As 2024 comes to a close, all eyes are on the new year and what it could bring to the cryptocurrency market. While the cryptocurrency space is full of all kinds of predictions and wild guesses, some of the most popular digital assets are already offering a glimpse into how the coming year might unfold.

One such perspective is offered by XRP, currently the fourth largest cryptocurrency. After rising by 500% over the past two months XRP price It stumbled a bit but is still trading above $2.

If you look at the price chart of the popular digital asset, you can see that after peaking at $2.90 in early December, XRP entered a month-long downtrend, periodically testing the key support level around $2. These retests were the result of quick unloads and were not quickly repurchased.

However, by the end of the year, XRP He is still able to easily reach this key price and psychological zone. What's great about this is that the price action of... Cryptocurrency This suggests that no further sell-off is expected, but volatility will be a casualty for some time.

If we see XRP accumulating around this price point, without falling below $1.95, the bullish bias for the popular asset will remain. This could open up the possibility of XRP testing the local high again, and even challenging the all-time high set nearly seven years ago at the $3.30 level.

Therefore, it seems that XRP is ready for a fresh start in 2025, with a solid foundation at $2. Comparing that to $0.60 per XRP, things have definitely changed for the better this year.