News View Non-AMP

Why XRP Is Going Up Today & Analyst Price Predictions

Published by
Vignesh S G

February 2025 was a rough month for the crypto market, with prices taking a sharp dive. The market tumbled 20.57%, dragging Bitcoin down 17.5%, Ethereum by 32.2%, and XRP by 29.3%. The worst of the crash came between February 24 and 26, when the market plunged 12.42% in just two days. Bitcoin followed suit, dropping 12.48%, weighed down by three consecutive red candlesticks.

But here’s where things get interesting – XRP didn’t follow the exact same script. While it fell on February 24, it quickly bounced back the next day, showing signs of resilience. And in the past 24 hours, XRP has surged 8.4%, outpacing both Bitcoin and Ethereum.

So, is XRP breaking free from the broader market downtrend? Could this be the start of a bigger rally? Let’s dive into what analysts are saying.

Crypto Market Dips, But XRP Holds Strong

Yesterday, the total crypto market cap dropped to $2.55 trillion, and Bitcoin briefly fell below $80,000. Meanwhile, XRP touched a low of $1.95 but managed to close above the $2 support level.

At the start of today, XRP traded around $2.14, and it now stands at $2.19, up 2.33% from its opening price. Despite this recovery, analysts warn that a full rebound is still uncertain.

Key Levels: Will XRP Rally or Consolidate?

Crypto analyst Dom believes XRP must break above $2.20 to confirm a stronger rally. If it does, he predicts a rise to $2.40 or higher. He also points out that $2.20 is a key level—if XRP fails to move past it, the market could see more sideways movement.

On the downside, if XRP loses the $2 support level, it may drop further. Dom also warns that if Bitcoin falls to $75,000, it could pull XRP down with it.

Key Levels to Watch

Crypto analyst Ali Martinez highlights a strong support level at $1.65, noting that XRP is still moving within an upward price channel that started last year.

Meanwhile, Dark Defender believes XRP has already bottomed out. He points to a Fibonacci retracement level, suggesting XRP could now enter a fifth wave – a pattern that could push prices to $5 or even $8.

XRP is showing signs of strength despite the broader market dip, but its next move depends on key resistance and support levels. If analysts’ predictions hold, XRP could be gearing up for a major breakout.

The market may be unpredictable, but XRP’s resilience is keeping traders on edge for what comes next.

Vignesh S G

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

Recent Posts

Forget PEPE – Influencer Pepe (INPEPE) is the Future of Meme Coins with Real Utility!

PEPE hopped its way to a $3.8 billion market cap, but its reign as a…

April 3, 2025

Ripple (XRP) Eyes $10 as Ruvi AI (RUVI) Captures Investor Attention with Huge Growth Potential During Presale Phase 1

Ripple’s (XRP) recent rally from $2.00 to $2.20 has sparked excitement among cryptocurrency enthusiasts. This…

April 3, 2025

How High Can Influencer Pepe Go? Expert Predictions for 2025-2030!

The crypto circus has a new ringmaster: Influencer Pepe (INPEPE). This Pepe-the-Frog-inspired token is making…

April 3, 2025

Crypto Bloodbath: Solana, XRP, and Dogecoin Take Double-Digit Hits, Is Your Altcoin Safe?

The global cryptocurrency market took a major hit today, with the total market capitalization falling…

April 3, 2025

Just In: Michael Saylor Says ‘There Are No Tariffs on Bitcoin’

The cryptocurrency market took a nosedive Thursday, with Bitcoin and its digital cousins feeling the…

April 3, 2025

US Markets Face One of the Biggest Crashes- Here’s How the Crypto Markets & Bitcoin Price May React

The US markets are facing one of the biggest crashes, with over 4% loss in…

April 3, 2025