Much like Bitcoin, the XRP price is currently having a rough time. The market is in a significant correction and has started 2025 poorly. Despite all this, XRP is still at a 300% return after the extreme price increases in late 2024. Currently, the XRP price is consolidating around $2.30, and according to Cointelegraph analysts, it is preparing to rise to $2.50-$2.60.
XRP is in a crucial zone
While major players like Bitcoin, Ethereum, and Solana have seen significant losses over the past 24 hours, XRP is holding relatively stable at around $2.30.
According to Cointelegraph analysts, this price level also represents the “point of control” for XRP, the price zone where bulls maintain control over the price movement.
Popular analyst Valeriya explains that the XRP price is currently in an important zone. “The reaction to the $2.15-$2.20 level will be an indicator of the intentions of the major players.
If the support zone holds, I expect aggressive growth with a target of $2.91. However, if this level is broken, the market could seek liquidity below $2.00,” the analyst said.
Why XRP?
The question remains, of course, why XRP is suddenly a topic among investors again. Since the all-time high in 2018, the currency has not really performed well – neither in terms of price nor on a fundamental level.
After more than ten years, the technology is not being used as widely as hoped and it remains questionable whether banks will ever adopt it for international payments.
As time goes on, this seems less and less likely, unlike Bitcoin, which is being adopted by more and more companies and individuals.
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