Key Takeaways
- XRP outperforms other altcoins, rallying above $2 as the price looks set for $5 before 2025 ends.
- Bullish price pattern emerges for XRP after closing its yearly candle above $2 for the first time in 3 years.
- Trump’s pro-crypto administration, XRP ETF speculation, and favorable crypto policies could trigger the creation of $5 XRP.
| Token Name | Ripplel (XRP) |
| Current Price | $2.17 |
| Market Capitalization | $127.2B |
| Total Circulating Supply | 57.4B XRP |
| Daily Support | $2 |
| Weekly Support | $1.9 |
| 1Year Performance | 223% |
Ripple (XRP) was the focus of attention in the late part of 2024. The price of XRP shocked many investors and traders, pulling a rally of over 500% within two months. The price rallied from its low of $0.57 to a high of $2.9 before suffering a price retracement to a region of $2, which acted as key support for the price.
Despite its price retracing to this key area, many investors have been highly speculative and expectant of XRP and its ecosystem following the launch of its stablecoin RLUSD, which is expected to influence the price of XRP to the upside.
2025 could be a key year for Ripple (XRP) following its recent price action, Trump’s pro-crypto administration, and the expectation of favorable crypto policy to help boost the market and attract better liquidity from institutions.
Is XRP Ever Going To Recover? All-time High In Sight
The price of Ripple (XRP) has faced what looked like a scare in the past three years, dealing with much pressure from U.S. SEC authorities, but things are beginning to shape well for XRP and its ecosystem as XRP looks set for a mega pump in 2025.
Investors and analysts continue to have optimistic views regarding Ripple (XRP). The price of XRP has shown much better price action than the past few years. It is just some percentages shy of its all-time high, and speculations mount that it will rally to a high of $5.
Despite past regulatory issues, XRP and its community kept building as its users and ecosystem believed in its strong use case and are beginning to see the reward of their trust.
Which Crypto Will Boom In 2025?
Ripple (XRP) remains a hot prospect in 2025 after showing incredible price action and closing above a yearly high of $2 in the past 3 years as investors and traders keep close tabs on this crypto asset.
Is XRP A Buy Or Sell Today?
Source – XRP Price Chart From TradingView
Ripple (XRP) closed the yearly candle above $2, which looks strong as the price gets set for a rally higher in 2025. In the past years, XRP has seen its price struggle to break past $1, but the price looks strong, and it is building a key support zone of $2.
The current price action for XRP shows a buy signal. The price of XRP broke out of its bullish ascending channel, and XRP bulls could push the price to $2.7, acting as resistance, which could be tested in the next couple of days.
