XRP is trading at $2.21 after recording a marginal decline of 0.84% over the past 24-hour trading period. Trading volume also declined drastically by 42.09% to $1.6 billion. XRP has nevertheless recorded a 1.23% gain for the past week to mark some resilience amidst fading momentum. It is yet another weak rally to sustain confidence amongst traders though volumes are dwindling and resistance is also adding up overhead.
Market analysts are also vigilant because XRP was recently firmly rejected at $2.50. Buyers are looking at a $2.00 to $2.10 level of support right now. If the market drops below $2.00, a very solid level of support is $1.60. Today’s market is trending short-term but is bearish medium and long-term and casts a cloud of uncertainty over XRP’s immediate future.
Bullish momentum needed for $3.00 target
Crypto analyst CoinCodeCap recognizes a possible setup. They suggest that if XRP holds back at the $2.00–$2.10 level of support, a bounce to $2.50 is possible and would be a 20% potential upside. Such a suggestion is typical of historical action for XRP, which has bounced back at $2.00 on intra-day charts. Long-term bulls are on alert with a $400 million XRP treasury and with a potential 2025 ETF launch looming on the horizon.
However, analysts note there are also some risks on the table. There is firm $2.50 resistance and a sharp sentiment shift will be needed for it to be taken down. If prices go through $2.50, another point of resistance is $3.00. For the time being, buyers will continue to buy on dips waiting for larger breakout by year-end.
XRP price prediction for 2025
DigitalCoinPrice is also optimistic and is predicting XRP to reach $4.85 by December 2025. Its predictions are based on market cycles and past trends and are hoping for XRP to first pass all-time high of $3.84. Investors are still hoping for future catalysts like approval for an ETF and further regulatory clarity to lead to a run to those higher heights.
Changelly’s forecast is slightly rosier by comparison. Their information places XRP’s 2025 high at $2.20, below current prices. They place prices for July 2025 at $2.17 and $2.52 and believe an ROI of 13% is possible. Such a large difference in outlook places traders in shaky ground, not knowing if XRP is set for a romp or to hold steady.