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XRP is entering 2025 at a crucial technical and psychological level. Currently, the currency is hovering around 2.40 USD, a price range that serves as both support and resistance. This level is further highlighted by a triangle pattern on the chart, a common signal of an impending breakout.
The importance of the 50-EMA and trading volume
A notable technical feature is XRP’s position relative to the 50-day exponential moving average (EMA), which currently stands at 2.18 USD. The XRP price is currently above this level, which historically represents a strong support line during bull markets.
If XRP stays above this level, it could serve as a springboard for a rally towards 2.70 USD or even 3.00 USD. On the other hand, a break below the 50-EMA could indicate a possible decline towards 2.00 USD or below.
However, the chart gives cause for optimism. The price is above all major moving averages and appears to be consolidating just below the upper boundary of a bull flag – a pattern that has been visible since the 2.80 USD high.
Trading volume also plays a crucial role. Over the past few days, volume has been falling, which often indicates uncertainty among traders. However, this could be the “calm before the storm.” A breakout above 2.50 USD with increased volume could confirm bullish momentum. On the other hand, a drop below this level without a significant increase in volume could indicate continued weakness in the market.
Broader market sentiment and external influences
The current level of 2.40 USD not only represents a technical obstacle but also reflects the general uncertainty in the market. Investors are not only monitoring price movements but also paying attention to external factors that could affect the market direction.
If XRP manages to convincingly break the 2.40 USD level, the path towards 3.00 USD could be clear. However, caution is advised – the coming days will be crucial for the future course of XRP.
Expert explains why you should own more than 2,601 XRP
As the XRP price continues to rise, it is becoming more difficult for many investors to be in the top 10% of the largest XRP holders. According to Edo Farina, CEO of Alpha Lions Academy, this will only become more challenging in the future. Farina predicts that when XRP reaches a value of 100 USD, only a few thousand holders will be in the top 10% of wallets.
How much XRP do you need to be in the top 10%?
According to Farina’s analysis, the amount of XRP needed to be in the top 10% has decreased as the token’s value has increased. In June 2024, 3,300 XRP were still required to be part of this group. At that time, the XRP pricewas 0.47 USD, which represented an investment of 1,551 USD.
However, as of early January 2025, that number has dropped to 2,599 XRP. Due to the increasing value of XRP, fewer tokens are needed to get into the top 10%, but the total investment has increased significantly. At a current price of 2.40 USD per XRP, 6,263 USD is necessary to be part of this exclusive group.
The number of top holders is decreasing
There are currently over 5.85 million wallets holding XRP. Of these, only 585,248 addresses have more than 2,599 XRP, putting them in the top 10%. Within the top 1%, there are only 58,000 wallets with a balance of more than 56,304 XRP, which is worth 135,000 USD.
According to Farina, the number of people who can maintain a top position will continue to decrease if the XRP price continues to rise. He encourages investors to buy XRP now before the price excludes them from this exclusive group.
Fewer owners opt for self-management
Farina also points out a notable trend: fewer and fewer XRP holders are choosing to self-manage their tokens. Although there are more than 500 million crypto users worldwide, only a small fraction, around 20 million, hold their assets themselves. For XRP, there are around 500,000 holders who actually have control over their tokens.
Farina highlights the risks of storing XRP on an exchange, warning that investors could miss out on the opportunity to profit from a rising XRP value if they do not manage their tokens securely.
Self-management as the key to long-term success
Farina stresses the importance of self-management. As more and more people are excluded from the top wealth segments, those who keep their assets safe will have the best chance of being among the top performers.
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