In January 2025, Ripple's XRP appears poised for a big surge, according to crypto data. Since the start of the year, XRP has already increased by 7%, extending its rally that began during the New Year celebrations. This increase is supported by five major elements, which will allow come.
Crypto – XRP ready to climb a new high?
Crypto data shows that XRP is poised to break new highs heading into 2025, propelled by 5 key factors.
- Accumulation of long-term holders:
Long-term holders (LTH) of XRP have resumed accumulation, dominating sellers on major crypto exchanges since the start of 2025, supporting the price rally.
- Increased buying pressure:
On-chain data from the last 24 hours shows dominant buying pressure, with net outflows of XRP on major exchanges (Binance, OKX, Bitstamp and Bybit), indicating strong demand for the crypto.
- Crossing key resistances:
XRP could test resistance at $2.9 after breaking through a symmetrical triangle pattern, paving the way for new all-time highs.
- Role of the SEC:
The possible appointment of pro-crypto Paul Atkins to head the SEC on January 20 could reduce regulatory hurdles for Ripple, favoring a rise in XRP.
- Profit taking:
After a 12% increase in price of XRP On Wednesday, crypto investors recorded over $1 billion in realized profits, but long-term holders continue to accumulate, supporting the uptrend.
Future outlook
With these five major elements, fly beyond this limit. However, Ripple's upcoming release of $300 million in XRP could cause prices to fall. As Ryan Lee, chief analyst at Bitget, thinks:
Ripple's planned release of $300 million in XRP has the potential to create significant market impacts, primarily due to increased supply, which could put downward pressure on its price. This measure could raise concerns among investors if it is interpreted as a need for liquidity or market manipulation, triggering fear, uncertainty and doubt (FUD) and potentially leading to sell-offs.
In sum, XRP appears poised for a rally in January 2025, supported by continued accumulation from long-term holders and dominant buying pressure on major exchanges. If this crypto trend continues, XRP could break the resistance at $2.9 and aim for $100 in 2025.
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