The XRP price has been a bright spot in the 2025 cryptocurrency market, showcasing resilience despite challenges such as US trade tariffs under President Trump. Initially dropping to $2.1, XRP has rebounded, gaining over 12% on February 14. A pseudonymous crypto analyst, Dark Defender, suggests XRP could reach new all-time highs around $8 in the coming weeks.
Recently, XRP surged to $2.8 following the SEC's acknowledgment of Grayscale's XRP ETF application, providing a springboard for further upward movement. Dark Defender highlighted resistance at $2.9, with potential progress to key Fibonacci levels at $5.85 and potentially $8.03, implying a 200% rally.
This bullish outlook is supported by a 'Golden Cross' in the daily Relative Strength Index (RSI) indicator, a sign of increased buying pressure as short-term averages cross above long-term ones, fostering extended bullish periods. However, failing resistance at $2.9 could see support around $2.44, with risks of falling to $2.3 if trends reverse.
Currently, XRP stands at approximately $2.7, recording over a 10% increase in the past 24 hours and a near 14% rise over the week, as per CoinGecko data.
