$XRP $1,000 ๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฟ๐น๐ท ๐๐ ๐ฑ๐๐๐๐๐๐ 1, 2025 ๐๐๐๐๐
๐๐๐๐ ๐๐๐๐๐๐
๐
๐๐๐๐๐-๐
๐๐๐๐ ๐๐๐๐๐๐๐.
$XRP
While most high-profile cryptocurrencies are in the red on a year-to-date (YTD) basis, XRP is a notable exception. At the start of the year, the price of a single token was $2.13 โ by press time on March 24, prices had increased to $2.46.
XRP price year-to-date (YTD) chart. Source: Finbold
Accordingly, a $1,000 investment in XRP made at the start of the year would now be worth $1,155, having accrued a $155 profit.
The optimal time to sell would have been January 16, when XRP was trading at a price of $3.38. A $1,000 investment made on January 1 and liquidated on January 16 would have netted investors a 58.68% return โ or $1,586 in absolute terms.
However, this is merely a snapshot of a little under four months. For the sake of reference, a $1,000 investment made in XRP at the start of 2024, when it was changing hands at $0.61, would have netted a 454.09% return. That investment would be worth $5,540 today โ a stark reminder that significant time in the market usually tends to be a prerequisite for sizable returns. XRPโs market capitalization hasย expanded by $107.6 billionย compared to this time last year โ and further growth will likewise take time.
Despite proving susceptible to market-wide headwinds in the short term, market commentators and analysts remain broadly bullish when it comes to XRP.ย
Renowned technical analyst Gert van Lagen has outlined a double bottom/ascending triangle chart pattern that possibly hints at aย rally to levels as high as $38. Chart pattern researcher Ali Martinez pointed to a symmetric triangle pattern that couldย ignite a rally to $15.
At the same time, the number of XRP addresses has reached aย record high of 7 millionย โ indicating a strong level of consistent, broad appeal.
