XRP News: Calm Before the Storm? Analyzing Ripple’s Price Dynamics and Recent Growth
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Calm Before the Storm for XRP? (Ripple Price Analysis)
Ripple’s native token XRP has been trading within an expanding wedge pattern, recently finding support at the lower boundary at the $2 support level, which aligns with the 0.5 Fibonacci retracement level. Significant resistance is observed at the 100-day moving average of $2.5. Until a decisive breakout occurs, further consolidation is expected within its current range.
Ripple (XRP) Shows Unprecedented Growth over Past Six Months
Ripple ($XRP) has reportedly made significant waves in the crypto market with its unparalleled price surge. As per the market statistics, Ripple ($XRP) has witnessed a staggering 326.36% price growth over the past six months. The prominent factors fueling this massive price growth of $XRP include the rising institutional adoption, legal rulings, as well as spiking investor confidence. In line with the market statistics, since October last year, a huge 326.36% jump in $XRP’s price shows its potential for additional growth.
XRP’s FDV Tops $240 Billion, Surpassing Ethereum’s
XRP’s fully diluted valuation (FDV) has surpassed Ethereum’s, reaching over $240 billion. This metric measures the value of a project’s total token supply, including tokens not yet in circulation. While Ethereum does not have a maximum supply, its current total supply is 120.61 million ETH. Despite XRP’s higher FDV, Ethereum’s market cap is still almost twice that of XRP, at $232.93 billion compared to XRP’s $141 billion.
Ripple Recovers 50% of Losses: Where Will XRP Go Now?
2025 has been a volatile year for the cryptocurrency market. Ripple (XRP) has recovered 50% of its losses, gaining 13% over the last several days and poised to face a key resistance level at the $2.33 mark. Long-term holders remain profitable, and historical trends indicate a potential bullish price trajectory for the token. Last week, it was revealed that the US Securities and Exchange Commission (SEC) would delay ongoing filing for an XRP ETF.
