XRP, the native token of the Ripple network, is experiencing a strong upward trend. The digital asset is currently trading at $2.22, showing a 6.92% increase in the past 24 hours. In terms of trading volume, XRP has surged to $4.03 billion, up by 47.51%. The seven-day price change mirrors this positive momentum with a 6.36% increase.
XRP’s recent price action suggests healthy accumulation and strong market sentiment. After consolidating near the $2.10 level, the token has started to show renewed bullish momentum. The 4-hour chart reveals that XRP is consistently holding above key exponential moving averages (EMAs), with decreasing volatility, signaling institutional accumulation.
Despite the relatively low volatility, market analysts are optimistic. The Relative Strength Index (RSI) stands at 64.44, indicating bullish momentum without the asset being overbought. Moreover, the Moving Average Convergence Divergence (MACD) is making a bullish crossover, suggesting potential for further gains. Traders are advised to consider long positions near the $2.10-$2.13 zone with stop-loss orders below $2.02 to guard against sudden market reversals.
XRP price predictions 2025
Looking ahead, Changelly experts have provided price predictions for XRP in 2025. They expect the token to reach a minimum price of $1.87 and a maximum of $2.12, with an average price of around $2.37. This projection suggests that XRP may experience modest growth over the next few years.
For April 2025, the price forecast ranges from $1.89 to $2.27, with an average of $2.08. A potential return on investment (ROI) for the month could be as high as 7.1%, although the outlook remains relatively neutral for now.
XRP ledger library security flaw revealed
In a concerning development, the XRP Ledger Foundation recently revealed a serious security flaw in its official JavaScript library, which could have compromised user wallets. A backdoor inserted by attackers posed a significant risk to the broader cryptocurrency ecosystem. However, the vulnerability did not affect the XRP blockchain itself, and the issue has been promptly patched by the foundation.
Despite the security scare, XRP’s price has remained resilient. The asset saw a 3.5% increase in price following the announcement, highlighting investor confidence. With its market capitalization exceeding $125 billion, Ripple’s XRP remains a prominent player in the cryptocurrency market.
