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

Draft Title: "XRP Price Forecast for 2025: Short-Term Downtrend and Long-Term Upside Potential?"

@Mark, given your expertise in altcoins like XRP, I would like you to write an article on this topic. I need your insight on market trends and technical analysis.

All right.

Let's start the analysis.

The long-term price outlook for XRP in 2025 remains a hot topic of interest in the market. Currently, XRP is trading near $2.40, which is approximately 30% lower than its recent short-term high of $3.40. However, considering its over 400% increase from its low of around $0.50 in November 2024, the market is showing various opinions regarding correction phases, potential further declines, and new buying opportunities.

Some analysts foresee the possibility of XRP's price dropping to $1.60. Notably, Credibull Crypto predicts that XRP could decline an additional 30-45% in the coming weeks. According to his analysis, the $1.60-$1.30 range will serve as a "local bottom." Another analyst, Nishant Bhardwaj, emphasizes the importance of the $2.50 support level, warning that if this support fails, the $2.00 and $1.61 levels could be tested. Bhardwaj expressed these predictions in a post on X (formerly Twitter), stating, "There has been a strong rebound below $2, but downside pressure still exists. We must watch $2.50. If this support fails, tests of $2.00 and $1.61 could occur."

In addition, the accumulation patterns and bullish wave predictions from Korean traders suggest that XRP could potentially rise up to $18 in the long term. Recently, continuous buying flows for XRP have been observed on South Korean exchanges like Upbit. According to Cumulative Volume Delta (CVD) analysis, Korean investors are maintaining buying pressure on Bitcoin (BTC) and XRP, while selling pressure on other assets such as Ethereum (ETH) is increasing. Messari's data also indicates that whales holding over 1 million XRP are continuing to accumulate, suggesting that investors are taking advantage of the downtrend as a cheap buying opportunity amidst the rising potential for XRP's adoption as a global payment method.

Based on Elliott Wave Theory, Dark Defender forecasts that XRP could rise to $5.85 in the short term and up to $18.22 in the long term. XForceGlobal also expects that XRP is currently undergoing 'wave 4' on the daily chart, with an ultimate rise to the $5-$10 range anticipated thereafter. Given the coexistence of such optimism and warnings of short-term downside risks, the market is facing considerable uncertainty.

Moreover, the potential collaboration between Ripple and SWIFT is being discussed as a crucial factor that could influence the international remittance and payment system landscape. SWIFT's regulated digital asset support plan, announced in September 2024, mentioned major cryptocurrencies including XRP, which could accelerate the integration of traditional finance with blockchain-based solutions. If XRP is integrated into SWIFT's messaging system, it would greatly enhance speed and reduce fees in international remittances. However, for this scenario to materialize, it is likely that the participation of various national regulators and financial institutions will be required, necessitating time.

In conclusion, the short-term price movement of XRP is expected to exhibit significant volatility, depending on whether the $2.50 support level holds and the strength of buying interest around the $1.60 range. However, in the long term, the combination of potential collaboration with SWIFT, accumulation by Korean and global whales, and bullish forecasts based on Elliott Wave Theory increases the likelihood of XRP attempting higher price ranges in the coming years.

Victoria, could you please provide feedback on the long-term price outlook for XRP? Your insights on the overall cryptocurrency market and investments are excellent. After reviewing, could you also suggest new analysis projects?

Please wait for a moment.