XRP Price Prediction March 3, 2025: Today's Trends and Scenario

Bittime - Currently, XRP is the fourth largest crypto asset in the world after Bitcoin, Ethereum, and Tether, with a market capitalization that has reached $131 billion.

Some things can influence XRP price. What are they and what are the short-term prospects for this asset? Read the following article to find out the XRP price prediction March 3, 2025!

XRP Price Performance Today

Source: Bittime.com

On March 2, 2025, the price of XRP today is trading in a range $2.2675, recorded an increase of 5.66% compared to the previous day. The market is showing volatility with daily lows at $2.1235 and highest in $2.2960. 

The total market capitalization of XRP stands at approx $131 billion, indicating strong investor interest despite recent price fluctuations.

Read Also: XRP Price Prediction to Increase in 2025, Here's the Reason! 

XRP Price Movement History

The following is the history of XRP price movements from the beginning of 2024 to March 2, 2025.

Year 2024: 

January 2024: XRP started the year at approx $0.50, remained low throughout the month.

February 2024: Prices increased slightly to approx $0.59, showing early signs of an increase.

March 2024: XRP continues to rise until it reaches $0.63.

April 2024: Prices are stable all around $0.50, indicates a period of consolidation.

May 2024: XRP experienced a slight increase to $0.52.

June 2024: Price down to $0.48, shows market volatility.

July 2024: XRP starts to recover with a rise to $0.62.

August 2024: Prices remain stable around $0.57.

September 2024: XRP price rises to $0.61.

October 2024: Price down to $0.51.

November 2024: XRP saw a huge surge to approx $1.94, marking an important turning point.

December 2024: XRP closed the year at approx $2.08, showing a strong recovery trend.

Year 2025:

January 2025: XRP peaks at approx $3.04 at the beginning of the month, driven by bullish market sentiment and increased trading volume.

February 2025: The price underwent a correction and stabilized around $2.27 after a significant spike in January.

2 March 2025: XRP is trading around $2.2675, with small fluctuations in the range $2.17 to $2.26 during the early trading session.

Factors Affecting XRP Price

Some of the main factors influencing the current price of XRP are as follows.

1. SEC vs Ripple Case Development: The outcome of the SEC lawsuit remains an important factor. A Ripple win could cause the price of XRP to skyrocket due to reduced regulatory uncertainty, potentially attracting institutional investors.

2. Adoption and Partnerships: Ripple's expanding partnership and its role in the ISO 20022 standard for financial messaging could substantially increase the demand for XRP in global transactions.

3. Technology advances: Ripple's ongoing development efforts aimed at improving transaction efficiency and security could attract more adoption and increase the price of XRP.

Read Also: XRP Price Analysis is Stable Even though the Crypto Market is Crashing 

XRP Price Technical Analysis March 3, 2025

Current XRP Price: $2.2675

Technical analysis of XRP for 3 March 2025 shows important support and resistance levels that need to be considered, namely as follows.

Level Support

$2.28: This level coincides with 100-day exponential moving average (EMA).. Maintaining this level is critical to maintaining a potential upward move.

Level Resistance

$3.41: This level is parallel to the level retracement Fibonacci 100%. If XRP manages to break this level, a stronger bullish trend is possible.

Technical Indicators

Relative Strength Index (RSI): RSI is currently around 32.90, which indicates oversold conditions. This shows the potential for a price rebound if buying pressure increases.  

Market Value to Realized Value (MVRV) Ratio: The MVRV ratio is currently at -11%, indicating that many XRP holders are experiencing unrealized losses.  

Moving Average Convergence Divergence (MACD): MACD shows a downtrend with the MACD line below the signal line, indicating that selling momentum is currently dominant.  

Read Also: XRP ETF: If Approved, New York Stock Exchange Will List 

XRP Price Prediction March 3, 2025

Based on the technical analysis above, here are the XRP price predictions for February 24 2025, starting from bullish, consolidation, to bearish scenarios.

Bullish Scenario:

XRP Price Prediction: $2.30-$2.50

If the XRP price is able to break through the resistance level at $2.30 and $2.50, then there is a potential spike of up to $6.00, which means an increase of approx 300% of current levels.  

Consolidation Scenario: 

XRP Price Prediction: $2.10-$2.30

In this scenario, the XRP price will likely trade stable between $2.10 to $2.30, which indicates uncertainty among market participants.

Bearish Scenario: 

XRP Price Prediction: $1.80-$2.00,

If XRP goes below $2.00, the price of XRP could potentially fall further to $1.80, which means a decrease of approx 20% of current price.

Read Also: 4 Ripple Strategies: RLUSD, Asset Tokenization, Impact on XRP Price 

Conclusion

On March 2, 2025, XRP has level support of $2.28 And level resistance of $3.34. Price movement around this level will determine whether XRP can continue its rise or undergo a further correction. 

If successful, bullish momentum is predicted to occur. With solid support levels and bullish indicators, the XRP price prediction March 3, 2025 should remain closely watched.

Investors are advised to remain alert to possible corrections and changes in market sentiment in the next few days.

Read Also: Ripple Plans to Launch XRP Depository Receipts, What Are They? 

XRP FAQs

What is XRP and what is its use?

XRP is a digital asset created by Ripple Labs and designed to facilitate cross-border payments. XRP blockchain technology enables transactions in just a few seconds with very low fees making it ideal for international money transfers and micropayments.

What is the Difference Between XRP and Other Cryptocurrencies Like Bitcoin?

XRP supports a cross-border payment system with a focus on speed and cost efficiency, different from Bitcoin which functions more as a store of value and investment tool. In addition, XRP uses a consensus mechanism that does not require mining so it is more energy efficient.

How much is 1 XRP USD?

Currently, 1 XRP is worth $2.26. 

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Author: IPR