$XRP
From analytical sources:
As of January 2025, XRP is showing a trend of moderate volatility, with periods of consolidation and short-term movements in both directions:
1. Consolidation period: Many analysts expect XRP to trade in the range of $2.30–$2.70 without significant breaks beyond these boundaries. This is explained by the anticipation of news regarding further RippleNet adoption and legal decisions.
2. Growth potential: If the market continues its bullish trend, a break above the resistance at $2.90 is possible. Such growth could be driven by positive news regarding the lawsuit with the SEC or a new partnership for Ripple.
3. Decline risks: In case of deteriorating sentiment in the cryptocurrency market, XRP could pull back to $2.00 or lower. This is especially likely in the event of negative news or if Bitcoin begins to correct sharply.
Current situation: Currently, XRP is likely in a state of consolidation, with a narrow trading corridor. Most traders are waiting for a clearer signal for a reversal or continuation of the trend.
For decision-making, it is worth monitoring trading volumes and key support ($2.20) and resistance ($2.70) levels.