At the beginning of 2025, XRP ($2.05) experienced a remarkable value increase of over 600%, capturing significant attention from the market. However, recent market downturns and technical difficulties resulted in a 25% decline in XRP’s value. This situation has prompted cautious behavior among traders and increased uncertainty regarding the market’s future.

Reasons Behind XRP’s Price Movements

XRP has been historically affected by prolonged legal processes and pressures from the SEC. Recently, changes in previous regulations and new market expectations contributed to XRP regaining momentum. The uncertainties surrounding Donald Trump’s financial strategies and economic policies have also played a role in attracting traders to XRP.

After an early surge, substantial institutional investments led to price fluctuations in XRP. However, the prevailing downward trend in the market and weakening technical indicators have triggered a significant correction for XRP. The rejection of XRP at the strong resistance level of $3.2985 has become one of the key points highlighted by analysts.

Critical Support and Resistance Levels

Experts suggest that XRP must test critical support and resistance levels to determine its short-term direction. Should...