XRP grew by 7% over the past week of April, but May 2025 can bring even more significant profits. Key indicators hint at the further increase in Ripple prices.
We figure out what is happening on the Ripple (XRP) market and what to expect from the price of cryptocurrency in May 2025.
NUPL signals an increase in confidence
Pure unrealized profit/loss (NUPL) of the long -term Holders of the XRP is now 0.73. This confidently puts him in the stage “Faith – denial.”
Recent rumors about the approval of the SEC of the Spota ETF on XRP caused confusion and enhanced the volatility in the market. In fact, only Futures ETF on the XRP with a credit shoulder and short positions from Proshares were approved, which will begin to bargain on April 30. Sprite ETF has not yet received approval.
The number of active addresses remains below 200 thousand.
The number of active addresses of the XRP in seven days has significantly reduced and at the time of writing is 147 thousand compared to their historical maximum of 1.22 million, reached on March 19. A sharp decrease in activity on the network reflects a general decline after significant growth, which was observed earlier this year.
From the first of April, the indicator remains steadily lower than 200 thousand, which suggests that the activity of users has not yet been completely restored.
Although the decrease does not necessarily portend prices, it emphasizes an important point: strong rally is often supported by growing participation in the network.
Without a significant increase in the number of active addresses, XRP may encounter difficulties in maintaining an impulse or starting a new bull phase in the near future.
ETF approval on XRP can cause an increase of 49%
The final approval of the spotal ETF on the XRP can be a significant catalyst for the increase in the price of token. This will potentially open significant institutional injections.
Experts believe that if the demand for XRP will grow after approval, as it was with bitcoin, the price of XRP can rise significantly. The next important goal is $ 3.40, which is 49% higher than the current levels.
However, if the impulse does not recover and the descending trend begins, a sharp correction is possible. A breakdown below the psychological level of $ 2.00 threatens to lead to more significant losses – a rollback is possible to $ 1.61. This fall will be 29% of current prices.
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Source: Cryptocurrency
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