Since reaching the psychological level of $3, XRP's price has experienced fluctuations due to various economic factors. In this article, we explore the dynamics of recent changes, analyst assessments, and reactions of cryptocurrency market participants.
XRP Price Dynamics and Macroeconomic Factors
In February 2025, XRP's price dropped below $3, a level achieved during the 2017 crypto market rally. Macroeconomic factors, including trade conflicts, contributed to the drop to $2.40, which is 30% below its all-time high. Despite this, the Ripple-associated token is up 400% from its November 2024 levels.
Analysts' Predictions on Potential Decline
Popular analyst Credibull Crypto suggests that XRP's price could decrease by 30-45%, reaching levels between $1.60 and $1.30. Analyst Nishant Bhardwaj also emphasizes the need to hold above $2.50 to maintain upward potential.
"Strong bounce from sub $2 levels indicates demand, but bearish pressure persists. Watch $2.50; a breakdown could lead to tests of $2.00 & $1.61," notes Bhardwaj.
Trader Reactions and XRP Accumulation
South Korean traders are actively purchasing XRP during the latest market correction, favoring it over other digital assets. CVD analysis shows strategic capital rotation into Bitcoin and XRP, while Ether is being sold off. Major investors ('whales'), holders of significant volumes of XRP, are also increasing their stockpile of the token.
Market analysis and trader behavior suggest that many view the current XRP price dip as an investment opportunity. Expectations of further gains are supported by analysts' forecasts of potential price increases in the medium term.
