TLDR
- XRP price has rallied 7% to reach $2.24, facing key resistance at $2.40
- Crypto expert EDO FARINA suggests holding 10,000 XRP tokens for “financial freedom”
- Analysts predict potential breakout to $2.70 after forming inverse head and shoulders pattern
- XRP recorded $37.7 million in weekly inflows, ranking third in year-to-date fund flows
- Market pundit “Fefe” who correctly predicted earlier price movements forecasts XRP reaching $10+
XRP (XRP) price has surged to $2.24, showing strong momentum in a broader crypto market uptrend. The digital asset, created by Ripple, has gained investor attention after breaking through key resistance levels and receiving positive analyst forecasts, including predictions of potential all-time highs.
The recent 7% price increase comes as crypto expert EDO FARINA advised traders to consider holding at least 10,000 XRP tokens. According to FARINA, this amount could lead to “financial freedom” if Ripple outperforms the broader crypto market. At current prices, 10,000 XRP tokens would cost approximately $22,400.
Technical analysis supports a bullish outlook for XRP. The cryptocurrency has overcome resistance at the 50-day Exponential Moving Average (EMA) of $2.19. The daily Relative Strength Index (RSI) has crossed above 50, indicating bulls have taken control of price action.
Several analysts have shared positive XRP price forecasts. Analyst DonAlt expects Ripple to be among the top performers in this market cycle after bouncing from recent lows. He suggested that if XRP holds support at $2.15, it could fuel a breakout to $2.72.
Ali Charts noted that XRP is on the verge of a bullish breakout after forming an inverse head and shoulders pattern. According to the analyst, this breakout will be confirmed if Ripple breaks resistance at the neckline of $2.40.
$XRP appears to be forming an inverse head and shoulders pattern, potentially setting the stage for a bullish breakout toward $2.70. pic.twitter.com/LnhRA0zUqV
— Ali (@ali_charts) April 23, 2025
Investment Flows Show Strength
CoinShares’ latest weekly report reveals that crypto investment products registered slight net inflows last week, with a total of $6 million entering the market. Regional trends were mixed, with the United States leading weekly outflows.
XRP showed strength amid this uncertainty, recording weekly inflows of $37.7 million. This performance has elevated the token to third place in year-to-date fund flows, just behind Ethereum, with a total of $214 million in net inflows since the beginning of 2024.
The contrast with Ethereum is notable. ETH faced ongoing outflows, continuing an eight-week trend with a further $26.7 million in withdrawals last week. This brought total crypto outflows since the start of the recent streak to $772 million.
Historic Prediction Accuracy
A market analyst with the handle “Fefe” has gained attention after correctly predicting XRP’s recent price movements. Fefe made three predictions in March when XRP was trading below $2, suggesting the asset would recover to between $2.2 and $2.4, then dump to the $1.4 to $1.7 range, before embarking on a massive rally beyond $10.
2 price points reached, 1 to go#XRP https://t.co/KSx2UOxlR5
— FeFe (@fefe01101100) April 22, 2025
The first two predictions materialized precisely. XRP rallied 17.44% after the March 11 post, hitting a peak of $2.5 by March 19. It then dropped to a five-month low of $1.61 on April 7, matching the second prediction.
Now two of Fefe’s three predictions have come true, with the analyst expecting the third target of XRP exceeding $10 to materialize next. For context, XRP witnessed a 566% rally from November 2024 to mid-January 2025, surging from $0.5089 to $3.39. Given this history, a 350% increase from current levels to reach $10 could be within reach.
Several other analysts have also projected a rally to the $10 mark, citing different timeframes. Ryan Lee, Bitget’s Research Chief, predicted XRP could surge to $10 by 2030. The Modern Investor suggests this rally is “incoming,” while analysts at Changelly expect XRP to claim $10 in 2029.
XRP’s technical outlook remains positive as long as it maintains support above $2.20. If bulls maintain control, Ripple could turn this resistance level into support and flip the entire market structure to bullish. This could enable the cryptocurrency to rally past $2.70, potentially extending towards fresh all-time highs.
However, if XRP loses support at $2.20, it could resume its bearish trend. While holding 10,000 XRP tokens could offer returns, it also carries risk as with any cryptocurrency investment.
The asset now trades at $2.22, up 6.94% in the past 24 hours. XRP’s resilience in the face of broader market uncertainty has been reflected in recent fund behavior and continues to draw attention from investors allocating capital to diversified crypto asset portfolios.
