In mid-February 2025, XRP skilled a robust resurgence within the cryptocurrency market. It loved its first vital rally on February 13 and February 14, when it rose from about $2.40 to above $2.80. Moreover, whereas it subsequently entered right into a correction that took it under $2.50 on February 18, it once more surged and reached $2.70.
Although many traders have been hoping that the newest rally heralds the long-awaited hovering to new highs,on-chain professional Ali Martinez shared an X submit explaining that the token could as an alternative be going through one other correction.
Particularly, the analyst acknowledged that the TD Sequential technical evaluation (TA) indicator is hinting that XRP could have already hit a short lived prime and that it could quickly fall as soon as once more.
Martinez supplied no insights into how low the token would possibly go in its probably imminent correction, however the present help and resistance ranges point out it should probably discover a footing close to $2.60 and that it’s nearly sure to remain above $2.38.
The TD Sequential is a software developed by the well-known market analyst Tom DeMark that makes use of an asset’s historic efficiency to determine a possible reversal level. Notably, when it final flashed for XRP on February 18, it appropriately warned of a short-lived however dramatic drop from $2.62 to $2.51.
XRP fails to satisfy investor hopes for 2025
Regardless of the long-standing bullishness, XRP’s 2025 efficiency has been considerably disappointing. Certainly, the token recorded a large rally from its long-held ranges close to $0.50 after Donald Trump’s re-election sparked the hopes the U.S. will turn into considerably extra crypto-friendly.
The constructive momentum was solely bolstered when Gary Gensler, the previous Securities and Change Fee (SEC) Chair recognized for pursuing an aggressive coverage towards the digital belongings business, confirmed he can be stepping down on January 20, 2025 – the day of Trump’s inauguration.
Whereas the unique rally took XRP to new highs above $3.30, buying and selling since hasn’t been as sort and the token remained within the tough vary between $2.12 and $3 since February 1.
It’s noteworthy that XRP shouldn’t be the one cryptocurrency whose efficiency has been lackluster in current weeks.
Bitcoin (BTC) – additionally anticipated to soar to new highs each because of the present constructive momentum and Trump’s guarantees of a strategic BTC reserve – has failed to remain near its current all-time highs (ATH) above $107,000 and has principally been altering fingers under $95,000.
Why the cryptocurrency market is stagnating in 2025
The cryptocurrency market has, to date, been overwhelmed down by broad financial and political uncertainty because the ceasefire in Palestine stays frail, Ukraine’s future stays unclear, and as many are scared of how a lot Trump’s commerce wars may escalate.
The various cash and tokens have additionally suffered from spillover results of shocks affecting shares, such because the expertise sector selloff that adopted the discharge of China’s novel DeepSeek synthetic intelligence (AI) mannequin and the broader unease that emerged from the latest inflation data.
For XRP itself, the nonetheless unresolved matter of SEC’s case in opposition to Ripple Labs – a extreme headwind for a few years – must also not be underestimated.