XRP has now spent more than 200 days consolidating within a tight price range, an unusually long period of sideways movement that has drawn attention from analysts and traders alike.

The token has maintained support near the $2 level while repeatedly failing to sustain breakouts above the $2.90 zone, creating a wedge pattern defined by horizontal support and descending resistance.

This prolonged consolidation follows XRP’s explosive 500% rally in late 2024, when it surged from around $0.48 to as high as $2.80 before retracing.

Despite several breakout attempts, the price has continued to oscillate within this range, reflecting uncertainty in the broader crypto market and among XRP holders. Notably, the $2 price point now aligns closely with the 200-day exponential moving average, adding weight to this critical support level.

Source – ClayBro on YouTube

XRP Price Prediction

Market analysts remain divided on what’s next for XRP. Some see historical bullish fractals from 2017 as a roadmap, projecting an upside target between $3.70 and $10, with the most optimistic scenarios calling for a rally as high as $25 per coin.

This bullish outlook is supported by a tightening wedge structure, historical precedence, and macroeconomic conditions that favor a crypto rebound—such as the potential for interest rate cuts, institutional accumulation, and improving inflation data.

However, the bearish case cannot be ignored. Should $XRP fail to hold its $2 support and break below the 200-day EMA, some expect a correction down to around $1.30. Much of the uncertainty hinges on external catalysts like Federal Reserve policy decisions and regulatory shifts.

XRP Traders Turn to Snorter Token as Next Utility-Packed Meme Coin on Solana

The broader sentiment in the crypto space remains positive, especially for utility-driven tokens like XRP. As a result, many traders continue to accumulate, betting that a decisive breakout to the upside is only a matter of time.

Another utility token gaining attention is Snorter Token ($SNORT), which has emerged as one of the most talked-about meme coin presales on Solana, offering a unique blend of humor and real-world utility through its Telegram-based trading bot.

Designed to operate on both Solana and Ethereum, Snorter Token is positioning itself as more than just another meme coin.

At its core, Snorter Token functions as a powerful crypto trading assistant capable of executing fast swaps, automated sniping, limit orders, and even identifying potential honeypot scams—providing traders with enhanced safety and efficiency.

With front-running and MEV protection built-in, Snorter Token aims to give users a competitive edge in the fast-paced meme coin market. Its mascot, a quirky and adventurous aardvark, adds personality to the project while reinforcing its core utility—sniffing out high-potential tokens before they moon.

The presale has already gained strong traction, raising over $1.1 out of a $1.4 million target. At the time of writing, each $SNORT token is priced at $0.0957, and with the countdown nearing just under 48 hours remaining, early adopters are rushing to secure their allocation.

The developers highlight Snorter Token’s compatibility with multi-chain wallets like Best Wallet and its ease of access—there’s no KYC required, and users can purchase tokens using Solana, Ethereum, USDT, or USDC.

Snorter Token’s roadmap outlines several key features coming after the token generation event, including exclusive token access, copy trading from top-performing wallets, and the lowest transaction fees on Solana—just 0.8%.

These features make it a strong contender for one of 2025’s most promising meme coin launches. The project’s marketing also emphasizes regular updates through social media platform like X (formerly Twitter), encouraging community engagement and transparency.

With the broader Solana ecosystem poised for a bullish breakout, Snorter Token could benefit from increased momentum in the sector.

Backed by solid utility, community focus, and strong fundamentals, Snorter Token positions itself as more than just hype, with the potential to deliver significant returns to early participants. To take part in the $SNORT token presale, visit snortertoken.com.

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