XRP Price Headed to Record Highs And It Could Be A Smooth Sailing
XRP price is trading near seven-year highs despite the SEC's move to proceed with its appeal against Ripple Labs. Here's why it will stay up.
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XRP price is trading near seven-year highs despite the SEC's move to proceed with its appeal against Ripple Labs. Here's why it will stay up.
Since the beginning of 2025, XRP price has surged a massive 60% crossing $3.30 for the first time in 7 years.
XRP's 44% weekly price surge to $3.38 coincides with increased ETF approval odds and whale accumulation of 1.04 billion tokens, while technical indicators suggest continued upward momentum.
Once again, XRP has taken the market by surprise by breaking through the $3.20 barrier surpassing trader expectations and bucking past bearish trends. Following a phase of consolidation inside a descending triangle, XRP showed significant market interest and momentum, with a bullish engulfing candle and a remarkable $1 billion in trading volume.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) While altcoins such as XRP, SOL, and BNB have made new records since November 2024, Ethereum continues to struggle with a modest 3% price increase this week.
XRP leads volume trends on Coinbase, with BTC and ETH taking second and third places. On Binance, bitcoin is still the most in demand.
XRP has been on the rise since November 4, 2024. If we zoom out the chart and start monitoring the token since 2014, we will find a pattern of movement. Let's explore what the charts are showing us and what we should expect after analysing the market data.
The Ripple token, XRP, has been booming with new gains ever since Donald Trump's win in the US elections. Recently, the XRP price has hit a new milestone and is just a few points away from hitting the ATH of $3.84, set seven years ago.
Ripple's Chief Legal Officer (CLO), Stuart Alderoty, has firmly denied claims that President-elect Donald Trump criticized Kamala Harris's financial support from network executives during the election campaign.
The crypto market cap surged to $3.57 trillion, driven by a 2.07% increase. The cryptocurrency total trading volume stood at $161.68 billion, up 3.52% in the last 24 hours. Trading volumes for stablecoins accounted for 90.34% of the total volume at $146.06 billion.
With an impressive growth of 8.9%, Ripple's XRP has outperformed almost all the top ten cryptocurrencies. Experts believe that rumours related to XRP's potential inclusion in the proposed US crypto reserve have helped the asset achieve such massive growth.
After surging more than 40 percent in the past few days, Ripple Labs' XRP has retested its all-time high (ATH) set in January 2018.
According to data provided by CoinGecko, the XRP/USD pair has accounted for more than 25% of the 24-hour volume on the Coinbase exchange.
XRP has broken into new yearly high territory but has since pulled back slightly. We're currently testing previous highs, with the market hovering around the 2017-2018 highs at around $3.28. Although the price hasn't sustained the breakout, the trend is still positive, with Bitcoin pushing higher.
The U.S. Securities and Exchange Commission (SEC) has filed an appeal in its ongoing case against Ripple, challenging a July 2023 court decision that partially dismissed some claims.
Ripple's Chief Legal Officer (CLO), Stuart Alderoty, has strongly refuted recent rumors regarding the company and its executives. The rumors suggested that former President Donald Trump criticized Ripple for alleged financial support of Kamala Harris during a past election.
XRP has entered uncharted price territory for the first time since 2017, hitting a new all-time high. Open interest (OI) has surged sixfold since the beginning of the year, reaching $7.9 billion, underscoring robust market momentum.
XRP price started a fresh increase above the $3.00 level. The price is up over 15% and might continue to rise if it clears the $3.40 resistance.
XRP has been performing exceptionally well in the market lately, with a remarkable surge over the past 24 hours. The cryptocurrency reached a new yearly high of $3.10, its highest price since December 2024, although it later saw a slight pullback.
Former President Trump slams Ripple for backing Harris during the election instead of supporting him.
XRP has surged over 60% this year, fueled by optimism surrounding regulatory clarity and a loyal community, the “XRP Army.”
XRP Breaks $3 Barrier After SEC Filing Sparks Optimism. Speculation over SEC withdrawal drives bullish momentum toward all-time highs.
Can Grayscale's XRP Trust revive institutional interest in XRP? On Jan. 17, 2024, Grayscale Investments, a digital currency asset management firm, has announced the reopening of its XRP (XRP) Trust to eligible accredited investors.
The odds of an XRP ETF approval soared to 70% today on crypto-based predictions market Polymarket.
