by Reza Ali
XRP price increased the previous day, which amounted to 0.94%, resulting in a value rise from $2.14 to $2.16. The daily trading peaked at $2.22 before prices sank to $2.12, thus demonstrating short-term price movements in a generally stable price arena. The total value of XRP tokens currently amounts to $125.77 billion, while the 24-hour trading activity reaches $3.3 billion.
XRP price has maintained steady performance throughout the last seven days by dropping 1.8% from its previous value. Exchange activity shows investors have kept inflows and outflows at equivalent levels, reflecting a market position of neither support nor resistance to current price changes. Let’s dive into the XRP price prediction for Mar. 2 brought to you by Blockchain News.
Current Market Overview
- Current Price: $2.16
- 24-Hour Change: +0.94%
- 7-Day Performance: -1.8%
- Market Cap: $125.77 billion
- 24-Hour Volume: $3.3 billion
Analysts’ Price Predictions for XRP
Multiple crypto analysts and traders think about XRP price predictions that XRP may overcome the $2.25 resistance threshold. Market analysts stress that XRP must retain a price above $2.10 for the bullish outlook to remain valid. The market sentiment indicates careful optimism about a slow upward movement of XRP prices.
In his X post on March 1, Ali Martinez provided his current market analysis. Technical analysts use the head-and-shoulders pattern as a trading indicator because it shows that the XRP price may shift from its upward pattern to a downward trend.
At present, XRP is the fourth largest digital currency by market capitalization following recent price movements, which have reduced it by 19.5% over the last seven days, while the Bitcoin price crashed from $90,000, as reported by Blockchain News.
Since its launch in 2012, the XRP ledger has supported low-cost, quick transactions and decentralized applications, and this functionality affects price behavior, as CoinMarketCap and CoinGecko data demonstrate.
XRP prices and actions of whale investors (large investors) demonstrated their shared impact on market trends in recent price drops after whales accumulated 440 million XRP during the market crash, according to Ali’s post from Feb. 28.
The 90 million XRP selling operation performed by whales led to XRP’s decline to $2.12 while broader market concerns and late-year price fluctuations from $2.90 reached $2.22. Crypto specialists expect support at $2.12 to allow XRP to rise until $2.45, but any breach would direct the price to $1.99, according to an early 2025 market analysis of whale activity.
Ripple’s Legal Battle & XRP’s Future
The post features Ben “BitBoy” Armstrong, who predicts XRP will increase in value on Fox Business during the “Crypto Dog Fight” segment while legal events in Ripple’s SEC dispute continue.
https://twitter.com/RandomCryptoPal/status/1895540470929113443
Armstrong’s prediction regarding the XRP lawsuit corresponds with opinions expressed by Hogan and other legal experts in February 2025 about the case settlement dates (March 14, April 11, and May 1).
The XRP Ledger performs better than Bitcoin because it offers business-oriented, speedy, and inexpensive payment capabilities while operating within its XRP Ledger native environment. An analysis of their technological factors and market differences in the financial industry reveals this point.
XRP Technical Analysis
Technical analysis shows XRP has three strong resistance points between $2.25, $2.35, and $2.50 and three lower support points between $2.10, $2.0,0, and $1.85. The currency resides above its 200-day moving average in the current market, thus indicating a bullish trend in the long term.
The Relative Strength Index (RSI) shows a reading of 55, demonstrating a middle-level momentum situation because it lies neither overvaluation nor undervaluation. The MACD indicator displays the MACD line placing itself above the signal line, indicating minor bullish technical momentum. The market emotion stays consistent because trading volumes display a level pattern without dramatic shifts.
What Are Whales Doing?
XRP Whale, a prominent XRP analyst and tracking platform in X post, demonstrates increased investor interest in XRP cryptocurrency by showing thousands of XRP units purchased as buy orders on recent market transactions in February. Prospects from web-based sources project XRP will achieve prices of $2.23 to $2.79 throughout April 2025 while showing potential for $19.40 by 2030 based on market behaviors; nevertheless, the article’s projection of $10 XRP value appears exceptionally optimistic.
On Feb. 3, the Ripple company issued 1 billion XRP through its regular monthly escrow release. On Feb. 26, Brett Crypto, a crypto analyst on X, shared a chart sourced from Santiment, which shows a major price drop in XRP, correlating with whale selling activity. The activity shows large holders sold over 370 million XRP in 96 hours, potentially indicating bearish market sentiment.
A large injection of new XRP tokens into circulation brought a major decrease that pushed the price value of XRP down 24.6% over one day. XRP stays volatile because investors remain cautious in response to market-wide declines combined with regulatory confusion and extra tokens in the market that lead to selling activities.
Regulatory Uncertainty Over SEC Lawsuit
The prolonged SEC lawsuit against Ripple Labs continues to weigh heavily on XRP’s market value. XRP received stepwise legal support in 2024 when retail XRP sales were found free from security requirements, but the entire lawsuit persists in creating confusion about XRP’s long-term prospects.
XRP experienced a price decline during a market-wide decline in cryptocurrencies. Public market sentiment shifted to negative during early 2025, thereby decreasing digital asset prices. The global crypto market cap suffered about 6-8% depreciation during late February, intensifying the downward pressure on XRP.
What Should Traders Do?
- Long-term investors: Maintaining current positions may be prudent, considering Ripple’s overall bullish trend and positive developments.
- Short-term traders: Monitoring the $2.25 resistance and $2.10 support levels is crucial for making informed trading decisions.
XRP Price Prediction
- Bullish Case: If XRP can surpass the $2.25 resistance with strong volume, it may target the $2.35 and $2.50 levels in the short term.
- Bearish Case: Failure to hold the $2.10 support could lead to a retest of the $2.00 level, potentially opening the door to further declines.
Disclaimer: Blockchain News has no association with the content of this post. Investing in cryptocurrencies carries significant risks and is often considered high-risk. This article is not career or financial advice. Please always seek advice from a financial expert before investing.
#blockchain #crypto, #decentralized, #distributed, #ledger
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