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XRP price prediction as number of addresses hits 7 million record high

source-logo  finbold.com 16 March 2025 00:10, UTC
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$XRP is experiencing a surge in the number of addresses, a key on-chain catalyst that could push its price above the $3 resistance.

Specifically, as of March 12, 2025, the number of $XRP addresses reached a record 6,870,945, according to data from cryptocurrency analytics platform Glassnode, as shared by Ali Martinez on March 14.

Since early February, $XRP addresses have grown steadily, with the sharpest increase occurring between late last month and early March, coinciding with the asset’s heightened price volatility.

Despite network expansion, $XRP’s price has fluctuated, aligning with market sentiment, and maintained support above the crucial $2 level. The increase in new addresses aligns with $XRP’s recent attempts to reclaim the $3 mark, suggesting growing investor engagement, a potential bullish signal.

AI predicts $XRP price for end of 2025

To assess $XRP’s price trajectory in line with the new onchain milestone, Finbold consulted OpenAI’s ChatGPT-4o. The AI model predicted that $XRP could trade between $3.50 and $5 by year-end, with a potential breakout above $6 under favorable conditions.

ChatGPT noted that rising active addresses historically correlate with price growth. A strong crypto market rally, particularly in Bitcoin (BTC), or a favorable outcome in Ripple’s and Securities Exchnage Commission’s (SEC) case could further boost $XRP’s price.

The AI platform noted that key resistance at $3 and $3.80 must be overcome for sustained gains. However, regulatory setbacks or a broader market downturn could cap prices between $2.50 and $3.

On the other hand, Finbold’s in-house AI tool, which leverages several models, projected an average price of $2.25 for $XRP by the end of 2025.

For instance, Claude 3.5 Sonnet forecasted a surge to $3.85 by December 31, 2025, citing bullish momentum, technical indicators, and expected interest rate cuts boosting institutional adoption.

Conversely, Gemini 1.5 Flash 002 presented a bearish scenario, predicting a decline to $0.65 due to economic uncertainty and market volatility.

$XRP technical outlook

When looking at the technical aspect in the short term, Martinez cautioned that $XRP may undergo a price correction, potentially presenting a buying opportunity.

On March 15, he noted that $XRP’s TD Sequential indicator flashed a sell signal on the four-hour chart, suggesting a temporary pullback before a potential rebound.

Based on this outlook, $XRP’s key support levels to watch are $2.30 and $2.20, where buyers may step in. Despite this, $XRP remains in an uptrend, with traders eyeing a buy-the-dip opportunity.

Adding to potential volatility, Ripple is set to release $465 million worth of $XRP in March from its reserve, a transaction that could introduce news price swings.

Elsewhere, pseudonymous crypto analyst Egrag Crypto outlined three potential scenarios for $XRP. The expert noted that if the token closes above $2.83, it could signal bullish strength, potentially pushing toward $4.20.

Holding above key resistance levels at $2.40, $2.97, and $3.07 could further reinforce an uptrend. However, the analyst noted that a drop below these levels might trigger a decline toward the Fib 0.786 level, possibly forming a bear trap, especially if Bitcoin retests $70,000.

Egrag Crypto sees a deeper drop as a generational buying opportunity rather than a bear market signal.

Overall, $XRP is following a short-term bullish trajectory, aligning with the broader cryptocurrency market recovery. At the time of reporting, the token was trading at $2.43, up over 4% in the last 24 hours and nearly 3% for the week.

In the long term, $XRP’s potential hinges on key fundamentals, including a possible resolution of Ripple’s SEC case. Reports suggest the regulator might seek to conclude the matter soon, especially given the current crypto-friendly regulatory environment.

Featured image via Shutterstock

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