XRP, the original code for Ripple laboratories, again shows the strength with a continued high price. On February 19, 2025, the assets witnessed an impressive recovery, increasing by 6.5 % from $ 2.51 to $ 2.65 during the past 24 hours.
Transform the market morale
It seems that this jump in prices and restoring the continuous market is receiving attention from encryption lovers, which leads to the accumulation of XRP and upscale bets, as stated by the analysis company on the series Coinglass.
$ 75 million at the value of XRP external
The current market morale seems to provide an ideal purchase opportunity, which may explain the great withdrawal of assets during the past 24 hours. Data From immediate flows and external flows reveal that exchanges through the cryptocurrency scene have witnessed a large flow of $ 75 million of XRP codes, indicating a possible accumulation.
This bullish activity occurred by investors and their long -term holders, as the original began to show signs of price reflection from the rising trend line that XRP followed since the beginning of February 2025.
XRP Technical Analysis and the next level
According to the technical analysis of Coinpedia, it appears that XRP is a triangular style on the time frame for four hours and is currently approaching the resistance level, or the neckline, at $ 2.80.
With current market morale and bullish investor activity, XRP can easily reach this level. In addition, if the market morale remains unchanged, XRP may reach $ 3.30 in the future.
Currently, XRP is trading near $ 2.65 and more than 6.5 % in the past 24 hours. However, during the same period, the trading volume jumped by 11 %, indicating an increase in participation of merchants and investors.
