Price Breakthrough Forecast: The Next XRP Rally Could Be Here Soon

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Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

Part of the Team Since

Sep 2022

About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

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Last updated: 

February 9, 2025

XRP has been caught in a tight range, leaving traders wondering if the next move will be a breakout or another leg down. Looking at past price action, EGRAG CRYPTO points out that long-term holders who bought XRP below $1 in previous dips were the ones who benefited the most.

Back in July 2023, XRP surged 230%, but not before going through two major pullbacks of 54.65% and 59.73%.

If history repeats itself, we could be looking at another big buying opportunity. Applying those same percentage drops to the recent $3.40 high, XRP could revisit levels around $1.54 or even $1.37.

While there’s no guarantee, traders watching historical cycles see these as important accumulation zones.

Is XRP Gearing Up for a Breakout?

Right now, XRP is hovering between Fib 0.5 at $2.45 and Fib 0.382 at $2.27, meaning it’s stuck in a consolidation phase.

If it can push above the 21-day EMA at $2.70, it could gain momentum. The real test, however, lies at Fib 0.702 at $2.80—a breakout above this level would confirm that bulls are back in control.

On the flip side, XRP’s bigger range is between $2.06 and $2.65, so if it struggles to hold support, we could see further downside.

That said, even if XRP dips below $1.77, it doesn’t necessarily mean the bull trend is over. If history tells us anything, quick recoveries have happened before.

What’s Happening With XRP Now?

XRP is currently trading at $2.39, down 1.53% over the past 24 hours. Despite holding its spot as the fourth-largest cryptocurrency with a $138 billion market cap, the momentum still favors sellers.

The 50-day EMA at $2.55 is acting as a ceiling, keeping price movement restricted. There’s also a descending trendline around $2.50, which XRP has struggled to break.

To make matters worse, the “three black crows” candlestick pattern on the 4-hour chart suggests that bearish momentum is still in play.

If XRP can hold $2.25, we might see another attempt at recovery. However, if that level gives way, $2.01 and $1.76 become the next downside targets.

On the upside, reclaiming $2.50 would be the first step toward a rebound, with $2.71 and $2.91 as key resistance levels.

While assets like XRP battle market volatility, Solaxy ($SOLX) is carving out its niche by addressing scalability and transaction costs on Solana.

Solaxy ($SOLX): Solana’s First Layer 2 Scaling Solution

Solaxy ($SOLX) is making headlines as Solana’s first Layer 2 scaling solution, designed to ease network congestion and dramatically lower transaction fees. As Solana adoption accelerates, demand for faster, cost-effective transactions is rising—and Solaxy is stepping in to bridge the gap.

Why Solaxy is Gaining Momentum

Investors are taking notice. Over $19 million has been raised in its presale, and the project has amassed a rapidly growing X community of 66,000+ followers. Beyond just improving scalability, Solaxy ensures seamless interoperability with Ethereum and other major blockchains, positioning itself as a key infrastructure upgrade.

One of Solaxy’s standout features is its high-yield staking, offering 214% APY, with over 5.37 billion $SOLX tokens already staked. As the presale nears its final phase, the current price stands at $0.00163, with the next increase just around the corner.

Final Call Before the Next Price Hike

With increasing adoption and Solana users looking for scalability solutions, Solaxy positions itself as a key player in the ecosystem. If you’re considering an early entry, now is the time to act before the next price jump.