• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP Shows Growth Amid Market Stability: Analysis and Forecast

user avatar

by Giorgi Kostiuk

2 months ago


Most cryptocurrencies are in the green zone today, with XRP standing out by demonstrating significant growth.

Overall Situation in the Cryptocurrency Market

According to CoinStats, the majority of cryptocurrencies are in the green zone. However, there are some exceptions.

Current Dynamics of XRP Price

Today, XRP has shown significant growth, rising by 4.31%. On the hourly chart, the rate is far from the support and resistance levels. Even though most ATRs have been passed, sharp moves are unlikely.

Midterm Forecast for XRP

On the daily timeframe, the bar is about to close bullish. However, buyers might need more time to accumulate energy for a further move. Trading in the range of $2.30-$2.60 is the more likely scenario. From a midterm perspective, neither side is currently dominating, and the low volume confirms the lack of energy from both buyers and sellers. Sharp moves are not expected by the end of the month.

XRP is trading at $2.4266 at press time. The rate remains stable amid low market participant activity.

0

Share

Other news

Top New Meme Coins: BTFD Coin, TRUMP, and CHILLGUY

The world of meme coins is buzzing, with three tokens: BTFD Coin, TRUMP, and CHILLGUY standing out.

user avatarGiorgi Kostiuk

a few seconds ago

Charges and Sentencing of Alex Mashinsky: Important Lessons for Investors

Alex Mashinsky, former CEO of Celsius Network, sentenced to 12 years in prison. The case highlights accountability in the crypto industry.

user avatarGiorgi Kostiuk

2 minutes ago

Coinbase Reports Revenue Shortfall and Declining Trading Volumes in Q1 2025

Coinbase announces a revenue shortfall in Q1 2025 as trading volumes decrease. Key financial metrics indicate a downward trend.

user avatarGiorgi Kostiuk

5 minutes ago

Bitcoin Shows 65% Market Dominance: What It Means for Altcoins?

Bitcoin shows strong growth with a 65% dominance level, while altcoins begin to strengthen their positions.

user avatarGiorgi Kostiuk

24 minutes ago

DeFiChain Announces New Voting Cycle

DeFiChain has unveiled a new voting cycle coinciding with its anniversary, engaging the community in governance processes.

user avatarGiorgi Kostiuk

25 minutes ago

XRP and ADA: Growth Potential and Interest in MAGACOINFINANCE

XRP and ADA continue to attract investor attention due to positive predictions for May 2025. The new token MAGACOINFINANCE raises interest.

user avatarGiorgi Kostiuk

26 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.