XRP’s recent price action has drawn attention within the crypto community, as highlighted in a chart shared on X by Dark Defender (@DefendDark). The analysis indicates that XRP has broken above the Ichimoku cloud on the daily timeframe, a development often viewed as a sign of potential bullish momentum. The Ichimoku cloud is a technical indicator that provides insight into an asset’s support, resistance, and potential trend direction. In this case, XRP’s move above the cloud aligns with growing optimism about its market performance. The chart also displays bullish signals, including a notable RSI golden cross. $XRP Daily Break Leaving the Ichimoku Clouds. Road 2 XX pic.twitter.com/PuvSilun1G — Dark Defender (@DefendDark) January 11, 2025 RSI Golden Cross Strengthens Bullish Narrative The Relative Strength Index (RSI) is another key indicator for traders to assess momentum. The chart points to an RSI golden cross, where the shorter moving average of the RSI crosses above the longer moving average. This event is commonly interpreted as a shift towards bullish momentum. As XRP’s price moves upward, the RSI reflects improved sentiment, reinforcing the potential for sustained upward movement. The golden cross within the RSI adds further weight to the argument that XRP could see additional gains soon. XRP recently formed a death cross, its first bearish technical indicator in 2025. This RSI golden cross is a welcome development, as it could help counter the negative effects of the digital asset’s recent death cross, and will contribute to XRP’s rally to Dark Defender’s targets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Key Levels to Watch The chart highlights key price levels for XRP. The 0% Fibonacci retracement level, marked at $2.5073, and the 70.20% level at $2.1370, are significant benchmarks. The $2.5073 was a crucial resistance level, and XRP’s surge on Saturday pushed it above this level, turning it into support. The digital asset is currently trading at $2.83, and one potential target is XRP’s 2024 peak price of $2.907. While there is massive potential for a price surge, if XRP breaks below $2.5073, it could find support at $2.1370, before a strong rebound to test higher levels. If the asset can maintain its momentum, other analysts have pointed to potential targets, with one notable analyst recently predicting a run to $15 by early March . XRP seems to be building up for a massive run in 2025, and only time will tell how high it can climb this year. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Daily Break Leaving Ichimoku Clouds, Analyst States Its Significance On XRP Price appeared first on Times Tabloid .
