The price of XRP has been trapped in a narrow range since December 2024, leading to expectations of a possible breakout. Technical analysis and increasing network activity may indicate future growth.
Current XRP Price Situation
Since December 2024, XRP's price has fluctuated between $2 and $3 following a significant surge from $0.50 to $2.90. This rise occurred after the U.S. presidential elections when investor sentiment on cryptocurrencies changed. During this time, XRP has struggled to break through the resistance at $3, with a maximum of $3.30 being short-lived.
Technical Indicators and Predictions
Analysis on the 12-hour chart has shown that the XRP price could be preparing for a rise. A technical analyst noted three signals: 1) unsuccessful attempts to dip below the consolidation level, 2) crossing above the 200-period Exponential Moving Average, and 3) the appearance of a new higher high at $2.36 on May 26. To confirm a breakout, XRP needs to surpass the trendline at the $2.4 level, which could lead it toward $4.
Increase in Network Activity and Its Impact
On-chain metrics indicate a growing interest in XRP. The number of active XRP addresses surpassed 360,000 in 2025, setting a new record. This growth indicates increased user activity, which often precedes price changes. The bullish outlook is also bolstered by Ripple's acquisition of Hidden Road and increased usage of the XRP Ledger.
All of this suggests the potential for a breakout and a possible rise in XRP's price. Increased network activity and positive technical signals provide a foundation for expectations regarding future growth.
