Why XRP Is Going Up Today: Key Factors Behind the Surge

The post Why XRP Is Going Up Today: Key Factors Behind the Surge appeared first on Coinpedia Fintech News

In February 2025, the cryptocurrency market witnessed a decline of 20.57%. In the same month, in line with the broader trend, the Bitcoin market dropped nearly 17.5%, Ethereum by 32.2% and XRP by 29.3%. Notably, between February 24 and 26 alone, the crypto market experienced a drop of 12.42%. During the same period, because of the influence of three consecutive red candlesticks, BTC plummeted severely by around 12.48%.

However, during the mentioned period, XRP showed a slightly different pattern. Although, on February 24, the XRP price slipped from $2.57 to $2.27, the market, in the very next day, rebounded from $2.27 to $2.32. On February 26, the market, though showcased a bearish outlook, reported a trend less bearish as the February 24 trend. Importantly, in the last 24 hours, the XRP market has registered an impressive growth of 8.4% – far higher than BTC’s 7.8% and ETH’s 5.4%.

Has XRP defied the broader downtrend in the crypto market successfully? What will be the next move of XRP? Let’s understand what analysts have to say!

XRP Stays Strong While Crypto Market Crashes

Yesterday, at one point, the total market cap of the cryptocurrency sector plummeted to a low of $2.55T.  On the same day, the price of BTC dropped below the $80,000 range.

Although at a point, yesterday, the XRP market slipped to a low of $1.95, at the time of close, it rose above the $2 support level.

However, in the last 24 hours, the XRP market has surged by at least 8.4%.

XRP Recovers But Faces a Key Resistance

At the start of today, the XRP price was around $2.14. Currently, the price stands at around $2.19 – at least 2.33% above the opening price.

Despite the recovery, a full rebound is yet to be confirmed. Market analyst Dom says that the XRP market must reclaim $2.20 for a stronger rally.

What Happens if XRP Reclaims $2.20?

Dom predicts that if the XRP price breaks above $2.20, it could reach as high as $2.40 – or even higher. It is learned that the said level is considered as a borderline between a rally and more consolidation.

Risk of XRP Dropping Below $2

Dom also forecasts that if the price of XRP fails to hold the $2 support level, it could slip to lower levels.

Indirectly emphasising the importance of closely monitoring developments in the BTC market to gain clarity on the future movements of XRP, Dom notes that if Bitcoin drops to $75,000, it may drag XRP down further.

Key Support Levels If XRP Declines

Interestingly, crypto analyst Ali Martinez states that there is a strong support in the XRP market at $1.65. He also points out that the market is still inside an ascending price channel that started last year.

Bullish Prediction: Could XRP Reach $5 or $8?

Importantly, crypto analyst Dark Defender suggests that XRP has likely bottomed out. Pointing out that the XRP market hit the lowest Fibonacci level of a corrective fourth wave, he asserts that the XRP market is likely to witness the start of a fifth wave in the near future. He predicts that if this happens, XRP could reach as high as $5 or even $8.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

Subscribe to News