourly chart, where the 50-day SMA crossed above the 100-day SMA. Volumes also rose sharply, reflecting increased buying interest. There are also reports that Ripple may be close to reaching a final settlement with the SEC—a long-lived cloud that has held back XRP's rally. That speculative hope is yielding short-term bulls. XRP Price Prediction: Will XRP Recover in 2025?

From a chart perspective, the daily candlestick has closed above the 20-day SMA for three consecutive sessions, indicating that a trend reversal is forming. With ADLs rising again, the accumulation looks strong. If the broader market sentiment remains the same and regulatory headlines favor XRP, then a recovery to $3 or more by 2025 is probable.

XRP's hourly chart shows a strong support group near $2.11–2.13, where the SMA 100 and SMA 200 are consolidating. The price bounced back from this level several times indicating that buyer interest is solid. On its daily chart, XRP just broke through the 50 SMA and is now heading towards the 100 SMA near $2.24. If this resistance level breaks, $2.50 could be next. The accumulation/distribution curve is (ADL) rising, indicating that buyers are gradually regaining control. XRP Price Prediction for This Week In the short-term, XRP looks poised to test the $2.24–2.30 resistance zone. If it breaks out of this zone with volume, expect a quick move to $2.50. However, if faced with a rejection, the price can slide back to the $2.05 support level. The market is cautiously bullish—not too excited, which is usually a good sign for steady gains. Should You Buy XRP Now? With bullish momentum taking shape, XRP looks attractive to short-term traders aiming for the $2.50 range. Long-term holders may want to keep a close eye on the Tariff Schedule. But overall, the chart is warming up, and XRP may be waking up from a months-long sleep.