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XRP on Track for Historic Weekly Close: Analysts Weigh In

XRP on Track for Historic Weekly Close: Analysts Weigh In

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by Giorgi Kostiuk

6 hours ago


XRP is gaining traction in the cryptocurrency market, nearing its second-highest weekly close in history.

Current Status of XRP

As of this writing, XRP is trading at $3.24, confidently remaining above the critical $3.03 mark. This fosters optimism among investors following a year filled with significant milestones.

Achievements of XRP in 2025

In 2025, XRP reached its all-time high of $3.65, affirming its positive trajectory. Despite some fluctuations following this peak, XRP demonstrates stability, remaining above both short-term and long-term moving averages.

Technical Indicators and Forecasts

XRP's price rise is accompanied by continued technical strength. The 7-week moving average sits around $2.60, while longer-term indicators, including the 50-week and 100-week moving averages, are well below current levels. This suggests sustained momentum and strong investor interest.

As the week draws to a close, all eyes remain on XRP's ability to hold or extend its position. Staying above $3.03 would reinforce investor confidence and serve as a reference point for traders anticipating future gains.

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