TL;DR
- XRP experienced a strong recovery in mid-February 2025, rising from $2.40 to over $2.80, but later suffered a correction below $2.50 before rebounding to $2.70.
- Analyst Ali Martinez warned of a possible imminent correction, suggesting that the price could stabilize around $2.60 and not drop below $2.38.
- Global economic uncertainty and regulatory factors continue to affect XRP’s performance, which remains in a price range between $2.12 and $3.
In mid-February 2025, Ripple (XRP) underwent a significant recovery in the crypto market, both in terms of price and activity and adoption.
Between February 13 and 14, the value of XRP rose from about $2.40 to above $2.80, generating expectations among investors that the cryptocurrency could be on the verge of a new bullish phase. However, its rise was followed by a correction on February 18, when the price dropped below $2.50. Despite this, it managed to rebound again, reaching $2.70.
XRP: Performance in a Volatile Market
According to the latest data from CoinMarketCap. XRP is priced at $2.69 per unit after a 2.37% daily increase. Its market capitalization is approaching $156 billion. Meanwhile, the volume has increased by 5%, hovering around $5.17 billion.
Imminent Correction?
Despite the optimism generated by the recovery, analyst Ali Martinez warned that XRP could be facing an imminent correction. Using the TD Sequential indicator, which relies on technical analysis to identify reversal points, the expert suggested that the cryptocurrency may have already reached its temporary peak and that the price is likely to decline again. While he didn’t specify how low it could fall, the support and resistance areas suggest that the price might stabilize near $2.60 and is unlikely to drop below $2.38.
$XRP could be gearing up for a pullback, as the TD Sequential indicator flashes a sell signal on the 3-hour chart after the recent 11% rebound! pic.twitter.com/k8SetFIQ8F
— Ali (@ali_charts) February 20, 2025
Economic and Regulatory Uncertainty
XRP’s behavior reflects the uncertainty that has marked the beginning of 2025. Although the cryptocurrency had been favored by expectations of a more favorable environment for digital assets in the United States under Donald Trump’s administration. Its performance since the beginning of February has been below expectations, staying within a price range between $2.12 and $3.
It is worth noting that this pattern is not exclusive to XRP. Other cryptocurrencies, such as Bitcoin, have also shown signs of stagnation, failing to reach the historical highs that many analysts had anticipated. Global economic uncertainty, which encompasses issues like the conflict in Ukraine, the situation in Palestine, and Trump’s trade policies, has affected the overall performance of the crypto market. Additionally, the impact of fluctuations in traditional markets has also influenced cryptocurrency behavior.
