In the crypto market, XRP and XLM made a strong start to 2025: The upward trend continues.
Ripple (XRP) and Stellar (XLM) made a fast start to 2025, recording a remarkable rise in the crypto market. While XRP gained 11% in value in 24 hours and reached $2.35, XLM attracted the attention of investors by increasing up to 38%. These two crypto assets are recovering from the declines experienced in the last quarter of 2024 and giving upward signals in the first days of the new year.
Ripple's XRP is moving in an effort to break the consolidation range it has been in for a long time. XRP exceeding the $3 threshold could pave the way for reaching a new all-time high (ATH). According to technical analysis, XRP price might break the ascending triangle formation on the daily chart and test the $2.68 resistance. However, there is also a risk of a pullback at these levels.
This rise in XRP price is supported by the increase in market volume and positive technical indicators. Especially the buy signals on the MACD indicator and the Ichimoku cloud being in the bullish zone increase the possibility of the XRP price continuing its upward trend.
Stellar (XLM) made a strong debut after moving in horizontal consolidation in recent months, recording a 100% increase. The price of XLM may recover with increased volume after a minor dip below the $0.40 level. Experts state that after these levels, XLM may rise above $ 1 and reach a new all-time high.
The observed rise and the increase in transaction volume show that investor interest has increased. However, XLM price may experience a short-term pullback before resuming its upward move. This may allow investors to enter the market with more volume.
He expects a general rise in the crypto market in 2025, driven by increased interest from institutional investors in Web3 projects, driven by Donald Trump's pro-crypto policies. It seems likely that XRP and XLM will also take advantage of this positive atmosphere and test new peaks.
This strong start could herald a profitable year for investors as XRP surpasses the $3.
