#XRPETFIncoming?
After reaching a local maximum, XRP experienced a correction that brought it to an accumulation zone between 2.6 dollars and 2 dollars. Subsequently, the token surpassed the resistance of 3 dollars and recorded a new ATH of 3.40 dollars on January 16, 2025.
At the time of publication, the Ripple token has retraced nearly 10% from its ATH and is trading at 3.09 dollars, according to data from BeInCrypto. However, the price of XRP has accumulated a 10% increase in the last two weeks and a 50% increase over the last month.
Thanks to this, the altcoin has established itself as the third largest cryptocurrency in the market, with a market capitalization exceeding 177.81 billion dollars.