XRP has been in a long consolidation period, limiting its chances to hit $3.00 this year. As 2025 begins, market conditions and technical indicators forecast continued stagnation.
The NVT Ratio suggests XRP's network value is surpassing its transaction value, historically leading to corrections and losses. This scenario makes recovery difficult without increased transactions.
The MACD indicator supports this bearish outlook, showing no bullish crossover. The continuation of selling pressure could further delay any rally or lead to additional declines.
Despite being trapped between the $2.00 support and $2.73 resistance, a shift in market sentiment or a break above resistance could guide XRP towards the $3.00 mark, countering the current bearish prognosis.
