XRP posted a significant recovery on April 11, closing the day at $2.0572—up 1.72% from the previous session. More importantly, it broke above the $1.9981 resistance, a pivotal level that has acted as both support and resistance since late 2024. This daily close marks a structural shift, suggesting bulls are regaining control after a prolonged downtrend. If this momentum holds, XRP could be poised for further upside in the coming sessions. Candlestick Structure Confirms Buyer Strength The candlestick pattern offers early signs of a reversal. April 7 printed a long-legged doji with a deep lower wick, reflecting indecision followed by strong buyer reaction below $1.90. April 9’s bullish engulfing candle not only closed above the previous day’s high but also reclaimed a major price level. This back-to-back formation signals a potential bottoming setup, often seen before trend shifts on the daily timeframe. MACD Suggests Early Bullish Crossover Momentum indicators are aligning with this price action. The MACD, though still below the zero line, is showing early signs of convergence. The MACD line is approaching a bullish crossover with the signal line, while the histogram has ticked into slightly positive territory. This shift indicates a weakening bearish trend and increasing bullish pressure, especially if the crossover is confirmed in the next 24–48 hours. Further confirmation comes from the Momentum (10) indicator, which has turned positive for the first time in over two weeks, currently reading +0.0335. The steady rise from late March lows points to growing bullish momentum. This is significant as it supports the breakout from both a price structure and momentum perspective—key factors in sustaining upward movement. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Rounded Bottom Pattern in Formation A broader view of the chart reveals a potential rounded bottom forming since early April. Price action has gradually shifted from aggressive selling to sideways consolidation and now shows signs of recovery. This pattern typically precedes bullish trend reversals. If XRP maintains higher lows and builds on its current breakout, the structure favors a move toward $2.30–$2.50 in the short term. Short-Term Projections and Resistance Zones Looking ahead, immediate resistance lies between $2.20 and $2.30, with $2.50 as a stretch target. The $2.30 zone is especially critical, as it aligns with the 20-day exponential moving average—a level XRP hasn’t closed above since early March. Should the price maintain its position above $2.00 today , a retest of $2.20 appears likely. However, failure to hold above $1.9981 would weaken the bullish outlook. Prediction XRP has made an impressive move, reclaiming structure and signaling a potential reversal. The combination of bullish candlestick patterns, rising momentum , and MACD improvement all point to strengthening buyer interest. For today, April 12, XRP is projected to trade between $2.00 and $2.20, with the potential to extend higher if buying volume increases. Still, bulls must follow through with continued closes above $2.05 to fully confirm the trend shift. Patience and close monitoring of today’s price action will be key for traders. 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 X , Facebook , Telegram , and Google News The post XRP Price Prediction For April 12, 2025 appeared first on Times Tabloid .
