#XRPETFIncoming?

What to expect from XRP price in February 2025?

XRP reached an all-time high of $3.41 on January 16. However, it has remained rangebound since then, facing resistance at $3.27 and finding support at $2.94.

While this sideways move suggests a relative balance between buying and selling pressures, on-chain data suggests that a bearish breakout is on the horizon in the coming weeks.

A surge in profit-taking could threaten fresh gains

XRP saw a massive 500% surge in November 2024, driven by Bitcoin’s rally and Donald Trump’s victory in the 2024 presidential election. The coin subsequently saw a slight correction, settling between $2.6 and $2.0 before bouncing back.