XRP Approaches Crucial $2.5 Threshold: Will It Continue Its Ascent?
Crypto Bits/Markets

XRP Approaches Crucial $2.5 Threshold: Will It Continue Its Ascent?

XRP is currently priced at $2.15, reflecting a 12% increase over the past week. Analysts are closely observing the $2.5 mark, which is significant for the future price of the cryptocurrency.

XRP is currently trading at $2.15, marking a 12% increase over the last week. It started 2026 robustly, but all eyes are on the $2.5 resistance level, a crucial technical point that could determine whether the rally continues or falters.

The Significance of the $2.50 Level

The 50-week simple moving average (SMA) has historically served as a pivotal trend indicator for XRP. In previous cycles, such as 2018, 2022, and 2024, dropping below this level led to significant market shifts. As of October 10, 2025, XRP once again fell below the 50-week SMA.

Currently, this moving average hovers around $2.5, catching the attention of many market participants. Analyst Steph Is Crypto remarked on the importance of this price zone, indicating that until it is regained, traders should remain wary of potential downturns.

“A weekly close above $2.50 would open the door for the bull market to resume,” he noted.

Furthermore, ChartNerdTA compared the current market conditions with those of 2016 when XRP experienced a similar double top formation before a substantial rally in 2017.

2026 may be a landmark year,” he commented, suggesting this could indicate repeating patterns from past market cycles.

Analyzing Market Cycles

Analyst CW presented a perspective based on a four-phase market cycle, marking XRP’s transition into Phase 4 following prolonged sideways movement. This model targets previous highs and a secondary goal of $21.5, derived from a Fibonacci extension.

The historical cycle from 2014 to 2017 mirrors XRP’s current trajectory, raising speculation that a breakout above long-term resistance could signal a repeat of these patterns.

CryptoWZRD also pointed out that XRP is performing well against both USD and BTC. “Holding above $2.10 could provide upward momentum,” he suggested, noting that XRP recently surpassed $2.12 with significant trading volume.

While ETF demand and dwindling exchange supplies may aid buyers, short-term signs indicate a possible decline. Traders are keenly monitoring whether XRP can maintain critical support levels.

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