The XRP price surged 13% in the last 24 hours to $2.745, with trading volume skyrocketing 56% to $48 billion. This rally follows whale accumulations exceeding $1.6 billion in tokens over the past month.
XRP's Bullish Trajectory
According to independent crypto trader Jacob Canfield, XRP could reach $6.60 by 2025 - a 100% increase from its previous all-time high of $3.40. Technical indicators suggest strong momentum:
- RSI at 95.08 indicates overbought conditions but reflects powerful upward pressure
- MACD shows bullish crossover with histogram bars expanding
- Price trades above both 50-day and 200-day SMAs, confirming the uptrend
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Key Support and Resistance Levels
- Immediate resistance: $3 psychological barrier
- Next target: $3.50 if bullish momentum continues
- Critical support: $1.32 zone that previously acted as strong floor
The project's proprietary Ethereum Layer 2 blockchain offers:
- Faster transactions than mainnet
- Lower gas fees
- Dedicated ecosystem for meme coin innovation
FAQ: XRP Investment Essentials
Q: Is XRP still a good investment for 2025?
A: Many analysts believe XRP could outperform Bitcoin in the next bull cycle, with some targets reaching $6-$10 range.
Q: What's driving XRP's current rally?
A: Combination of whale accumulation, positive regulatory developments, and overall market recovery.
Q: How does Pepe Unchained compare to XRP?
A: While XRP focuses on payments infrastructure, PEPU is a meme coin with Layer 2 technology offering staking rewards.
👉 See the top 5 altcoins projected to 10X in 2025
Remember: Always conduct your own research and never invest more than you can afford to lose. The crypto market remains volatile, and past performance doesn't guarantee future results.