#山寨币战略储备# XRP is currently facing a key support area at $2.47, a level that has been tested multiple times since mid-2024 and has become a widely recognized bottom support level in the market. Whether this price level is maintained or not will have a decisive impact on future trends. If this support level is broken, the price may pull back to the range of $1.80-2.00 for adjustment.



From an upward perspective, if XRP can firmly stay above the support level of $2.47, it may gradually break through the resistance levels of $3.50, $4.00, and up to $4.50. Ideally, the price is expected to approach the $4.80 area, but this requires first firmly breaking through and stabilizing at the $4.00 level.

The technical indicators are showing positive signals: the RSI has clearly rebounded from the oversold area, indicating that market sentiment is warming up; at the same time, the MACD has turned positive, demonstrating that buying pressure is increasing.

From a fundamental perspective, multiple financial institutions are adopting Ripple's cross-border payment technology solutions. On-chain data shows that the trading activity of XRP has increased by about 40% this year. Unlike many purely speculative cryptocurrencies, XRP has real application scenarios, which gives it unique practical value.

Investors also need to pay attention to several risk factors: If the Federal Reserve implements interest rate cuts in 2025, it is expected to create favorable conditions for the overall cryptocurrency market; however, the implementation of the EU MiCA regulatory framework may affect market liquidity in the short term, leading to price volatility.

Comprehensive analysis shows that whether the XRP bulls can continue to dominate the situation mainly depends on whether the support level at $2.47 can be held. If this position is successfully maintained, XRP is expected to challenge the $4.80 high within the next 12-18 months; however, if this support fails, investors should shift their attention to the $1.80-2.00 range as the new support level. $XRP
XRP-1.21%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
HodlOrRegretvip
· 4h ago
Early running, early enjoyment
View OriginalReply0
BearMarketNoodlervip
· 4h ago
How long can this support level hold?
View OriginalReply0
AirdropHunterWangvip
· 4h ago
I've been following XRP since 2018.
View OriginalReply0
CryptoMotivatorvip
· 4h ago
Fall, hurry to Margin Replenishment.
View OriginalReply0
NFT_Therapyvip
· 4h ago
Bear Market 带佬xrp
View OriginalReply0
GateUser-0d1fca28vip
· 5h ago
The closing of the monthly candlestick is lower than before, which indicates an inverted head and shoulders pattern. If nothing unexpected happens, it will be a double top on the monthly candlestick.
View OriginalReply0
MevShadowrangervip
· 5h ago
You can trust me, it won't be wrong.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)