XRP, the native cryptocurrency of Ripple Labs, is demonstrating renewed bullish momentum with a notable price surge. On February 19, 2025, XRP experienced a 6.5% price increase, climbing from $2.51 to $2.65 within 24 hours. This upward movement aligns with broader market optimism and heightened investor interest.
Market Sentiment Turns Bullish
The recent price rebound has caught the attention of crypto traders and investors, leading to increased accumulation of XRP tokens. On-chain analytics from Coinglass reveal a surge in bullish futures bets, signaling confidence in XRP’s upward trajectory.
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$75 Million XRP Withdrawn from Exchanges
A key indicator of long-term holder confidence is the withdrawal of assets from exchanges. Over the past day, $75 million worth of XRP exited trading platforms, suggesting accumulation rather than short-term trading.
Why Are Investors Buying XRP?
- Technical breakout potential – XRP has rebounded from a key ascending trendline.
- Undervalued compared to peers – Investors may see XRP as a high-potential asset.
- Growing adoption – Ripple’s partnerships continue to expand.
XRP Technical Analysis: Key Levels to Watch
According to CoinPedia’s analysis, XRP is forming an ascending triangle pattern on the 4-hour chart, with resistance near $2.80. A breakout above this level could propel XRP toward $3.30 if bullish momentum sustains.
Current XRP Metrics (Feb 2025)
| Metric | Value | Change (24h) |
|---|---|---|
| Price | $2.65 | +6.5% |
| Volume | $1.2B | +11% |
FAQs About XRP’s Price Movement
1. Why Did XRP Surge 6.5% in 24 Hours?
The recovery aligns with broader crypto market optimism and increased accumulation by long-term holders.
2. What Does the $75 Million Outflow Mean?
Large withdrawals often indicate investor confidence, as holders move XRP to private wallets for long-term storage.
3. Can XRP Reach $3.30 Soon?
If bullish sentiment continues and XRP breaks $2.80, a rally toward $3.30 is plausible.
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Conclusion: Is XRP a Good Investment Now?
With strong technical signals, growing accumulation, and positive market sentiment, XRP presents a compelling case for investors. However, traders should monitor key resistance levels and overall crypto market trends.
Would you consider adding XRP to your portfolio in 2025? Share your thoughts!
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