XRP Price Prediction: Ripple Token Climbs 2% As VivoPower Raises $19M For XRP Treasury

XRP Price Prediction: Ripple Token Climbs 2% As VivoPower Raises $19M For XRP Treasury

The XRP price climbed 2% in the past 24 hours to trade at $2.98 as of 5:12 a.m. EST on trading volume that dropped 6% to $5.5 billion.

This comes as Nasdaq-listed VivoPower announced it raised $19 million via a stock offering to buy and hold the Ripple token as part of a long-term treasury plan.  

The move shows that more companies are starting to see cryptocurrency as a serious part of their finances.

VivoPower shares closed 14% higher yesterday and have climbed a further 2% in pre-market trading today.

At the same time, large holders are stacking their XRP holdings. Analyst Ali Martinez told his 148k followers on X that whales purchased 250 million XRP, worth more than $740 million, in just the last 48 hours.

Meanwhile, Coinglass data shows that open interest increased 5.26% to $8.10 billion, indicating greater market participation and that traders are getting ready for more significant price movements.

XRP Price Consolidates In Bullish Ascending Triangle

The XRP price on the weekly chart is showing strength as it continues to trade within an ascending triangle pattern, a bullish setup that often precedes a breakout.

Since breaking above the $1.00 barrier earlier in 2025, the price of XRP has held a series of higher lows, gradually squeezing the Ripple token against the major resistance zone near $3.50–$3.66.

The $3.66 level remains the critical resistance. A breakout above this region would not only confirm the ascending triangle but also mark XRP’s strongest bullish continuation since its major run-up earlier in the cycle.

Meanwhile, the 50-day Simple Moving Average (SMA) is trending upward at $2.37, reinforcing the higher-lows structure and acting as dynamic support. Meanwhile, the 200-day SMA lies far below at $0.99, showing that XRP has transitioned from a prolonged accumulation phase into a stronger bullish trend.

XRP/USD Chart Analysis: TradingView

Ripple Token Price Targets $5 If Resistance Breaks

The Relative Strength Index (RSI) is currently at 56.68, placing XRP in neutral but favorable territory. It is not in overbought conditions, meaning there is room for upside momentum to develop.

If XRP manages to break above $3.66 with strong volume, the next logical target would be the $5.00 level, which represents both a psychological barrier and a potential magnet for bullish momentum.

On the other hand, if the ascending trendline breaks, the price of XRP could decline back toward the 50-day SMA at $2.37. A deeper correction might pull it closer to $2.00. 

About Author

Evans Karanja

About Author

Evans Karanja

Evans Karanja

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