2025 has been a year of ups and downs for the cryptocurrency market. Although we are less than two months into the year, a host of assets have struggled to secure significant gains. However, things are turning around. One key asset affected is Ripple, which has recovered 50% of its losses as all eyes are on where XRP will go next.
The crypto had gained 13% over the last several days of the week. Moreover, it was poised to face a key resistance level at the $2.33 mark. With long-term holders remaining profitable, historical trends point to a notable bullish price trajectory beginning to form for the token.
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XRP Jumps 13% This Week: So What’s Next?
Last week, it was revealed that the US Securities and Exchange Commission (SEC) would delay ongoing filing for an XRP ETF. The move did not spell the need for the crypto-based ETF to be approved but certainly didn’t incite confidence that its arrival was imminent.
However, sentiment appears to still be high for the cryptocurrency. 2025 was always set to be a massive year for the token, and it may be making good on that now. Indeed, Ripple has recovered 50% of its recent losses, with many pondering what’s next for XRP now.
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On Friday, the asset reversed a recent drop to trade at the $2.36 level, jumping more than 4.5% according to CoinMarketCap. Moreover, the increase has the token still up more than 250% from March of last year. Additionally, there are many who expect big things from the token in the near future.
According to cryptocurrency price prediction platform CoinCodex, XRP still has another 72% upside in March alone. Specifically, they project the asse to reach a monthly high of more than $4. They also expect it to build off of that momentum next month. Indeed, they forecast the asset to reach a 2025 high of $4.24 in April. Moreover, that would mean the asset still has an 80% upside in the next two months.
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