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Cryptocurrency News Articles
XRP in the Green: Weekly Gains Signal Bullish Momentum
Mar 26, 2025 at 09:21 pm
Today, the crypto market had a bullish day, with most big coins recording daily gains. Bitcoin, for example, reclaimed the $88,000 price point and has been rising ever higher.
Today, the crypto market had a bullish day, with most big coins recording daily gains. Bitcoin, for example, reclaimed the $88,000 price point and has been rising ever higher. The number one crypto based on market capitalisation reached 0.8% daily growth and is trading at $88,168. Additionally, Shiba Inu is placed as the biggest gainer among the top 30 cryptos today. This coin recorded 14.9% of daily gain and 15.5% of weekly gains, now trading at $0.00001552. Now, market data shows that XRP will be the next big coin to surge in price.
XRP in the Green: Weekly Gains Signal Bullish Momentum
XRP was in the green today as it has seen a 0.4% daily and a 7.2% seven-day increase. It now trades at $2.46, which is 27.4% lower than its all-time high of $3.40. This ATH was reached on January 7, 2018. This coin recorded a 24-hour price range of $2.43 low to a $2.48 high.
(Image: Trading View)
Although this coin has lost some of its 2025 gains, the XRP market is showing a bullish sentiment once again. This is caused by positive developments, such as the SEC dropping its Ripple lawsuit.
Analysts Say XRP Could Hit $3.40 Before Shooting for $40
There are also technical bullish signals that point to an upcoming XRP price surge to $3.40. Crypto Patel, a crypto analyst, has shared that his analysis of sell order liquidity points to a bullish market. Additionally, he thinks that XRP will test the $2.99 level first before surging to $3.4. Steph, another crypto analyst, also reaffirmed the $3.40 surge prediction and pointed out a possible falling wedge breakout. Another crypto expert, XForceGlobal, shared his long-term XRP price prediction, pointing to $20 and $40 as the long-term goals.
Chart 1 – Provided by Glassnode, published on Glassnode, March 26, 2025.
Based on Chart 1, XRP’s on-chain metrics paint a mixed picture for XRP’s future. As seen in Chart 1, XRP has been experiencing the highest level of network value to transactions since November 2020. This surge in NVT shows that XRP market capitalisation is increasing faster than its transaction activity. Usually, this signals that an asset is overvalued or grows too fast, which can also indicate low investor confidence. However, the fundamental developments for the XRP token have been supporting the bullish sentiment as Ripple expanded its operations.
Bullish Catalysts Align: XRP Price Surge Fueled by ETF Buzz
Fundamental catalysts are needed to achieve an XRP price surge and to reclaim the all-time high of 3.40. These catalysts, however, are present as the ripple CEO Brad Garlinghouse recently dropped some positive news on his X account. He mentioned that the SEC has dropped its case against Ripple, injecting bullish energy into the community. Additionally, with Ripple expanding its business to Dubai, fresh investment from this new market will strengthen the buying pressure. Moreover, based on Nate Geraci’s statement, the XRP ETFs will be coming to the markets soon.
From $3.40 to $40: Analysts See Bright Future in XRP
As Ripple expands, it will bring in a bigger user base for XRP, and the contrast in the NVT will be solved. Additionally, with the regulatory clarity from the USA’s SEC and government, we could see significant domestic growth for the XRP token. Additionally, as we go over the XRP price prediction, most analysts present a bullish view. So if the fundamental support continues, XRP will likely reach $3.40 in the short term. In the long term, this coin could also land in the range of $20 to $40.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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