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.
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.
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.
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.
The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) might…
A few days ago, Banxa temporarily suspended Pi transactions, likely due to pending KYB (Know…
XRP is currently trading in a tight range and continues to struggle to break above…
XRP is one of the most talked-about cryptocurrencies, but few people understand how small its…
After months of sluggish price action and sideways consolidation, Dogecoin (DOGE) may finally be on…
Excitement brews in the crypto realm as speculation grows about a potential altcoin resurgence. Analysts…
