XRP News: Can XRP Reach $4 This Altcoin Season Despite Struggles and SEC Lawsuit?
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Ripple XRP: Can Price Still Reach $4 This Altcoin Season?
Ripple’s XRP has struggled in 2025, failing to gain momentum despite a promising outlook. The overall crypto market has been down this year, intensifying focus on Ripple’s recent struggles. However, the impending conclusion of the SEC’s legal case against Ripple Labs could send XRP surging just in time for altcoin season. Analysts are wondering if XRP can still reach $4 this Spring.
Will XRP Drop Below $2 In March 2025?
A potential reversal in XRP’s price could occur if the SEC drops its lawsuit, possibly triggering a rally. The Directional Movement Index (DMI) for XRP reveals that its Average Directional Index (ADX) is currently at 36.98, indicating that the current downtrend is gaining momentum. This suggests that market participants are showing stronger conviction, making the existing trend more likely to continue.
XRP Declines as Short-Term Holders Take Profits, Whales Accumulate
Ripple’s XRP has seen further decline as short-term holders dominate selling activity during the recent market crash. Whales have been accumulating more tokens, adding over $1 billion worth during the crash. If XRP fails to hold the $1.96 support level, it could bounce off the lower boundary of a descending channel. On Thursday, XRP was down 4% NEAR the $2.12 support level, with whales soaking up selling pressure from short-term holders.
Ripple Expands In South Korea With Major Partnership
Ripple has announced a strategic partnership with BDACS, a prominent digital asset custody firm in South Korea, to advance institutional-grade custody services and expand the digital asset ecosystem, particularly for XRP and RLUSD, within the country’s evolving regulatory landscape. Monica Long, President of Ripple, expressed enthusiasm about the partnership, stating that South Korea is gearing up for a wave of institutional crypto adoption. The importance of secure, institutional-grade custody technology cannot be overstated, especially as enterprises prepare for an influx of crypto interest.
