XRP’s 2025 Comeback: Key Drivers of Its Surge
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Written by
Yana Levkovich - Updated 2025-01-15 18:37:05
XRP has made a strong recovery in 2025, reaching $2.89 on January 15. This marks a six-year high for the cryptocurrency, reflecting a 30% jump from its recent monthly low and erasing early-year losses.
One key factor behind this growth is heavy buying by large holders, often called “whales,” who own between 1 million and 10 million XRP tokens. Market optimism has also been fueled by a JPMorgan analyst’s prediction that U.S.-approved XRP exchange-traded funds (ETFs) could attract $4 billion to $8 billion in investments.
Another potential boost for XRP is the political climate. The inauguration of President-elect Trump on January 20 is being viewed as a pivotal moment that could lead to regulatory clarity and ETF approvals.
On the daily chart, XRP recently broke out of a bull flag pattern. This structure appears after a sharp price rise, followed by a consolidation phase within a downward-sloping channel. The breakout suggests a potential climb of 50%, with the price target near $4.16, based on the height of the earlier upward trend.
XRP’s relative strength index (RSI) sits at 66, indicating there’s still room for upward momentum. Additionally, the price remains above its 50-day exponential moving average (EMA) at $2.15, which acts as a support level, strengthening the bullish outlook.
Weekly Chart Suggests Double-Digit Prices
On the weekly chart, XRP has entered the breakout stage of a bull pennant pattern. This pattern forms when prices consolidate into a triangular shape after a strong upward move. If XRP follows this trend, it could rise to $13-$14 in the coming months, representing a 370% increase from current levels.
Key moving averages further support this bullish outlook. XRP is trading well above its 50-week EMA ($1.64) and 200-week EMA ($0.69). Fibonacci retracement levels reinforce $3 and $4.62 as resistance points, with $13 as the next major target. However, the RSI at 79.5 indicates XRP is overbought, suggesting the possibility of a short-term pullback before continuing upward.
Long-Term Potential: Targets Beyond $10 and $18
Analysts see even greater potential for XRP. Drawing comparisons to its massive rally during the 2017 bull market, where XRP gained over 1,000%, some predict prices could reach $10.22 and even $18.23. These targets are based on Fibonacci retracement levels from past bull cycles.
While XRP’s recent performance is encouraging, factors like overbought conditions and market volatility could lead to short-term corrections. However, with strong fundamentals and bullish technical patterns, XRP seems poised for significant growth in 2025.
