According to Coinworld news, XRP experienced a historic milestone in 2024, reaching an all-time high monthly closing price of $2.08 in December. After rising 16.50% in the past three days, XRP also welcomed a positive start to 2025. With market expectations overall bullish for 2025, traders and technical analysts have forecasted targets for XRP in the coming months. In November 2024, the XRP price exhibited a 'God Candle' pattern, breaking a seven-year trend with a significant increase of 283%. Following positive outcomes in Ripple's legal battle with the U.S. Securities and Exchange Commission (SEC), several analysts believe XRP will continue to rise in 2025. Similarly, crypto trader Mikybull stated that the second wave of XRP's rise is about to start. He compared 2017 with 2024, noting that in a two-day chart, XRP went through a 30-day consolidation period, with the Relative Strength Index (RSI) dropping from the overbought range to around 57. Subsequently, XRP tested the 20-day and 40-day Exponential Moving Averages (EMA) as support, before showing a strong breakout.

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