Ripple Price Analysis (Weekly): XRP Attempts Breakout Above $2.3511 – Can Bulls Maintain Momentum?

Are you tracking the Ripple price action and wondering what’s next? XRP price today reflects a volatile week, with Ripple price analysis showing an early downward move before buyers regained control. After finding strong support, the price rebounded into an upward channel, with bullish momentum building throughout the week. However, resistance at higher levels led to a breakout attempt, followed by selling pressure that created uncertainty about the next move. As Ripple price prediction suggests, traders are now watching whether XRP will sustain its breakout or face a pullback. Let’s analyze the key trends shaping this Weekly Ripple Price Analysis of March 9-15.

Ripple Sharp Drop from $2.3511 Finds Support at $1.8999

The trading week for Ripple (XRP) began on March 9th, with the price initially finding resistance at $2.3511. A death cross at 9:00 UTC triggered a sharp downward trend, pushing the price lower. Oversold conditions were observed between 10:00 UTC and 14:00 UTC, followed by another round from 15:30 UTC to 18:00 UTC, further intensifying selling pressure. By 19:30 UTC, a golden cross emerged, signaling a potential reversal, and the price moved upward.

Chart 1, Analyzed by ShwetaCW, published on TradingView, March 15, 2025

On March 10th, the upward trend persisted until 13:30 UTC, when another death cross suggested renewed bearish momentum. An oversold situation at 18:30 UTC further dragged the price downward. However, on March 11th, a golden cross at 1:00 UTC helped the price establish support at $1.8999. Shortly after, at 2:00 UTC, another golden cross fueled an upward channel. This bullish structure remained intact, with XRP continuing its gradual ascent within the channel until March 15th.

XRP Breakout at $2.4751 After Sustained Uptrend

On March 12th, the upward channel continued, with the price fluctuating moderately. This pattern persisted on March 13th until a death cross at 2:30 UTC triggered a slight downward movement. However, a golden cross at 9:00 UTC pushed the price back upward. A death cross at 16:00 UTC suggested another downward move, but at midnight on March 14th, a golden cross reignited the upward trend, continuing the previous upward channel.

As shown in Chart 1, on March 15th, overbought conditions on the RSI at 15:00 UTC led to a breakout attempt at the resistance level. The price broke through and struggled to hold above resistance. Another overbought signal at 15:30 UTC drove the price to its weekly high of $2.4751. However, a death cross at 6:30 UTC hinted at a possible downward move. Whether this breakout holds or turns into a fakeout depends on the price’s next movement.

Ripple Price Prediction: Will XRP Hold Its Gains or Retrace?

Over the past week, Ripple price analysis highlighted a mix of bearish and bullish movements, with XRP price today reflecting both a downward channel, an upward channel, and a potential breakout. If selling pressure intensifies, XRP could retest key support at $1.8999, while resistance at $2.3511 may act as a barrier. However, if bullish momentum prevails, Ripple price prediction suggests a potential push toward the $2.500 to $2.600 range or higher. Traders are now closely watching whether XRP can sustain its gains or face a correction in the coming sessions.