XRP is currently trading at $2.39, up 5% despite an 8% weekly loss, with a market cap of $121 billion.
Despite the positive performance in 2024, there are mixed signals for the currency's future price expectations.
Currently, the price remains above a major support at $2.1, while the moving averages and the Relative Strength Index (RSI) at 45 indicate a potential continuation of the decline before a trend change.
The coin saw a sell-off from whales, with large investors’ holdings dropping by 180 million XRP in December.
For 2025, breaking the $2.2 resistance could push the price towards $2.5 and possibly more.
Failure to hold this support could cause a drop below $1.9, especially if additional downward pressures are present.
The most important thing that supports the possibility of a rise in the price of Ripple in the future is the institutional adoption of the currency and the increased attraction of more companies and partnerships. As for what could weaken the upward movement of the currency, it is the whales abandoning the currency, the continuation of regulatory restrictions, and the failure to resolve the issue between the company and the SEC.
