XRP Price Surges Past $2, Eyes $2.50 as Bullish Momentum Builds

XRP has officially broken above the critical $2 level, signaling a strong bullish trend that could push prices toward the $2.50 mark. The asset recently reclaimed its 200-day Exponential Moving Average (EMA), a key indicator often used to confirm trend reversals in crypto markets. This technical milestone marks a major shift, with the 200 EMA now acting as support rather than resistance.

After months of trading within a descending price channel, XRP bounced off its lower boundary, triggering a renewed wave of optimism. The daily chart now shows upward momentum, backed by growing trading volume—a sign of rising investor participation and confidence. With the RSI still below overbought levels, bulls may have more room to push prices higher before encountering exhaustion.

Key resistance zones lie ahead at $2.20 and $2.27, areas that previously saw significant selling pressure. If XRP breaks through these barriers with strong volume, a rally to $2.50 becomes increasingly likely. The $2.50 level is not only psychological but also aligns with the upper edge of the descending channel, making it a significant target for traders.

XRP’s overall technical setup has improved substantially, supported by the 200 EMA crossover, increased volume, and positive price structure. As long as the asset maintains support above $2, the path toward further gains remains viable. Sustained momentum could attract fresh capital and reignite long-term interest in XRP as a leading digital asset in the altcoin space.

With bullish sentiment building and market signals aligning, XRP appears poised for further upside, with $2.50 firmly in sight as the next critical price milestone.