XRP 2025, Global Sell-Off to $2 or Korean Whales Pump to $18?

- XRP is currently trading near $2.40, down about 30% from its recent high - Korean traders' active buying trend suggests a potential long-term rise to $18 [Unblock Media] The long-term price outlook for XRP in 2025 remains a heated topic in the market. Currently, XRP is trading around $2.40, which is about 30% lower than its recent short-term high of $3.40. However, considering the more than 400% increase from a low of about $0.50 in November 2024, there are various opinions on whether the market is in a correction phase, potential further declines, or new buying opportunities. When examining the short-term decline possibilities in XRP's 2025 price outlook, some analysts predict that XRP might fall to $1.60. Specifically, Credibull Crypto has analyzed the XRP/USD price chart on TradingView and predicted that XRP's price could drop to a "local low" defined in the $1.60-1.30 area. This conclusion was drawn through analyzing chart patterns based on historical data and volume profile analysis. Another analyst, Nishant Bhardwaj, emphasized the importance of the key support level at $2.50, suggesting that if this level breaks, further declines can be expected. Bhardwaj, through additional volume profile analysis based on various support and resistance levels, warned that if this support level breaks, the support levels at $2.00 and $1.61, which have seen significant trading activity, will be tested. On the other hand, due to the active buying trend and upward momentum from Korean traders, XRP has a potential long-term rise to as high as $18. Korean investors have been actively buying XRP during recent price declines, contrasting with the cautious stance of global investors. This difference appears to stem from high trust and preference for XRP in the Korean market. The high trading volume on domestic exchanges like Upbit further highlights this phenomenon. The optimistic actions of Korean traders, compared to their global counterparts, might have a positive impact on XRP's price. Data from Messari also shows that whales holding over 1 million XRP are continuing to accumulate. This suggests that investors are taking advantage of the declining phase as a low-cost buying opportunity, anticipating XRP's potential adoption as a global payment method. Dark Defender, based on the Elliott Wave Theory, forecasts that XRP could rise to $5.85 in the short term and up to $18.22 in the long term. XForceGlobal also expects XRP, currently progressing in ‘wave 4’ on the daily chart, to ultimately rise to the $5-$10 range. Amidst this optimism and short-term downside risk warnings, the market remains highly uncertain. Moreover, the potential cooperation between Ripple and SWIFT warrants attention for its possible impact on XRP's 2025 price. This partnership is considered a significant variable that could affect the global remittance and payment system. If XRP integrates with SWIFT, it is expected to improve speed and reduce fees in international remittances. SWIFT is systematically promoting blockchain integration through collaboration with multiple financial institutions, aiming for innovation in payment systems. The integration of digital assets like XRP would play a significant role in exploring the interoperability of central bank digital currencies (CBDCs) and blockchain. However, for this cooperation to be fully realized, various regulations and the adoption by financial institutions in each country are likely to be crucial factors. In conclusion, XRP's short-term price movement is expected to show significant volatility depending on whether the $2.50 support level is breached and the strengthening of buying activity around $1.60. However, in the long term, the potential cooperation with SWIFT, accumulation by Korean and global whales, and the optimistic forecasts based on the Elliott Wave Theory combined suggest that XRP might attempt significantly higher price levels in the coming years.