It is poised to hit a double-digit figure before the end.
At the end of the year, it is not clear that the top tokens will close the trade above the critical resistance. Bitcoin fails to recover $98,000 and Ethereum may close trading below $3,500. Meanwhile, the price of XRP continues to trade above $2, indicating impressive strength that the token could show big moves in the coming days of 2025. XRP's current trading setup indicates that the token is set to mark a double-digit figure by 2025. As the bulls look ready for a 10x rally.
The price of XRP is currently behaving very slowly, the volume is decreasing and it has reached its lowest level. This may indicate a significant decrease in the number of buyers as the progress appears to be very low. However, after marking a seven-year high near $3, the token is about to close at an annual historic close above $2. Therefore, sealing above $2 levels, which it failed to achieve after the bull run of 2018 and 2021, suggests that the token has more room to grow in 2025.
The price of XRP has been declining since its rejection from the 7-year high near $3 and seems to be on the cusp of consolidation. Meanwhile, a sudden contraction and parallel consolidation of Bollinger Bands after a major expansion. In the past, whenever the bands showed such a contraction, it resulted in a higher breakout.Secondly, the RSI is trying to confirm a bullish reversal, but if another low is found higher, a breakout below the upside support is likely. However, the $1.96 level seems to provide strong support, as it has done since the beginning of the month.
With mass adoption and attention, Ripple has grown fundamentally strong. The recent increase in the trading volume of more than 55 billion dollars shows that the bulls are active on the token. Moreover, several events are expected to occur in 2025, such as the potential XRP ETF, the Ripple vs. The closure of the SEC case, the widespread acceptance of RLUSD and many others may give a significant boost to the XRP price rally in the coming weeks. .
