Ripple XRP recently had crypto analysts worried, as the cryptocurrency formed a deathcross on its Bitcoin pairing earlier this week. This occurs when a short-term moving average, usually the 50-day MA, falls below the longer-term MA. While this was a subject of concern, XRP bulls quickly reaffirmed that earlier this week, flipping the assets price to a streak of hourly gains. As a result, XRP is up 7% overall in the past seven days.

XRP is holding around $2.50, which represents about 8% gains this week, and the weekly chart shows price just bounced off the 0.618 Fibonacci level—a zone that buyers typically defend with significant force and conviction. XRP showed positive momentum in its USD pairing this week, rising about 4% in a matter of hours on Thursday.

The crypto market received a positive boost after September Inflation came in lower than expected. The inflation rate hit 3.0% in September, lower than expected, the long-awaited Consumer Price Index (CPI) report shows. With Bitcoin back at $110,000, other top crypto assets are in the green this past week. Furthermore, XRP is in demand for various other reasons. These include a potential ETF approval by the SEC and Ripple forging fintech partnerships with several banks and financial firms. There’s a high chance for XRP to climb above the $2.5 mark due to these developments.

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Combined with recent Fibonacci support levels that have held, and an increasing rate of institutional adoption, XRP may trade well above current levels by the end of the year should historical trends repeat themselves once more. At press time, the next resistance levels for XRP remain at $2.58 and $2.79. Support is expected at $2.18 and $2 in the event of a bearish price reversal for the coin.

Per CoinCodex analysts, XRP is well on its way back to $3 by the end of 2025. However, the next month will see some further dip first amid an uncertain crypto market. The analysts write, “according to our latest XRP price prediction, XRP is forecasted to drop by -0.75% and reach $ 2.44 by November 22, 2025. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 30 (Fear).”