XRP Rises: Market Cap Hits $130 Billion
XRP recorded a nearly 6% increase over the past week, pushing its market capitalization back above US$130 billion for the first time since March 27, 2025.
According to information quoted from Beincrypto, XRP’s Relative Strength Index (RSI) surged to 76.19, entering the overbought zone for the first time since March 19.
Other technical indicators also show positive signals. The Ichimoku Cloud setup remains bullish, and the Exponential Moving Average (EMA) lines have formed consecutive golden crosses, indicating the potential continuation of an upward trend.
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Potential Price Targets and Key Support Levels
If this bullish momentum continues, XRP is expected to test the resistance range between US$2.50 and US$2.83.
However, if a correction occurs, the key support level lies at US$2.18, with further downside risk to US$1.61.
With supporting technical indicators and a rising market cap, XRP is showing strong bullish momentum.
Nevertheless, investors are advised to remain cautious of potential price corrections and to monitor the identified support and resistance levels closely.
