2025 looks to be a thrilling year in the crypto sphere, with many digital currencies and tokens hitting or reapproaching their maximum historical values. Right now, everyone’s gaze is on Ripple, as the current XRP price is almost touching its 2018 peak value.
As an analyst, I’m observing a significant rise in the adoption of decentralized assets globally, driven largely by growing investor interest and institutional acceptance. There are indications that Ripple-based Exchange Traded Funds (ETFs) might soon become available on centralized trading platforms.
Let’s analyze why is XRP going up and how high can XRP go in 2025.
Ripple Price Performance in 2025
Over the past two years, Ripple’s performance has been less than satisfactory, with its value hovering around $0.50 throughout 2023 and 2024 until November. However, since the start of January 2025, there seems to be a positive trend emerging, as the market takes notice by the second week.
The former U.S. President Trump’s win in the elections significantly impacts the crypto world, as his supportive views on cryptocurrency and pledges to reinvigorate America’s part in blockchain technology advancement, Bitcoin mining, and DeFi regulation are highly relevant.
Immediately following Donald Trump’s inauguration as president on November 6th, the price chart for XRP began to climb steadily. Over the next ten days, it rose by an impressive 75%. By the end of November, this increase had more than doubled, reaching a total growth of 250%.
XRP started the year at a $2 value, with a bullish XRP price prediction for 2025.
Why is XRP Going Up?
Over the past two months, many cryptocurrencies saw comparable price spikes (Bitcoin hit $106k and Ethereum reached $4k on December 17th). However, today’s Ripple XRP news is unique because it involves potential spot XRP Exchange Traded Fund trading. This has sparked debate, curiosity, and a rise in prices.
From October to December 2024, four American asset management companies and financial entities – Bitwise, 21Share, Canary Capital, and WisdomTree – submitted requests to the Securities and Exchange Commission (SEC) to introduce XRP exchange-traded funds (ETFs) that trade spot markets.
As the wait continues for the Securities and Exchange Commission’s decision, anticipation grows that it will be favorable, with the president-elect’s inauguration day drawing nearer.
Investors expect a significant rise in XRP’s price should the applications be accepted, mirroring the surge that followed the approval of the Bitcoin spot ETF.
XRP Price Prediction 2025
Let’s take a look at the graph showing XRP’s price history and try to forecast both immediate and future trends based on our analysis. To do this, we utilize the Exponential Moving Average (EMA) tool across various timeframes, helping us assess possible directions for the price trend.
Initially, we focus on a brief review of the 12-day (blue) and 24-day (yellow) Exponential Moving Averages (EMA). Notably, from January 1 to January 13, these lines often align closely. However, between January 13 and 14, the 12-day line ascends, surpassing the 24-day line and just falling below the price line.
For the upcoming days, this path suggests a robust upward momentum or bullish movement. In simpler terms, we anticipate a favorable trend to continue as long as the line’s angle is upward and it remains below the current value of the coin.
As I delve into the long-term study, when I overlay the 50-day (represented by the blue line) and 100-day trends (signified by the yellow line), the apparent strength of the trend appears to diminish slightly, at least from my perspective.
In the provided chart, the 50-day Exponential Moving Average (EMA) noticeably increased starting from January 14. This line rose above both the 100-day EMA and the actual price line, which typically points to a bullish market condition. However, the incline was less steep compared to the short-term line, and it was also further away from the price line. This subtlety implies that the price may experience a correction at some point in the future.
Conclusion
By the 16th of January 2025, it’s anticipated that XRP will witness an upward surge, surpassing the $3 mark. This upward trajectory can be attributed to increasing institutional interest and potential regulatory shifts in its favor.
The predicted increase in XRP’s value during the next market surge is largely founded on assumptions regarding Ripple-backed exchange-traded funds and optimism about favorable cryptocurrency regulations under the Trump administration, which could pave the way for potential growth.
On the other hand, there’s disagreement regarding whether we’re dealing with short-term fluctuations or long-term movements. Some think the recent price spike could be a temporary adjustment in the near future.
As a diligent analyst, I would like to clarify that the information provided in this article serves an educational purpose solely. It should not be construed as financial guidance or used as a basis for making investments. Conduct independent research, and if necessary, seek advice from a certified financial advisor before making any investment decisions.
Read More
- RLC PREDICTION. RLC cryptocurrency
- TNSR PREDICTION. TNSR cryptocurrency
- TRB PREDICTION. TRB cryptocurrency
- POL PREDICTION. POL cryptocurrency
- OKB PREDICTION. OKB cryptocurrency
- HBAR PREDICTION. HBAR cryptocurrency
- CTXC PREDICTION. CTXC cryptocurrency
- SEI PREDICTION. SEI cryptocurrency
- GBP EUR PREDICTION
- API3 PREDICTION. API3 cryptocurrency
2025-01-17 13:10