TL;DR
- XRP records a 6.19% rise, reaching $2.41 and solidifying its position as the third-largest cryptocurrency by market capitalization.
- Technical indicators, such as the golden cross and a bullish RSI, support a potential rise to $3 if the $2.59 resistance level is broken.
- The increase in network activity, with over 26,000 active addresses, demonstrates growing adoption and confidence in the XRP ecosystem.
The cryptocurrency market has started 2025 with strong momentum, and XRP, Ripple’s native token, has taken the lead with a notable 6.19% increase in the last 24 hours. With a current price of $2.41, XRP has broken through key resistance levels, establishing itself as one of the standout cryptocurrencies in the market.
Investors have supported this growth largely due to the rise in network activity, which reached 26,144 daily active addresses on January 2. This metric reflects a consistent increase in XRP adoption and reinforces its perceived utility within the ecosystem.
Technical Indicators and Bullish Outlook
From a technical perspective, XRP has surpassed the $2.30 resistance level and formed a bullish flag pattern, suggesting that the next target could be $3. However, achieving this goal will depend on breaking through the critical $2.59 level.
Additionally, the MVRV ratio (Market Value to Realized Value) stands at a high 314.74%, signaling confidence among both new and long-term investors. Other indicators, such as the RSI above 58 and a golden cross between the 9-day and 21-day moving averages, further validate the strength of the bullish trend.
A Favorable Context for XRP
Beyond technical aspects, the market has benefited from positive regulatory expectations in the United States. Speculation suggests that an ETF based on XRP could soon be approved, something Ripple’s CEO, Brad Garlinghouse, has called “inevitable.”
With a market capitalization of $138.1 billion, XRP has not only surpassed Tether but also strengthened its position as one of the most relevant assets in the market. The next challenge will be maintaining momentum by breaking past $2.59 and paving the way toward $3, as investors remain focused on regulatory and adoption developments.
