Ripple's c-6/e is on an upward trajectory at the beginning of 2025, according to cryptocurrency market data. Since the beginning of the year, the digital asset has already experienced a 7% increase, extending its rally that began during the New Year festivities. This remarkable advance is supported by five fundamental elements, which could propel XRP to previously unattained levels in the coming days.
Records from the cryptocurrency market indicate that XRP is poised to conquer new peaks at the beginning of 2025, driven by 5 decisive factors:
Persistent Accumulation by Long-Term Investors: Long-term holders (known as "whales" in crypto jargon) of XRP have resumed accumulation, outpacing sellers on major cryptocurrency exchange platforms since the beginning of 2025. This constant accumulation strategy strengthens the price rise.
Increase in Buyer Pressure: The "on-chain" data (recorded on the blockchain) from the last 24 hours shows a dominant buying pressure, with net outflows of XRP on the main exchanges (Binance, OKX, Bitstamp, and Bybit). This phenomenon reveals robust demand for the crypto asset.
Overcoming Crucial Resistances: XRP could test the resistance barrier of $2.9 after breaking a symmetrical triangle pattern. This breakout opens the possibility of reaching new all-time highs, generating great enthusiasm among investors.
The Regulatory Factor: Possible Change at the SEC The eventual appointment of Paul Atkins, known for his favorable stance towards cryptocurrencies, as head of the Securities and Exchange Commission (SEC) on January 20, could reduce regulatory hurdles for Ripple. This change in the regulatory landscape would significantly boost the value of XRP.
Controlled Profit Taking: After a notable 12% increase in the price of XRP on Wednesday, cryptocurrency investors have realized over $1 billion in profits. However, long-term holders continue to accumulate, which supports the upward trend and dispels fears of a severe correction.
Remember: Investing is your decision. Research thoroughly before acting (DYOR).