XRP initially declined, then staged a strong rebound following Trump’s announcements of new tariffs.
A huge hammer pattern has emerged on the XRP/USDT chart, indicating a strong buy signal.
According to technical analysis, there is potential for a 37% upward movement in XRP’s price to $3.40.
XRP lost
nearly 40% during Monday's session, dropping to its lowest levels since
November, only to recover and close up 5% by the end of the day. This
volatility was triggered by Donald Trump's announcement of 25% tariffs on
Mexico and Canada, which he later temporarily withdrew.
The
new-again U.S. president shook global markets, including cryptocurrencies,
leaving a notable hammer formation (or bullish pin bar) on XRP's chart,
demonstrating how strongly buyers rejected attempts to fall below the
psychological $2 level.
In this
article, we explore why XRP is going up and whether its price will reach new
all-time highs, presenting the latest technical analysis and XRP price
prediction for 2025.
Why XRP Fell and
Rebounded: Trump's Tariffs Shake Markets
On Sunday,
Donald Trump announced 25% tariffs on neighboring Canada and Mexico, with new
regulations set to take effect on Tuesday. He also suggested similar fees might
be imposed on the EU.
However,
Trump later backtracked from his initial announcements, stating that tariffs
might be suspended for a month if border controls are increased to combat
migration.
Why Is XRP Price Up Today?
Following
this turmoil, XRP's price first plummeted by almost 40% on Monday to just
$1.77, its lowest since November, before ultimately ending the day at $2.7, up
approximately 5%.
XRP price today. Source: CoinMarketCap.com
Although
today (Tuesday, February 4, 2025), XRP's price is slightly declining to $2.49,
it has managed to recover a significant portion of its sudden losses from the
beginning of the week.
The
maintained tariffs on China prevented a green candle from forming on today's
chart. Trump's actions caused considerable devastation in crypto markets,
triggering cascading liquidations of leveraged positions. While losses have
decreased, they still total $544 million over the last 24 hours, affecting both
short and long positions. XRP saw liquidations of longs worth nearly $19
million and shorts worth almost $13 million.
Major Hammer Formation on
XRP Chart: Technical Analysis
A bullish
case for XRP in the coming days and weeks is supported by the candlestick
formation that appeared on Monday's daily chart. We observed a very long lower
wick with a short body, clearly rejecting the lower boundary of the
consolidation drawn since November and the psychological $2 level.
This
indicates buyers are ready to defend this level and accumulate XRP at local
bottoms. Bullish momentum could soon drive the price back to around $2.90,
where early December highs are located.
XRP price has the potential to jump almost 40%. Source: Tradingview.com
Breaking above this level would open
the path to the upper boundary of the current consolidation and XRP's previous
ATH at $3.40.
XRP Price Support
XRP Price Resistance
$1.60 - 200 EMA
$2.90 - Early December highs
$2.00 - Lower consolidation boundary
$3.00 - Psychological level
$2.60 - 50 EMA
$3.40 - Previous ATH
The bullish
scenario would be invalidated by a drop below the mentioned $2 support and
breach of the 200 EMA. This would signal bears returning to control,
potentially pushing XRP's price to $1 or lower.
XRP Price Prediction: DeepSeek
AI Predicts XRP to Reach $5
DeepSeek
AI, a predictive analytics platform, has entered the conversation on XRP’s
outlook for 2025. Using machine learning, sentiment analysis, and economic
data, the service aims to offer forward-looking perspectives on various digital
assets.
Its
projections suggest that XRP
could trade between $3.50 and $5.00 by late 2025. The model assigns a 70%
chance that a favorable outcome in Ripple’s legal proceedings will bolster
investor sentiment and encourage institutional adoption.
Meanwhile,
expanded use of Ripple’s On-Demand Liquidity platform by financial institutions
could further elevate XRP demand. Broader market sentiment, especially trends
tied to Bitcoin’s performance, along with global economic factors, is also
expected to shape XRP’s price trajectory.
XRP Price, FAQ
Why is XRP increasing?
XRP’s
recent price upswing is largely attributed to a rapid sell-off and subsequent
recovery triggered by Donald Trump’s tariff announcements on Mexico and Canada.
Despite initially plummeting by nearly 40%, XRP rebounded after Trump indicated
a temporary withdrawal of the tariffs, suggesting a more favorable
macroeconomic environment than initially feared.
Is it worth investing in
XRP now?
The price
has bounced back from steep losses, supported by positive technical signals
such as the notable hammer candlestick and potential upside targets near $2.90
to $3.40. However, the cryptocurrency market remains volatile, and external
factors—such as tariff policies, broader economic conditions, and Bitcoin’s
performance—can influence XRP’s price.
Could XRP reach $5?
According
to projections from DeepSeek AI, a predictive analytics platform mentioned in
the article, XRP could trade in the $3.50 to $5.00 range by late 2025. This
forecast assumes a favorable outcome in Ripple’s ongoing legal matters and
increased institutional interest through the On-Demand Liquidity platform.
