CandleFocus Technical analyst reveals XRP short-term price targets
2025-01-07
Author: Content Editor
XRP, the cryptocurrency associated with Ripple, has been consolidating for over a month following a significant rally. Technical analysis suggests that XRP may soon test key resistance levels, potentially leading to a breakout. The analysis highlights that XRP is forming a symmetrical triangle pattern, indicating a continuation of the prevailing trend. The $2.50 resistance level is particularly significant, as a breakout above it could accelerate upward momentum. Ripple's prospects are gaining traction due to the anticipated departure of SEC Chair Gary Gensler, which sparks optimism for a more crypto-friendly regulatory environment. XRP has outpaced Bitcoin and Ethereum in terms of inflows, and the technical setup and market dynamics point to a strong potential for an upward breakout. However, the token's near-term trajectory appears cautiously bullish, with key market dynamics and supply-side factors adding complexity to its performance.
Related News
SavingDAO Partners with Singular AI Network: Bridging Technology & Innovation Mad Lads Solana NFTs Gain After Parent Firm Backpack Acquires FTX Europe Anthropic starts 2025 on a hot streak with Panasonic AI deal and $60B funding round Top 3 AI Crypto Coins With 10X Growth Potential in 2025 Coinbase Receives Virtual Currency Business License in New York Bitcoin Ends 2024 with Remarkable 121% Gain: Grayscale KULR CEO Predicts Bitcoin Price to Hit $200,000 Soon Coinbase Granted Significant Advance in Court Clash With Gensler's SEC Multicoin Capital eyeing AI agents, institutional ‘frenzy’ in 2025 Court stays order in SEC v. Coinbase case pending appeal Trump admin may ease crypto-banking ties, but caution remains: TD Cowen ETF Issuers Are Buying Bitcoin 20 Times Faster than Total Mining Output Thumzup Media Corporation Acquires $ 1 Million In Bitcoin Dogecoin Dives 10%—But These Meme Coins Are Down Even Worse Here are the top memes with the most active buyers Smart Crypto Starts With Transaction Simulation For Predictable Costs Experienced Analyst Shares Predictions on What Will Happen Next in Bitcoin Price Whale Makes Bold ARC Move, Generates Huge Profits Amid Price Rise Crypto Market Crash: Why BTC, ETH, DOGE, & Other Altcoins Fell Ethereum (ETH) Price Prediction For January 7 Cardano Whales Go on Buying Spree, Is Price Rebound Ahead? Coinbase Receives Virtual Currency Business License in New York Cardano (ADA) Price Prediction for January 8 Whales Focused on These Altcoins in the Last Week: List Updated NEO Price Targets $35 Amid Bullish Momentum and Key Breakout Ripple’s pre-Trump hiring spree Solana Rally Stalls: Pullback To Key Support Signals Potential Correction Injective (INJ) Crypto Skyrockets 40% with 3.0 Upgrade: Next Stop $50? Bitcoin miner’s data center project to be ‘game-changer’ Chainlink Price Builds Momentum for Next Rally with Target At $40 Ethena Price Faces $1 Breakdown as Whale Selling Backs Bearish Pattern Crypto ETF Race: Ripple President Says XRP Will Be Next In Line Elon Musk, Michael Saylor endorse pro-bitcoin Pierre Poilievre for Canadian PM DeXe Protocol Announces Official Launch on Ethereum Rostin Behnam’s parting ask for crypto rules Bitcoin’s brief rally to $100K triggers record 5.4K BTC monthly outflow Meta adopts 'Community Notes' for moderation, wins crypto community approval Whales are returning to older altcoins with the potential for a breakout Anthropic expected to reach $60B valuation after funding deal: WSJ Sol Strategies takes out $25 million credit line to invest in SOL tokens and staking operations Major Portuguese bank blocks fiat transfers to crypto platforms Garanti BBVA Kripto Partners With Bitstamp to Offer Crypto Services in Turkey Ethereum Game 'Illuvium' Reveals AI Agent Plans via Surging Virtuals Protocol Arbitrum Awards