XRP Price Consolidation: Is a Bullish Breakout on the Horizon?

As XRP’s price consolidates following recent bullish developments, both traders and long-term investors are anticipating its next major price movement.

The SEC’s lawsuit against Ripple, the organization behind XRP and its native blockchain, the XRP Ledger, has recently concluded in Ripple’s favor. This outcome, long anticipated since Donald Trump’s election in November 2024, has sparked speculation among experts about potential price surges for XRP in the near future.

As the US government and its financial regulatory bodies adopt a more supportive stance towards the Web3 industry, emerging cryptocurrencies like Solaxy ($SOLX) are attracting significant investment from major institutions and experienced investors alike.

With nearly $30 million raised, the SOLX presale has become noteworthy, positioning itself as one of the standout success stories of 2025, and a popular option for market participants who have profited from XRP.

Solaxy Presale

Is XRP Ready for New All-Time Highs?

For crypto enthusiasts, the memory of November 2024 feels distant as the market adjusts to the realities of a new Trump presidency. His administration has been a constant presence in the headlines, having initially sparked a widespread bullish trend in the cryptocurrency market.

While some cryptocurrencies like Bitcoin and XRP have maintained relative stability, others, such as Ethereum and numerous altcoins, have experienced significant price declines.

Following Ripple Labs’ resolution of the SEC lawsuit initiated in December 2020, some analysts express concerns that XRP’s price may revert to previous levels. Currently, XRP appears to have established a strong support range between $1.90 and $2, with further support noted at $1.63:

XRP Price Chart

A prevailing downtrend, coupled with resistance levels forming a bearish descending triangle pattern, presently inhibits XRP’s advance toward new all-time highs. Nonetheless, achieving this milestone would signify an almost 30% increase from current levels, allowing for the possibility of even loftier targets in Q2 2025.

Renowned trader Maxi recently shared a bullish perspective on social media, highlighting a symmetrical triangle pattern with a target of at least $3.29:

$xrp will soon pump again! pic.twitter.com/2cpwldrQL4

— Maxi (@Velo_Maxi) March 30, 2025

A scenario involving a price dip to $2 followed by a rebound to XRP’s previous all-time high of $3.40 could yield a substantial 70% profit for investors. Conversely, if XRP dips lower before rebounding, astute buyers might be poised for even greater long-term gains, provided they manage their emotions and maintain a patient outlook.

As the ramifications of Ripple’s legal triumph settle, bullish sentiments are shifting towards Solaxy ($SOLX) and its highly successful presale.

Solaxy Presale Nears $30M, Next Crypto to Pump in Q2?

As Layer 1 blockchain platforms like the XRP Ledger and Solana capture millions of users, Solaxy ($SOLX) has emerged as the first-ever Solana Layer 2 (L2) network and has gone viral.

After a booming 2024, the Solana ecosystem faced challenges due to network congestion and transaction issues stemming from popular events, including meme coin launches.

Dissatisfied users have turned to social media to voice their concerns and search for new solutions. While this bears negatively on Solana, it represents a strong bullish outlook for early investors in Solaxy, as it appears well-positioned to address the pain points that have plagued Solana.

Solaxy’s design mirrors that of successful Ethereum-based L2s such as Arbitrum and Optimism, which saw triple-digit gains after notable exchange listings. Its purpose is to enhance Solana’s scalability and attract builders and users to serve a growing Web3 ecosystem, including AI, DeFi, GameFi, and real-world asset integrations. Anticipated demand for Solaxy’s services is expected to surge upon its launch later this year.

YouTubers like CryptoJack (with 252,000 subscribers) are emphasizing the myriad advantages of Solaxy and predicting significant price increases once SOLX is tradeable on global exchanges.

Solaxy’s development team is rapidly advancing its L2 preparations, announcing enhanced bridging capabilities (linking Ethereum and Solana), user interface improvements, sequencer implementations, data optimization, and numerous additional upgrades. These proactive measures signal strong potential for Solaxy’s future, as they incorporate user feedback to further enhance the blockchain experience.

The SOLX presale currently offers tokens at a discounted rate (now priced at $0.00168), including the opportunity for immediate staking with an annual percentage yield (APY) of up to 143%. With almost $30 million raised, Solaxy is rapidly becoming one of the most-watched cryptocurrencies of 2025, even prior to the culmination of its presale.

Visit Solaxy Presale

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The post Analyst Expects XRP to Surge Over $3 in Q2 as Expert Thinks Solaxy Could Pump Too appeared first on CryptoPotato.

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