The XRP price continues to hover near the $2.50 mark as traders weigh macroeconomic data, technical signals, and shifting on-chain trends that could dictate the next major move.
Despite subdued momentum, bullish sentiment appears to be building again as XRP eyes a decisive breakout above the $2.80–$3.00 resistance area.
XRP Price Today Holds Firm Near Key Support Levels
At the time of writing, the XRP price today stands around $2.50, marking a 4% rise in the last 24 hours from $2.40. The XRP market cap has climbed to nearly $146.4 billion, while daily trading volume has dipped 15.5% to approximately $3.37 billion—a sign that retail participation may be cooling off even as whales accumulate.
XRP was trading at around $2.495, up 4.11% in the last 24 hours at press time. Source: XRP price via Brave New Coin
Over the past week, XRP gained close to 10%, showing relative resilience against broader market fluctuations. Traders are closely watching the $2.45–$2.50 range, which has become a battleground between cautious buyers and profit-taking sellers.
Market analyst Kamran Asghar shared a chart noting that “XRP is coiled and ready,” pointing to a clear ascending support trendline near $2.45 and a resistance zone at $2.46–$2.47. According to him, a strong breakout above this area could send the XRP price toward $2.80, supported by whale accumulation data and decreasing exchange reserves.
Technical Structure Points to Impending Volatility
The XRP chart shows price action compressing within a tightening wedge pattern, suggesting a major move may be imminent. XRP currently hovers just above the 200-day exponential moving average (EMA) at $2.61, with shorter EMAs near $2.52 and $2.69 forming a cluster of resistance levels.
XRP remains poised for a breakout, with ascending support holding firm and a decisive move above resistance potentially driving the price toward $2.80. Source: @Karman_1s via X
As technical analysts note, a clear daily close above $2.60 would likely confirm a breakout, paving the way toward the $2.75–$2.85 region. Conversely, a drop below $2.35 could accelerate declines toward $2.10–$2.00, signaling a structural breakdown.
The Relative Strength Index (RSI) sits around 43, reflecting subdued momentum but also suggesting room for upside if bulls defend the $2.35 floor. Repeated upper wicks on recent candles highlight persistent selling pressure near $2.70, keeping the XRP value under strain in the short term.
On-Chain Data and Market Sentiment
According to on-chain data from Coinglass, approximately $22.74 million in XRP was withdrawn from exchanges on Thursday, continuing a multi-week trend of liquidity withdrawals. Such outflows typically signal investor caution, but they can also indicate accumulation if large holders are moving tokens into private wallets for long-term holding.
At the same time, exchange reserve data show a 3.36% decline since early October, aligning with the idea that whales may be positioning for an eventual rally. Analysts suggest that if momentum revives alongside improved liquidity, XRP could see renewed inflows that help push prices beyond the $2.80 resistance zone.
Ripple’s Expansion and Broader Macro Trends
Investor optimism has also been fueled by Ripple’s recent $1 billion acquisition of GTreasury, a strategic move aimed at expanding the firm’s on-chain liquidity infrastructure and strengthening its footprint in decentralized finance. The development adds a fundamental layer of support to Ripple XRP news today, hinting at growing institutional engagement with Ripple’s ecosystem.
The weekly XRP/USD chart shows the Stochastic RSI below 20, indicating oversold conditions following a 600% rally from $0.30 to $2.45, suggesting a potential reversal or consolidation phase. Source: @Steph_iscrypto via X
Meanwhile, the broader crypto market awaits the latest U.S. Consumer Price Index (CPI) report, which could influence near-term direction. A softer inflation print may ease pressure on the Federal Reserve and lift risk appetite, potentially boosting assets like XRP. In contrast, stronger inflation data could strengthen the U.S. dollar and weigh on digital asset valuations.
Correlation trends remain crucial—a recovery in Bitcoin and U.S. equities could lift overall market sentiment, allowing Ripple XRP price to regain upward momentum. However, without that macro support, XRP risks slipping further if the $2.35 support fails to hold.
Outlook: Bulls Eye $2.80–$3.00 Breakout Zone
For now, XRP stands at a critical crossroads. The current XRP price needs to maintain stability above $2.35 to preserve its bullish structure. A successful push above $2.60 would open the door to the $2.75–$2.85 range, and a breakout beyond $2.80–$3.00 could confirm the next leg of the rally—potentially extending toward the $3.50 mark in the coming weeks.
However, losing $2.35 would shift momentum sharply in favor of bears, exposing the XRP coin price to a correction near $2.10. Traders are watching closely for clues from macro data, Ripple’s ecosystem updates, and the XRP SEC lawsuit developments that continue to influence investor sentiment.
As the XRP price prediction 2025 discussions heat up, market participants remain divided—some foresee a strong recovery driven by institutional adoption and potential XRP ETF approval, while others warn that overextended optimism could face liquidity headwinds.
Still, with Ripple expanding its financial network and whales showing steady accumulation, the balance of probabilities may favor the bulls—provided the price of XRP can break convincingly above the $2.80–$3.00 zone in the days ahead.