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Ripple (XRP ($2.09)) has shown subtle strength in the past 24 hours, recording a minor gain of 0.68%. As of April 17, 2025, XRP is trading at $2.0975, opening the day at $2.0834, hitting a high of $2.1104, and dipping slightly to a low of $2.0625. Despite the modest range, the asset has managed to maintain its footing above the key $2 mark, which could signal underlying bullish sentiment.
Trading volume sits at 29.07 million, reflecting steady interest among traders. This level of volume, while not explosive, supports the recent price action and suggests the market is cautiously optimistic.
Related article: XRP Faces Critical Reversal: Is a Death Cross on the Horizon?
XRP Price Action: Stability or Stagnation?
Looking at the broader trend, XRP has been consolidating since early April, hovering close to $2 with relatively low volatility. The current sideways movement follows a steep decline from March highs near $3.00, which had previously capped a multi-week rally. The good news for bulls? XRP is forming a base rather than slipping into deeper losses, a sign that sellers may be losing steam.
24-hour price chart. Source: CoinMarketCap
Notably, XRP remains down 45.36% from its all-time high of $3.84 set back in January 2018. However, it’s still up massively from its all-time low of $0.002802, recorded in July 2014 — a jaw-dropping +74,814.29% gain over 11 years. The long-term story remains intact, even if short-term momentum has slowed.
What’s Next for XRP?
The key to XRP’s next move lies in reclaiming the $2.20 zone. A successful break above that level could trigger a push toward $2.50, where heavier resistance likely awaits. On the downside, failure to hold above $2 could invite selling pressure down to $1.85 or even lower. Right now, the price appears range-bound, awaiting a catalyst.
Related article: XRP’s Relevance Under Fire as RLUSD ($1.00) Gains Momentum: Is Autobridging Enough to Keep It Afloat?
With macro conditions still uncertain and crypto markets reacting to regulatory developments, XRP’s resilience stands out. Many altcoins have seen sharper pullbacks in the same period. Traders may be watching XRP closely for signs of a breakout.
Ripple’s XRP is holding steady in a tight range, anchored above $2 despite a sluggish broader market. The modest daily gain hints at growing support, and volume suggests traders aren’t stepping away just yet. If XRP can build momentum and break $2.20, the next leg up could be in play. Until then, it’s a waiting game — but one worth watching.
The post XRP Eyes Recovery: Can Ripple Break $2.20 This Week? appeared first on FXcrypto News.
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