Biggest-Ever Foundation Grant to South Korean Megacorp Lotte Group SUI Skyrockets: Bullish Momentum Drives Push Toward $6 Token Spritz Joins Forces with Atleta Network to Revolutionize Web3 Development OKX Launches Perpetual for SONIC Spot Trading Bitcoin Layer 2 Foundations Should Buy Bitcoin For Their Treasuries Analyst Predicts XRP Price Breakout To $3, Here’s When Tiktok Crypto Videos: 68% Contain Misleading Information, Report Warns Bitwise CIO Reacts As Czech Republic Considers Strategic Bitcoin Reserve Bitcoin crosses $100,000 again: Can Trump’s inauguration spark a new all time high? Bitcoin Could Crash Below $30,000: Crypto Analyst Warns OpenLoop Joins Forces with FoxWallet to Enhance Decentralized Network Reshaping the data layer of AI with Grass Hunters of Web3 Joins Forces with Wilder World to Redefine the Metaverse Experience What’s incoming SEC chair Paul Atkins doing on the Hill today? Why These Altcoins Are Trending Today — January 7 Buy signal for two strong cryptocurrencies this week Thumzup Media Corp Buys $1 Million in Bitcoin To Its Balance Sheet Sonic Announces Token Generation Event and Tier-1 Exchange Listings The Altcoin That Has Halved In Value On Binance In The Last Month Is About To Make A Big Jump? Analytics Company Evaluates Bitcoin’s Potential 'Head and Shoulders' Pattern Points to a Sell-Off to $75K: Godbole Coinbase scores rare legal victory as court grants interlocutory appeal in SEC case Is Sui Price Poised to Break $6 or Stuck in a Bearish Trend? BTC miners adopted ‘treasury strategy,’ diversified business in 2024: Report AI Tokens Fail to Mirror 2024's Epic Surge Despite Bullish Nvidia Conference Digital Platforms and Innovation Redefine High-Tech Investment Opportunities Tron Struggles at $0.26, but Resilient Investors Hold Steady Could SHIB become to North America what XRP is to South Korea? Remittance apps give way to stablecoins as a tool for cross-border payments 8,184,600,000,000 Shiba Inu Exit Top Singapore Exchange, What's Happening? VeChain Poised for Enterprise Dominance in 2025 with Key Partnerships and Blockchain Upgrades PEPE Second Worst Performer in Top 100 This Week Here’s why Bitcoin, Ethereum, XRP, and other altcoins just crashed Analytics Company Researcher Says “I’m Not Buying Right Now” Despite Bitcoin’s Decline, Explains Why Meet Jason Marquez: The Truck Driver Who made $750,000 on MicroStrategy Technical analyst reveals XRP short-term price targets Render forms a strong bullish pattern: here’s the next price target Bitcoin Funding Rates Show Traders are Cautious as BTC Drops Below $100K Again Grayscale’s Top 15 Crypto Assets for Q1 2025: Winners and Losers Ethereum Price Prediction – ETH Price Estimated to Drop to $ 3,248.88 By Jan 12, 2025 Bitcoin Price Plunges by $5K in Minutes: Leaves Almost $400 Million in Liquidations Cardano (ADA) Price Prediction for January 7 Michael Saylor Highlights Massive 258,320 BTC Milestone: Details After the Sudden Decline in Bitcoin, Analyst il Capo, Who Said There Will Be a Decline This Morning, Published a New Breaking Assessment Whale Activity Sparks Greed: XRP Hits 95, DOGE Follows at 93 Beyond Trump: What drove crypto in 2024 VIRTUAL’s Recent Performance and Price Analysis: A Potential Bounce Play Ahead Pepe Coin Volume & Social Dominance Drop: What This Means for PEPE Price Fidelity Bitcoin ETF Beats BlackRock by Daily Inflows: Details BTC price loses 4% on US JOLTS data as Bitcoin trader warns of $92K dip Correlation Between Bitcoin and U.S. Stocks Reemerges: Van Straten Jasmy price forms a risky pattern: can it fall 22%? CEXs and DEXs in 2025: Insights from CoinGecko, Gate.io, and PancakeSwap Leaders Corporate Bitcoin treasury doubled in the last 12 months Why Ether Could Outperform Bitcoin in 2025 Bitcoin (BTC) Price Prediction for January 7 Bitcoin Weekly PPO Turns Red At $102,000, What It Means For The Bull Market