XRP Investment Analysis
A $1,000 investment in XRP made on January 1, 2025, proved to be well-timed amid a prolonged legal battle involving Ripple Labs. Legal concerns about XRP’s appeal were addressed when the SEC dropped its appeal on March 19, as confirmed by CEO Brad Garlinghouse through an X post:
> “This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.”
During this period, XRP whales made significant investments at crucial support levels, absorbing a 200 million token unlock in March that could have negatively impacted the asset’s price.
However, following this bullish activity, XRP experienced a swift correction, losing approximately $11 billion in market capitalization within 48 hours. Yet, despite this pullback, XRP has outperformed the broader cryptocurrency market since January.
Performance Overview
An investment of $1,000 in XRP at the beginning of 2025 would now be worth $1,155, reflecting a $155 profit, as the price increased from $2.13 to $2.46 by March 24. The ideal time to sell would have been January 16, with XRP priced at $3.38, which would have provided a return of 58.68%, equating to $1,586.
For comparison, a $1,000 investment made at the start of 2024, when XRP was priced at $0.61, would have grown to $5,540, realizing a remarkable 454.09% return. XRP’s market capitalization has increased by $107.6 billion since last year, suggesting that substantial growth requires patience.
Despite short-term market challenges, analysts remain optimistic about XRP’s future. Technical analyst Gert van Lagen noted a double bottom/ascending triangle pattern, suggesting possible price increases to $38. Meanwhile, Ali Martinez pointed to a symmetric triangle pattern that could lead to a rise to $15.
Additionally, the number of XRP addresses has reached an all-time high of 7 million, indicating strong, sustained interest in this cryptocurrency.
Featured image via Shutterstock
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