Preparing for a price explosion in 2025.. Technically and institutionally! 📈🔥
XRP recorded a remarkable increase of +40% over the week, breaking the $3.50 barrier supported by strong institutional inflows and significant momentum from exchange-traded funds.
📊 Technical breakout:
XRP has recently exited a long-term symmetrical triangle pattern, which is considered a strong signal for the start of a new upward wave. With $3.00 recorded as a new major support level, the groundwork appears ready for strong movements in the upcoming period.
🎯 Short-term targets:
▪️ $4.10
▪️ $5.70
▪️ $7.00
🚀 In the long term, the price may see a leap up to $16 during 2025, based on technical breakouts and MVRV index analysis indicating a low price compared to fair value.
📌 Factors enhancing optimism:
✅ Increasing regulatory support from U.S. authorities
✅ Expansion of Ripple's adoption in the international remittance sector
✅ Participation of major financial institutions in buying and storing XRP
📍 Is XRP the big surprise in 2025?
All indicators suggest it is one of the currencies that could lead the market in the next bull cycle!
