- XRP finds itself at $2.20 in a price movement that was backed by strong momentum in the market.
- Investors see XRP hitting the $5.00 mark after breaking through the resistance level.
- Increased adoption of Ripple supports the bullish outlook of XRP.
XRP’s price surged to $2.20 recently. A notable rise after a prolonged climb beginning in late-2024. Chart data shared by analyst Jack the Rippler (@Ripple_) shows that as of March 9, 2025, the cryptocurrency is exchanging hands at $2.20268, gaining more than 5% over the past 24 hours-a rally that had followed some years of ramping up and consolidation with XRP testing new price highs again and again. With the current market behavior looking like a buildup towards more price hikes, traders and long-term holders are keen on the sustainability of this price rally in the months to come.
The bullish momentum for XRP continues to gain traction.
From an analysis of charts, XRP has always been on the rise since its lows in 2022, finally breaking through critical resistance in early 2025. Just crossing above $2.20 recently, it now finds another major hurdle ahead; the psychologically important $5.00 mark, which stands to become the next big milestone for this cryptocurrency.
There was a rally through $0.20 up to the $2 range for the XRP market in 2023, indicating a recovery of investor confidence. Bullish momentum is evident on the chart and may continue as XRP approaches new historical highs, leading to an investor optimistic about the price in due course.
What Is Driving the Surge in XRP?
Driving XRP’s rise are several factors ranging from greater adoption of blockchain technology to Ripple services gaining further acceptance in financial institutions worldwide. Of all its strong value propositions, XRP remains a functional cross-border payment solution with increasing demand for faster, cheaper, and meritorious types of payment settlement.
XRP’s legal issues have almost certainly contributed to the fervor regarding its future, and many investors now view resolutions of those issues as catalysts for future price increases. The market’s conviction is demonstrated by the strong uptrending streak on the charts, as the cryptocurrency showed unyielding strength.
Future Outlook for XRP: $5.00; Is It Possible?
With XRP swaggering just above $2, it is now mostly about the ability for XRP to vault $5.00-an only realm it has not breached since the early 2018 bull run. Past historical correlations on a trend show that XRP might struggle with resistance in the $2.50-$3.00 bracket before it actually kicks off towards $5.00.
Nevertheless, a rally to the next resistance could be just around the corner depending on XRP exerting its current strength along with the increased buy-side pressure. Those long-
