XRP is one of the leading cryptocurrencies in terms of market capitalization, reliability, usability, and convenience. At the time of writing, it is trading at $2.3632 with a loss of 14% over the past three months.
However, despite a decrease of about 15%, XRP is still trading above the 20, 50, 100, and 200-day exponential moving averages.
According to data from TradingView, in the past 30 days, XRP has shown recovery and increased by 13.22%. In the year-to-date timeframe, its price has increased by 13.21%. Source: TradingView
In today's article, we will delve into the technical factors of XRP's price and explore the expected price by the end of Q2 2025. Especially after Q2 2024, XRP's price has seen remarkable growth driven by several factors.
Quick summary of the factors driving XRP's price
Each expert has their own speculations and arguments regarding XRP's price surge, but some key factors include its relationship with Ripple. It is important to note that the elections in the United States have become one of the main reasons behind the price surge.
Adoption and market demand both have a significant impact on XRP's price. The reliability and utility of XRP in enabling cross-border payments through RippleNet are enhanced by Ripple's alliances with major financial institutions, such as Santander and SBI Holdings.
Increased demand as more organizations use XRP for practical purposes often drives the price higher. Significant price volatility can also be due to investor sentiment, influenced by news, social media, and overall trends in the bitcoin market.
Supply factors and technological advancements also affect XRP's price momentum, with improvements to the XRP Ledger, such as enhanced scalability or new features like the stablecoin RLUSD, increasing its appeal and applicability.
Summary of XRP's price
In the monthly timeframe, XRP's identified resistance level is $2.75, followed by $3.35 and $4.31. On the other hand, its support level is $0.8264, followed by $0.2301.
The relative strength index (14) 67.32 indicates momentum, Stochastic %K (14,3,3) is 60.8399 and neutral, and MACD (12, 26) is 0.4737.
XRP has quickly decreased after reaching its most recent peak of around $3.10, falling back to the $2.30–$2.40 range. The price has not yet dropped below the important support level of $2.20 despite this decline.
Instead of suggesting a trend reversal, this indicates that buyers are still in the game and the pullback seems healthy.
The volume profile indicates the validity of the belief that a consolidation phase is underway. During the rise, volume increases sharply before gradually decreasing, which is a typical sign that the market is cooling off after a strong rally.
By the end of Q2 2025, XRP could restart its upward trajectory and retest resistance levels between $2.80 and $3.00 if it can hold above the support level of $2.20.
However, the price could further decline to the $1.80–$2.00 range and may enter a longer consolidation phase if it cannot maintain this support level.
Conclusion
XRP is technically still strong, trading above important moving averages and showing encouraging consolidation rather than trend reversal indicators, despite recent volatility.
Solid fundamentals such as Ripple's expanding partnerships, cross-border payment acceptance, and upcoming technological advancements help maintain the value of this currency.
By the end of Q2 2025, XRP could regain positive growth momentum and reach resistance near $3.00 if it can hold above the support level of $2.20.
But if this support level is broken, there may be further declines and a prolonged consolidation process. After all, the future of XRP remains cautiously positive in a volatile market.