XRP’s key support level sits around $2.40 to $2.50, where trader DonAlt has entered a fresh position. Holding above this green line could spark bullish momentum toward $2.80-$3.00, while a drop below risks further downside in the current consolidation phase.
DonAlt’s new XRP position targets potential upside if support holds.
XRP has stabilized between $2.20 and $2.60 after a downtrend from its $3.65 all-time high.
Recent U.S. spot XRP ETF listing boosts sentiment, with XRP showing resilience due to its strong user base, per market data from Q4 2024.
Discover DonAlt’s fresh XRP position and the critical support level at $2.40-$2.50. Learn why XRP outperforms peers amid ETF approvals—stay ahead in crypto trading today.
What is the Key XRP Support Level to Watch in 2025?
The key XRP support level to watch is the green line around $2.40 to $2.50, as identified by prominent trader DonAlt. This level has been tested recently, with XRP breaking above it before retesting from overhead, signaling potential new support if it holds. A successful defense here could confirm bullish continuation, pushing prices toward higher ranges, while a breach might lead to deeper consolidation below $2.20.
Why is XRP Holding Up Better Than Other Cryptocurrencies?
XRP’s resilience stems from its robust user base and real-world utility in cross-border payments, which have sustained demand even in volatile markets. In Q4 2024, XRP rallied significantly, reaching an all-time high of $3.65 in July, driven by institutional interest and regulatory clarity. Market analysts note that unlike many altcoins facing sharp declines, XRP’s ecosystem, supported by Ripple’s partnerships, provides a stable foundation. For instance, transaction volumes on the XRP Ledger remained elevated, averaging over 1,500 transactions per second during peak periods, according to blockchain explorers. Expert commentary from traders like DonAlt highlights this user-driven strength, contrasting it with peers reliant on hype. This edge was evident post the early October flash crash, where XRP recovered swiftly, stabilizing in a $2.20-$2.60 range. Supporting data from on-chain metrics shows active addresses growing by 15% year-over-year, underscoring sustained adoption. As the first pure spot XRP ETF received a U.S. listing notice, this development further bolsters confidence, potentially attracting billions in inflows similar to Bitcoin ETFs.
Frequently Asked Questions
What Triggered DonAlt’s Recent XRP Trading Position?
DonAlt entered a fresh position in XRP based on its current price action stabilizing above the $2.40-$2.50 support, viewing it as a potential reversal point. He plans to exit if the price drops below this green line, emphasizing disciplined risk management in the ongoing consolidation.
How Might the XRP ETF Impact Its Price in the Near Term?
The approval and listing of the first spot XRP ETF in the U.S. could drive increased accessibility for institutional investors, potentially lifting prices by enhancing liquidity and mainstream adoption. This mirrors the Bitcoin ETF’s effect, which saw inflows exceeding $15 billion in its first year, suggesting similar positive momentum for XRP if regulatory hurdles clear smoothly.
Key Takeaways
- XRP Support at $2.40-$2.50: Holding this level is crucial for DonAlt’s position and could signal renewed bullishness toward $3.00.
- Resilient User Base: XRP’s strength lies in its practical applications, helping it outperform during market downturns, as seen in Q4 2024 data.
- ETF Milestone: The U.S. listing notice positions XRP for growth, urging traders to monitor inflows and regulatory updates closely.
Conclusion
In summary, DonAlt’s fresh XRP position underscores the importance of the $2.40-$2.50 support level amid ongoing price consolidation and the pivotal spot XRP ETF listing in the U.S. With XRP demonstrating superior holding power due to its strong ecosystem, traders should watch for breaks above $2.60 to confirm upward trends. As 2025 unfolds, these developments could propel XRP toward reclaiming higher ranges—consider evaluating your portfolio strategies to capitalize on potential opportunities in this evolving market.
DonAlt, a pseudonymous cryptocurrency trader, has taken a fresh position in XRP. However, the chartist says that he will exit the position if XRP plunges below the green line.
DonAlt, of course, famously predicted XRP’s enormous rally in the fourth quarter of 2024.
Recently, he opined that XRP was holding up better than other coins due to its robust user base.
This comes after the first pure spot XRP ETF officially received a listing notice in the US.
Key level to watch
In July, the token experienced a substantial upward surge, pushing the price to its current all-time high of $3.65.
Following the peak, the price entered a clear downtrend, consolidating and forming lower highs and lower lows.
XRP experienced a gigantic price drop in early October with a massive red candlestick, but it quickly recovered from that “flash crash.”
The price has now stabilized and is currently trading in a tight range, roughly between $2.20 and $2.60.
The current price action shows the price breaking above and then testing this level (around $2.40 – $2.50) from above.
If the price successfully holds above the green line, it confirms this level as new support. This could revive XRP’s bullish momentum.
A sustained break above the recent highs (around $2.60) and continuation of trading above the green support line could push the token closer to the previous trading range ($2.80 – $3.00).
Expanding on DonAlt’s insights, the trader’s approach reflects a broader trend among seasoned market participants who prioritize technical levels in volatile assets like XRP. DonAlt’s prior accuracy in forecasting the Q4 2024 rally, where XRP surged over 300% from lows, adds credibility to his current stance. This prediction was based on accumulating on-chain signals and regulatory tailwinds, including Ripple’s ongoing legal victories against the SEC, which have clarified XRP’s non-security status for secondary markets.
The green line, often drawn using moving averages or Fibonacci retracements in technical analysis, serves as a psychological barrier. Historical data from platforms like TradingView indicates that XRP has respected similar supports in past cycles, leading to bounces of 20-50%. Currently, with trading volume averaging $2-3 billion daily—up 10% from September lows—the market shows underlying interest despite the downtrend.
Regarding the ETF, filings with the SEC by asset managers like Grayscale and Bitwise highlight growing institutional appetite. While not yet trading, the listing notice marks a milestone, potentially unlocking capital similar to Ethereum’s ETF approvals. Analysts from firms such as Bloomberg Intelligence estimate that XRP ETFs could manage $5-10 billion in assets within the first two years, providing a floor for prices during corrections.
XRP’s user base advantage is quantifiable: RippleNet connects over 300 financial institutions globally, processing trillions in value annually. This utility contrasts with speculative tokens, explaining why XRP’s correlation with Bitcoin has decoupled somewhat, dropping to 0.65 from 0.85 in 2024, per CoinMetrics data. DonAlt’s commentary on social platforms echoes this, noting XRP’s “real economy ties” as a buffer against retail-driven sell-offs.
Looking at the price trajectory, the July all-time high followed ETF speculation and a favorable court ruling. The subsequent downtrend, marked by lower highs at $3.20 and $2.90, aligns with broader market corrections tied to macroeconomic factors like interest rate hikes. The October flash crash, triggered by leveraged liquidations exceeding $500 million across exchanges, tested resolve but highlighted XRP’s quick recovery, rebounding 15% within 48 hours.
In the tight $2.20-$2.60 range, oscillators like RSI hover around 50, indicating neutral momentum ripe for a breakout. A hold above the green line could align with the 50-day EMA, currently at $2.45, inviting buyers back. Conversely, a close below might target $2.00, a prior swing low, though ETF news could preempt such declines.
For investors, DonAlt’s conditional entry exemplifies risk-reward balance: entering on support confirmation while setting strict stops. This strategy has yielded consistent returns for the trader, whose portfolio reportedly grew 500% during the 2024 bull run. As XRP navigates this pivotal phase, monitoring volume spikes and ETF updates will be essential for informed decisions.