XRP Price Holds at $2.25 on April 30 – Is a Breakout Coming?

Over the past 24 hours, XRP price has witnessed a short decline of approximately 1.1%, pushing its price to $2.22 and stabilizing near $2.25. This price action reflects a mix of minor pullbacks and brief recovery attempts. On April 30, 2025, the overall volume of XRP hinted at steady market momentum despite this short-term dip. Hence, investors are closely watching the price action to find the right time to invest in XRP. Here’s the last 24-hour performance of XRP, which offers key insights for traders to find whether it exhibits a potential breakout or breakdown. 

XRP Fluctuates Within Trading Range – April 29, 2025

At the beginning of the trading day on April 29, 2025, the Ripple price movement began with a brief rise. At 01:45 UTC, a pin bar formed as a signal bar, followed by a key bar, a full-body red candle, which hinted at a potential downtrend. Likely, at $2.3107, XRP resisted and entered a downward channel. A Death Cross on moving crossovers asserted this downtime. However, at 04:50 UTC, an RSI Oversold condition occurred, indicating a potential trend reversal. As a positive scope, at 05:55 UTC, the price found support at $2.2652 and began to experience an uptrend. A Golden Cross on MACD at 06:10 UTC reassured this uptrend.

XRP/USDT daily chart, analyzed by Buvaneswari_L, published on TradingView, April 30, 2025

Later, at 09:55 UTC, a pin bar formed and tested resistance at $2.3043 and pushed XRP to $2.2652. A Death Cross confirmed this downtrend on moving crossovers at 10:30 UTC. Conversely, at 13:25 UTC, support was found at $2.2652 and moved in an upward channel. A Golden Cross on MACD at 13:35 UTC affirmed this upward momentum. Notably, at 16:45 UTC, the XRP price movement resisted at $2.3043 and experienced a short-term fall. A Death Cross on MACD at 16:55 UTC confirmed this short-term fall. 

Shortly after, at 17:05 UTC, support was found at $2.2857 and experienced a short-term bullish momentum. However, a pin bar, followed by a key bar, signaled a potential downtrend. Likely, the price resisted at $2.2996, led to a breakdown, and pushed to the low of $2.2230. At 23:10 UTC, an RSI Oversold zone occurred and indicated a potential trend reversal. As expected, support was found at $2.2230, moved up, and closed at $2.2417. A Golden Cross on MACD at 23:35 UTC reaffirmed this upward movement. 

XRP Rebounds From $2.2230 – April 30, 2025

Following the preceding day’s uptrend, April 30, 2025, XRP price movement continued its uptrend. At 00:40 UTC, a pin bar, followed by a key bar, a full-body red candle, coincides with a Death Cross on MACD, signaling a potential downtrend. Likely, the price resisted at $2.2502 and experienced a short-term fall. At 01:50 UTC, support was found at $2.2265 and moved in an ascending channel. Later, at 05:25 UTC, the price broke the key resistance and was eyeing a breakout. But, an RSI Overbought zone at 05:35 UTC, signaling a trend reversal. 

Will XRP Price Exhibit a Breakout?

In today’s price analysis, it is clear that the Ripple price is projected to undergo a bullish sentiment. Since the RSI Overbought zone was encountered at $05:35 UTC, there is a high possibility of exhibiting a short-term downtrend. In a possible scenario, if XRP leads to a breakout, it could bounce back to its previous high. If it leads to a fake breakout, XRP could be pulled back and experience a sharp decline. Since the price action is experiencing notable shifts, investors should closely monitor the key levels before getting involved in XRP investment.