XRP Breakout: Q1 Gains, On-Chain Strength and Ripple Moves Signal Upside
- XRP shows breakout potential with strong Q1 fundamentals: market cap up 2%, users +142%
- Ripple advances XRPL utility: EVM sidechain on testnet, new RLUSD stablecoin grows fast
- XRP Technicals: Price near $2.36, break above $2.54 could target $3.29 and higher
After a lengthy downtrend, XRP now shows multiple bullish signals. Its on-chain fundamentals turned sharply positive, and the cryptocurrency is currently consolidating just below key Fibonacci resistance, fueling talk of a significant price breakout.
Some market analysis, including points from a Messari report highlighted on their X account (@MessariCrypto), suggests the digital asset could be setting up for a move above $3, and possibly even toward the $5 mark.
State of XRP Ledger Q1
— Messari (@MessariCrypto) May 20, 2025
Key Update: Ripple acquires global prime broker Hidden Road, positioning XRP Ledger for institutional adoption and expanded DeFi capabilities.
QoQ Metrics
• Daily active addresses142%
• Average daily CLOB volume
• RLUSD market cap on XRPL… pic.twitter.com/miW3PtZz6z
XRP Fundamentals Shine: Q1 Market Cap Gains, Active Addresses Soar 142%
The post XRP Breakout: Q1 Gains, On-Chain Strength and Ripple Moves Signal Upside appeared first on Coin Edition.
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XRP Breakout: Q1 Gains, On-Chain Strength and Ripple Moves Signal Upside
- XRP shows breakout potential with strong Q1 fundamentals: market cap up 2%, users +142%
- Ripple advances XRPL utility: EVM sidechain on testnet, new RLUSD stablecoin grows fast
- XRP Technicals: Price near $2.36, break above $2.54 could target $3.29 and higher
After a lengthy downtrend, XRP now shows multiple bullish signals. Its on-chain fundamentals turned sharply positive, and the cryptocurrency is currently consolidating just below key Fibonacci resistance, fueling talk of a significant price breakout.
Some market analysis, including points from a Messari report highlighted on their X account (@MessariCrypto), suggests the digital asset could be setting up for a move above $3, and possibly even toward the $5 mark.
State of XRP Ledger Q1
— Messari (@MessariCrypto) May 20, 2025
Key Update: Ripple acquires global prime broker Hidden Road, positioning XRP Ledger for institutional adoption and expanded DeFi capabilities.
QoQ Metrics
• Daily active addresses
• Average daily CLOB volume
• RLUSD market cap on XRPL… pic.twitter.com/miW3PtZz6z
XRP Fundamentals Shine: Q1 Market Cap Gains, Active Addresses Soar 142%
The post XRP Breakout: Q1 Gains, On-Chain Strength and Ripple Moves Signal Upside appeared first on Coin Edition.
Read More
How Much XRP Is Actually Available for Business Use? Top Dev Explains