{"id":670707,"date":"2025-01-04T05:30:43","date_gmt":"2025-01-04T05:30:43","guid":{"rendered":"https:\/\/ktsl888.com\/?p=670707"},"modified":"2025-01-04T18:19:05","modified_gmt":"2025-01-04T18:19:05","slug":"xrp-surpasses-usdt-becomes-3rd-largest-crypto-with-139-billion-market-cap","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/xrp-news\/xrp-surpasses-usdt-becomes-3rd-largest-crypto-with-139-billion-market-cap\/","title":{"rendered":"XRP Surpasses USDT: Becomes 3rd Largest Crypto With $139 Billion Market Cap"},"content":{"rendered":"

As\u00a0<\/span>the\u00a0<\/span>market\u00a0<\/span>enters\u00a0<\/span>2025,\u00a0<\/span>XRP,\u00a0<\/span>the\u00a0<\/span>cryptocurrency\u00a0<\/span>that\u00a0<\/span>has\u00a0<\/span>garnered\u00a0<\/span>global\u00a0<\/span>investor\u00a0<\/span>interest\u00a0<\/span>in\u00a0<\/span>recent\u00a0<\/span>months, has\u00a0begun\u00a0<\/span>the\u00a0year\u00a0<\/span>exceptionally\u00a0<\/span>well.<\/span>
\n<\/span><\/p>\n

The asset has experienced an impressive 11% surge, propelling its value to approximately $2.42, a level it had not seen since late 2024’s <\/span>price correction<\/span><\/a>.\u00a0<\/span><\/p>\n

Analysts Predict XRP Could Reach $5.85 As Market Confidence Grows<\/span><\/h2>\n

This resurgence has positioned XRP as the third-largest cryptocurrency in the market, with a market capitalization of around $139 billion, according to CoinGecko <\/span>data<\/span><\/a>. Notably, it has surpassed the market cap of Tether (USDT), which stands at $137 billion.<\/span><\/p>\n

The recent rally in XRP’s price can be attributed in part to a broader shift in market sentiment following the election of President Donald Trump on November 5.\u00a0<\/span><\/p>\n

Trump\u2019s victory has sparked renewed confidence in the digital asset industry, leading to increased optimism among investors. This <\/span>sentiment shift <\/span><\/a>seems to have catalyzed a wave of buying activity within the crypto market, benefiting not only XRP but also other digital assets.<\/span><\/p>\n

Related Reading: Prepare For A Solana Sell-Off: How Grayscale\u2019s 2025 Unlocks Could Shake The Market<\/a><\/div>\n

Crypto analysts have taken notice of this trend. DarkDefender, a prominent figure in the crypto analysis community, <\/span>observed <\/span><\/a>that XRP’s price trajectory has been impressive.\u00a0<\/span><\/p>\n

After hovering around $2.11, XRP broke through its initial resistance at $2.22 and reached as high as $2.44. DarkDefender highlighted $2.42 as a critical resistance level that has now been updated as a new support level.\u00a0<\/span><\/p>\n

According to his analysis, if XRP can breach the $2.67 to $2.72 range, it could pave the way for a significant upward movement, targeting as high as $5.85.\u00a0<\/span><\/p>\n

This potential rise would represent an extraordinary 141% increase from its current price, marking a new<\/span> all-time high<\/span><\/a> for the token.<\/span><\/p>\n

Elliott Wave Theory Points To Potential $10 Target\u00a0<\/span><\/h2>\n

Adding to the optimism, another analyst, known as CryptoinsightUK, has weighed in on XRP’s potential trajectory <\/span>suggesting <\/span><\/a>that if XRP follows a measured move similar to its previous price leg, it could \u201ceasily surpass $10.\u201d\u00a0<\/span><\/p>\n

Drawing from Elliott Wave Theory, which posits that market trends move in waves, he argues that if XRP enters a “wave 3” scenario\u2014often the most substantial in terms of price movement\u2014the asset could exceed $10.<\/span><\/p>\n

CryptoinsightUK notes that many investors are targeting the $8 mark, a figure he considers reasonable based on various <\/span>metrics<\/span><\/a>. <\/span><\/p>\n

By analyzing the price movements and potential gains, the analyst suggests that the future of the altcoin looks bright, with many indicators pointing towards substantial growth.<\/span><\/p>\n

Related Reading: Cardano (ADA) Rallies Above 100-Day SMA As Bulls Aim For $1.26<\/a><\/div>\n

As 2025 unfolds, XRP’s impressive start and the broader market dynamics suggest that we may be on the cusp of a significant shift in the cryptocurrency landscape.\u00a0<\/span><\/p>\n

The confidence brought about by political changes and market sentiment may very well set the stage for a new era of growth for XRP and the <\/span>cryptocurrency <\/span><\/a>market as a whole.\u00a0<\/span><\/p>\n

\"XRP\"
The daily chart shows XRP’s price trending upwards. Source: XRPUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Trading at $2.42, the XRP price shows a 2% increase over the past 24 hours. Regarding trading volume, CoinGecko data indicates a decrease of almost 42%, totaling $5.6 billion.<\/span><\/p>\n

Featured image from DALL-E, chart from TradingView.com <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

As the market enters 2025, XRP, the cryptocurrency that has garnered global investor interest in recent months, has begun the year exceptionally well. The asset has experienced an impressive 11% surge, propelling its value to approximately $2.42, a level it had not seen since late 2024’s price correction.<\/p>\n","protected":false},"author":589,"featured_media":670964,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[89561],"tags":[6664,26263,14690,83637,13172,15883,91056,15621,78763],"class_list":["post-670707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-price-breakout","tag-xrp-price-chart","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Surpasses USDT: Becomes 3rd Largest Crypto With $139 Billion Market Cap<\/title>\n<meta name=\"description\" content=\"As the market steps into 2025, XRP, the 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Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. 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