XRP lost
nearly 40% during Monday's session, dropping to its lowest levels since
November, only to recover and close up 5% by the end of the day. This
volatility was triggered by Donald Trump's announcement of 25% tariffs on
Mexico and Canada, which he later temporarily withdrew.
The
new-again U.S. president shook global markets, including cryptocurrencies,
leaving a notable hammer formation (or bullish pin bar) on XRP's chart,
demonstrating how strongly buyers rejected attempts to fall below the
psychological $2 level.
In this
article, we explore why XRP is going up and whether its price will reach new
all-time highs, presenting the latest technical analysis and XRP price
prediction for 2025.
Why XRP Fell and
Rebounded: Trump's Tariffs Shake Markets
On Sunday,
Donald Trump announced 25% tariffs on neighboring Canada and Mexico, with new
regulations set to take effect on Tuesday. He also suggested similar fees might
be imposed on the EU.
However,
Trump later backtracked from his initial announcements, stating that tariffs
might be suspended for a month if border controls are increased to combat
migration.
Why Is XRP Price Up Today?
Following
this turmoil, XRP's price first plummeted by almost 40% on Monday to just
$1.77, its lowest since November, before ultimately ending the day at $2.7, up
approximately 5%.
XRP price today. Source: CoinMarketCap.com
Although
today (Tuesday, February 4, 2025), XRP's price is slightly declining to $2.49,
it has managed to recover a significant portion of its sudden losses from the
beginning of the week.
The
maintained tariffs on China prevented a green candle from forming on today's
chart. Trump's actions caused considerable devastation in crypto markets,
triggering cascading liquidations of leveraged positions. While losses have
decreased, they still total $544 million over the last 24 hours, affecting both
short and long positions. XRP saw liquidations of longs worth nearly $19
million and shorts worth almost $13 million.
Major Hammer Formation on
XRP Chart: Technical Analysis
A bullish
case for XRP in the coming days and weeks is supported by the candlestick
formation that appeared on Monday's daily chart. We observed a very long lower
wick with a short body, clearly rejecting the lower boundary of the
consolidation drawn since November and the psychological $2 level.
This
indicates buyers are ready to defend this level and accumulate XRP at local
bottoms. Bullish momentum could soon drive the price back to around $2.90,
where early December highs are located.
XRP price has the potential to jump almost 40%. Source: Tradingview.com
Breaking above this level would open
the path to the upper boundary of the current consolidation and XRP's previous
ATH at $3.40.
XRP Price Support
XRP Price Resistance
$1.60 - 200 EMA
$2.90 - Early December highs
$2.00 - Lower consolidation boundary
$3.00 - Psychological level
$2.60 - 50 EMA
$3.40 - Previous ATH
The bullish
scenario would be invalidated by a drop below the mentioned $2 support and
breach of the 200 EMA. This would signal bears returning to control,
potentially pushing XRP's price to $1 or lower.
XRP Price Prediction: DeepSeek
AI Predicts XRP to Reach $5
DeepSeek
AI, a predictive analytics platform, has entered the conversation on XRP’s
outlook for 2025. Using machine learning, sentiment analysis, and economic
data, the service aims to offer forward-looking perspectives on various digital
assets.
Its
projections suggest that XRP
could trade between $3.50 and $5.00 by late 2025. The model assigns a 70%
chance that a favorable outcome in Ripple’s legal proceedings will bolster
investor sentiment and encourage institutional adoption.
Meanwhile,
expanded use of Ripple’s On-Demand Liquidity platform by financial institutions
could further elevate XRP demand. Broader market sentiment, especially trends
tied to Bitcoin’s performance, along with global economic factors, is also
expected to shape XRP’s price trajectory.
XRP Price, FAQ
Why is XRP increasing?
XRP’s
recent price upswing is largely attributed to a rapid sell-off and subsequent
recovery triggered by Donald Trump’s tariff announcements on Mexico and Canada.
Despite initially plummeting by nearly 40%, XRP rebounded after Trump indicated
a temporary withdrawal of the tariffs, suggesting a more favorable
macroeconomic environment than initially feared.
Is it worth investing in
XRP now?
The price
has bounced back from steep losses, supported by positive technical signals
such as the notable hammer candlestick and potential upside targets near $2.90
to $3.40. However, the cryptocurrency market remains volatile, and external
factors—such as tariff policies, broader economic conditions, and Bitcoin’s
performance—can influence XRP’s price.
Could XRP reach $5?
According
to projections from DeepSeek AI, a predictive analytics platform mentioned in
the article, XRP could trade in the $3.50 to $5.00 range by late 2025. This
forecast assumes a favorable outcome in Ripple’s ongoing legal matters and
increased institutional interest through the On-Demand Liquidity platform.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
KuCoin Rolls Out MiCA-Regulated Crypto Platform Across 29 EU Markets
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
