XRP's Surge and Fall: On-Chain Expert Warns of Impending Correction

Generado por agente de IACoin World
jueves, 20 de febrero de 2025, 9:22 am ET1 min de lectura
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In mid-February 2025, XRP experienced a strong resurgence in the cryptocurrency market, with its price rising from about $2.40 to above $2.80 on February 13 and 14, and subsequently surging to $2.70 after a brief correction. However, on-chain expert Ali Martinez shared an X post warning that the token may be facing another correction, as the TD Sequential technical analysis (TA) indicator hinted that XRP may have already hit a temporary top and could soon fall again.

Despite the recent rally, XRP's performance in 2025 has been somewhat disappointing. While the token initially recorded a massive rally from its long-held levels near $0.50 following Donald Trump's re-election, which sparked hopes of a more crypto-friendly U.S., the token has since remained in the rough range between $2.12 and $3. Similarly, Bitcoin (BTC) has failed to stay close to its recent all-time highs above $107,000 and has mostly been changing hands below $95,000.

The cryptocurrency market has been stagnating in 2025 due to broad economic and political uncertainty, including the frail ceasefire in Palestine, the unclear future of Ukraine, and fears of escalating trade wars under Trump's administration. Additionally, many coins and tokens have suffered from spillover effects of shocks affecting stocks, such as the technology sector selloff following the release of China's novel DeepSeek artificial intelligence (AI) model and the wider unease that emerged from the latest inflation data. For XRP, the still unresolved matter of the SEC's case against Ripple Labs has also been a significant headwind.

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