How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines Bitcoin-based DeFi Protocol Velar Announces Brand Transformation From Laser Eyes to Upside-Down Pics: The New Bitcoin Campaign to Flip Gold 217 Billion PEPE Stuns Kraken, What's Going On? RLUSD Triumphs Over PayPal and Euro—Ripple Poised to Redefine the Industry 500 Billion SHIB Snatched by Whales in 24 Hours: Is Shiba Inu Coin Ready to Soar? Is Bitcoin's Correction Over? Analysts Pointed to This Price Level! Here Are the Details Rare Solana Price Pattern Hints 100% Rally As SOL Beats Ethereum & Base Singapore’s OCBC bank launches fractional tokenized bonds for corporates Bitcoin Price Analysis: Can BTC Register New All-Time High After Reclaiming $100K? TRX price steady as Tron outperforms Ethereum on key metric Democrats Should Reverse Their Stance On Bitcoin Ethereum’s (ETH) $4,000 Rally Faces Resistance Amid Increased Sell Orders Time to Buy Shiba Inu? Whale Moves 8.18 Trillion SHIB BEVM Partners with UTXO Stack to Advance DApps Growth on Bitcoin Network Shiba Inu Builds Momentum: ‘Monster’ Price Move Coming—Analyst Cardano Founder Slams Anti-Trump Political Tactics as Distracting KULR Technology predicts $200K Bitcoin price after buying $97K dip Bitcoin’s Surge and the Role in Advancing Blockchain Interoperability Dogecoin (DOGE) Hits New Record! What Does It Mean for Price? 3 Reasons Why Shiba Inu Price Will Never Hit $1 Veteran Trader Tone Vays Back to Bitcoin (BTC) Long at $100,000 China’s market and yuan meltdown could usher in Bitcoin-Trump rally 2.0 Bybit launches Physical Card in Brazil, perks and rewards for users $200M Raised for Solana's ‘COMMing SOON’ NFT Mint TRON Recovers And Approaches The High Of $0.28 Digital bitcoin miner GoMining expands to Solana ahead of NFTs launching on Magic Eden a16z crypto outlines top 5 trends shaping crypto’s future in 2025 Sui founder reveals the next AI ‘big opportunity,’ eyes partnership with OpenAI Andrew Tate’s BRUV party is pro-bitcoin and batshit crazy Binance Coin To Burn $1.02b Worth BNB: Will Price Hit $1,000? $ZAI Surges to $30M in Market Capitalization within a Few Hours of Release US stock market’s concentration hits all-time high. Is that a problem for crypto? XRP and Dogecoin Funding Rates Point to More Upside in Market Recovery Steve Hanke Calls US Bitcoin Strategic Reserve 'Stupidest Idea,' Here's Why 3 Altcoins That Reached All-Time Highs Today — January 7 Aptos shows early signs of recovery, but will THIS hinder APT’s upside? ‘Hype Cycle’ To Last Another Four Months for This Altcoin Sector, According to Real Vision Analyst Jamie Coutts XRP’s Total Market Cap Tops $139 Billion. Why is It Up Today? Ripple taps Chainlink standard to boost RLUSD utility and DeFi access Injective’s (INJ) 33% Rally Triggers Short Squeeze Speculation Telegram snitched on 2,000 users to US authorities in 2024, report CZ Calls $100,000 Bitcoin 'Boring': What's Next? AI predicts Cardano (ADA) price for 2025 Western Union and MoneyGram app usage drops as stablecoin adoption surges Bitcoin (BTC) addresses with balance up to $1,000 reach an all-time high JamboPhone Launches Token J with January 2025 Airdrop Plans Ethereum Price Analysis: Will ETH Reach $4,000 in January? Bitcoin up 400% since Trudeau mocked political opponent for telling people to ‘buy BTC’ Just-In: US CFTC Chair Rostin Behnam To Depart On January 20 The Next Wave of Corporate Bitcoin Adoption Seems to Be on Its Way Coinbase Exec Slams US Treasury’s Cybersecurity Gaps Post-Hack Factors To Consider When Choosing a Crypto Exchange for Digital Asset Trading XRP Dominance Predicts Price Trends: $10 to $13 Target Range Aptos, Jito, and Neon Set to Release Over $250M in Value: This Week’s Biggest Token Unlocks Ripple overtakes Ethereum as second-most preferred token in South Korea: report Bullish: Coinbase premium index completely reverses course and is now back in the green