Following recent crypto market drops, Ripple (XRP) has experienced downward pressure, falling over 30% from its local high of $3.2 in January 2025. Many traders believe the end of the downtrend is near and are increasing their bullish positions. According to analyst Ali Martinez, 70.33% of current open positions on Binance for XRP are bullish, while only 29.67% expect further decline. Despite recent fluctuations, Ripple’s open profit index remains above $3.4 billion, indicating active market participation. However, some analysts warn that this behavior could signal further decline rather than market recovery. Meanwhile, a Korean analyst has predicted Ripple could reach $10 to $20, although doubts remain as XRP has yet to surpass its historical high of $3.8 in 2018. At the time of writing, Ripple is trading at $1.7, a nearly 20% drop from the previous 24 hours. Visit the live digital currency price page to track token and cryptocurrency prices in real-time.
