Key Takeaways
- There has been increased XRP whale activity in the last few days, signaling a potential XRP rally.
- XRP has outperformed Bitcoin and other top assets in the current cycle.
- Analysts think XRP’s latest trend is a classic consolidation.
- A crucial indicator highlights XRP as a bullish digital asset with reserve momentum.
According to on-chain data from crypto analyst Santiment, XRP whales have been on an active buying spree and have accumulated over 150 million XRP tokens within the last 48 hours. Questions now abound about whether an XRP rally is imminent.
Increased XRP Whale Activity has Ignited Great Interest
While the coin’s price has remained below $3 since the beginning of February, falling short of the all-time high of $3.84 experienced last January, XRP has finally found stability above crucial demand levels after enduring weeks of heavy selling pressure and market uncertainty. The increased XRP whale activity has ignited great interest in the token. Historically, large-scale whale accumulation has often preceded major price rallies, signaling growing confidence from institutional investors and high-net-worth holders.
After the XRP token surged 30% since last Tuesday, experts are now speculating about an imminent price breakout that could surpass the critical supply zones. Should the XRP whale activity continue as the token builds momentum, analysts believe XRP will soon challenge key resistance levels and set the stage for a bullish run.
XRP has Outperformed Bitcoin
With the token holding steady above key support levels over the weekend and signs of increasing XRP whale activity, most investors are watching for a signal from above the supply zones to confirm the beginning of a long-term bullish reversal. Accordingly, the next few days will be crucial to determine whether the token has what it takes to maintain its strength or will need to consolidate further before it can make another move.
Unlike Bitcoin and the rest of the altcoins, analysts have highlighted XRP’s surprising strength on key indicators, all of which could point towards a bullish divergence. Some say XRP had actually outperformed even Bitcoin. After establishing a notable support level of $2 and bouncing off that level severally since December 2024, the support level has marked the lower limit, with $3.4 being the upper limit.
At the time of writing, XRP was trading at $2.34, highlighting a 7.5% weekly ally after bouncing off the $2.0 support level. According to crypto analysts, the sideways trend is a classic buildup that could boost XRP’s bullish moment and form a tailwind behind the next surge to a new all-time high.
Conclusion
Analysts believe that increased XRP whale activity could easily push the token above the $2.60 mark, opening the door to a new price rally. Moreover, a break over $3 would signal a serious uptrend that could potentially lead to a new all-time high. The next few days remain critical in determining XRP’s short-term trajectory, and failure to reclaim the $2.60 level will lead to a new consolidation phase before another bullish attempt.
Frequently Asked Questions (FAQs)
What is the price prediction of XRP in 2025?
According to current analyst predictions, the average price of XRP in 2025 will range between $2.21 and $4.14, with the average price being around $2.97.
What factors are likely to influence XRP price in 2025?
The key factors that will determine the trajectory of XRP’s price in 2025 will be:
Regulatory Environment: A positive outcome of the Ripple Labs Vs XRP case that could boost investor confidence:
Adoption by Financial Institutions: If Ripple Labs successfully partners with banks and financial entities, it could drive demand for XRP and potentially boost its value.
Technological Developments: The XRP ledger could improve technically and transaction speed, security, and scalability and make XRP more attractive to users and investors
Can Ripple XRP reach $50? If yes, by around what time?
According to CoinGecko, at $2.43 today, hitting $50 would mean a 2,000% increase, pushing its market cap to around $2.9 trillion. While the figure isn’t entirely out of reach, it could take 5 to 15 years, based on Ripple’s ability to become the go-to global payment system.