What Is ‘Zoo’? The Telegram Crypto Game With an Upcoming Airdrop ‘Banks should build on public blockchains’ – Nick Ducoff, Head of Institutional Growth at Solana Foundation Smart Money’s $277K Bet Yields $223K Profit in Ora Protocol Nvidia CEO Predicts AI Agents Will Become a Multi-Trillion Dollar Industry FTM could rally over 250% following its transition to Sonic: analysts Will SUI Price Extend Its Rally To $6 After Hitting New All-Time High? What is Virtuals: The Launchpad for AI Agents ? Czech National Bank governor weighs Bitcoin for future reserve strategy Is a BlackRock XRP ETF coming? Here’s what we know Why is Bitcoin (BTC) Price Up Today? Tether backed Oobit seeks license in UAE Shiba Inu's Coinbase Trading Volume Skyrockets 1,711%: Reasons Bitcoin gurus see these BTC price levels hitting next as $100K holds “Pierre Poilievre Eating Apple” Interview Is A Masterpiece, Says Elon Musk 77 Trillion Shiba Inu (SHIB) Level on Verge of Disappearing Here's how this smart trader accumulated $40 million of profit with AI cryptocurrencies Hedera Traders Pour $144 Million into HBAR; Eye Breakout From Month Long Consolidation ⚡ How to Farm TPS in Crypto News? MEXC Adds Euro Support to Simplify OTC Trading for Europe Bitcoin ETFs acquired nearly three times the amount of BTC produced in December Bitcoin Mining Profitability Rose in December for Second Month in a Row: JPMorgan Michael Saylor Advocates Burning Bitcoin Keys After Death as a Pro-rata Contribution RWA Market Thrives: Top Tokens Gain Big as TVL Hits $7.6 Billion Binance BNB Coin Targets $841 With Breakout Rally Shiba Inu Price Could Touch $1—Here’s How and Why FOX Business Reports XRP is the Coin to Watch Right Now Dormant Uniswap Wallet Reappears after 1 Year, Earns Massive Profit Amid UNI Price Gains Grayscale and Artemis Classify XRP as a Store of Value How to send money to family and friends abroad with cryptocurrency Cardano Quietly Returns to Grayscale’s Largest Multi-Asset Fund IO.NET Ex-CEO ‘Ahmad Shadid’ Invests $130M in O.XYZ, Redefining the Future of AI $2 Billion in Bitcoin (BTC) in 24 Hours: Open Interest Skyrockets Ripple Welcomes 1.7 Million Newly Minted RLUSD Ahead of Big Development Vechain Analysis: Can VET Reach $0.10 With $0.056 Breakout? JUST IN! Binance Announces Listing of Three New Altcoins! Stellar price analysis: key levels to watch after XLM’s 40% gain Toncoin Continues Its Range Above The $5.00 Support Russian man beaten and robbed in Thailand over crypto dispute WazirX users might get relief as this exchange unveils $70M recovery fund Crypto, Politics, and Power: How Musk and Soros Shape 2025 US Politics Walmart and BMW Partnerships Help VeChain Scale in 2025 As Bitcoin Hits $102K, Will Bulls Drive the Rally to $106K? ELF token to undergo network upgrade on Binance Brandt Says XRP Could Hit $502B Market Cap, Citing Weekly Half Mast Flag Ethereum price prediction: top reasons why ETH may surge in 2025 Pro-XRP Lawyer Says SEC Will File Appeal Brief, but Don’t Be Dismayed AirDAO Unveils MAGA Wallet to Simplify Web3 with Seamless Features and Security List of Solana Altcoins Developers Are Focusing on the Most Released – Here’s the Top 10 SOFA Protocol Integrates with Space ID for Readable Wallet Addresses and Smarter DeFi Billionaire Tim Draper Compares Bitcoin to Netflix Weekly Price Analysis: Bitcoin Remains Rangebound while Altcoins Fly Kazakhstan Blocks Over 3,500 ‘Illegal’ Cryptocurrency Exchanges XRP SuperTrend Reads Buy Again, a Move That Previously Led to 470% Price Surge Binance Alpha Announces 11th Party Tokens in Pre-Listing Program! Here Are the Details Here are Returns on $100 Invested in XRP at Launch Compared to Bitcoin Filecoin Price Breaks Multi-Year Triangle, Targets $30 Midterm Rally XRP Price Analysis: Will Ripple Hit $500 Billion Market Cap in 2025? Crypto Markets Add $100 Billion as Bitcoin (BTC) Soared to 18-Day Peak (Market Watch) ZKsync’s total value locked rises as it allocates 300 million tokens for DeFi incentives Worldcoin (WLD) Climbs to 30-Day High, Dominates the Market Dogecoin Futures Set New Record as Analysts Target $1 DOGE in 2025 Crypto Mining Scam: How the BitMiner Fraudster Group Swindled $157K from Victims Pro XRP lawyer asks the crypto industry to pull money out of politics – The SBF and Soros case point This Altcoin Enters the South Korean Market! Listed on the Largest Exchange! Here Are the Details HBAR price forecast: here’s why Hedera Hashgraph will hit $1 Solana Open Interest Hits All-Time High of $6.68 Billion as Traders Eye $264 Price Peak Bitcoin Bull Run Could Be Accelerated by China's Market Meltdown, Crypto Observer Says Arthur Hayes Predicts Crypto Market Peak in Mid-March Before Severe Correction Will Dogecoin Price Hit $0.5, or Is a Correction Imminent? US Bitcoin miners stockpile BTC as resource battles heat up Solana’s AI Memecoins Are Thriving, but Is the Hype Here to Stay? New Solana proposal aims to fix scalability issues with ‘lattice’ system 4 reasons the Binance BNB price will surge to $1000 soon HashKey secures VASP license in Ireland under MiCA regulations New EU Rules Could Threaten Your Security – What You Need To Know Hong Kong Deepfake Scam Group Caught Pretending to Be Rich Single Women SPX6900 surpasses $1.5B market cap first time ever as open interest shoots up Massive $ENA Sell-Off: Whale Realizes 64.2% Profit on $6.01M Transaction Bitcoin Price Breaks $100K: Bulls Set Their Sights Higher Bitcoin Price Hits $100K But Why Are Traders Cautious? Enron returns with humorous 'nuclear egg' parody mocking tech launches Ripple Sees UAE Driving Global Crypto Adoption – 2025 Looks Huge Ethereum Price Prediction For January 7 Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2 Victim loses $520k in LINK to fake bridge website: Scam sniffer XRP Eyes $500B Market Cap as Peter Brandt Signals Potential Breakout Seeker and Firedancer expected to ship Solana products in 2025 Pompliano with $100 Million Fortune Talks About Bitcoin, Evaluates BTC’s Future Sui bids for new ATH as TVL skyrockets Solana Back Above Weekly & Monthly Support Levels – Analyst Expects New ATH Analyst Says “Cryptocurrencies Will Be Like the New Space Race in the Trump Administration”, Shares What He Expects FTX Creditors Scramble as KYC Hurdles Threaten Claims Deadline Up to 20 Bitcoin Reserve Bills Expected at US State Level Bitcoin ETFs roar back with second day of $900M+ inflows Bitcoin ETFs scooped up almost 3X more BTC than produced in December Babylon Kicks Off Phase-2 Testnet With These Staking Features CoinRank Ensures Interactive Web3 Experience in Collaboration with CyberCharge Crypto Prices Today Jan 7: Bitcoin Bulls Return as BTC Hits $100K, Altcoins Shine ReadyGamer announced as Virtual Protocol rides wave of investor confidence Kyber Network Unveils ‘Kyber Earn’ to Simplify DeFi Liquidity Earnings Solana Proposal Promises to Bring Support to Billions of Users Canadian PM front-runner Pierre Poilievre champions crypto and DeFi, watches Bitcoin YouTube videos Crypto markets expect about $7.2 billion in crypto token unlocks in January 2025 XRP Price Prediction for January 7 Midle Partners with zkAGI to Lead the Future of Privacy-Powered AI Canada Can Get Crypto-friendly PM as Justin Trudeau Resigns Dogecoin Set for Key Retest at $0.40; Is a New Peak Likely? Canada PM frontrunner once vowed to make the country a ‘crypto capital’ Shiba Inu’s lead developer Shytoshi Kusama debunks fake TREAT claims L2 activity reaches more than 4.5 times the transaction count on Ethereum DePIN Revenue Grows Over 100x in 2024, Messari Research Shows Liberland announces results of January 2025 test congress election Dogecoin (DOGE) Breakout in, But There's a Catch; Massive XRP Battle Incoming, Stellar Lumens' (XLM) New Price Support Incoming