The price of #xrp $XRP XRP is now around $3.32, having increased by about 11% in the last 24 hours with strong trading volume above $7.7 billion. The market is excited due to expectations of gaining legal clarity from the U.S. Securities and Exchange Commission (SEC) soon, which could drive the currency to rise above $5 in 2025 if the momentum continues.
Key Points: #CryptoIn401(k)
1. XRP has consistently surpassed the $3 barrier and is entering resistance levels at ~$3.60.
2. Technical analysis indicates a strong upward potential with a possible target of $5+ by the end of 2025.
3. Ripple has temporarily halted the release of monthly escrow coins, reducing supply and boosting price.
4. The price depends on regulatory news and institutional adoption for cross-border financial transfers.