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Ripple [XRP] has taken the top spot in Binance Futures’ trading volume, surpassing all other altcoins in the market. This monumental achievement could potentially have a significant impact on the cryptocurrency’s future prospects.
With this massive trading volume, it is crucial to assess what this development may mean for XRP’s trajectory in 2025.
XRP has been going through a downturn since early December, shedding nearly 24% as of this writing. The price has also failed to hold above the 50-day Moving Average, which could potentially see the altcoin drop to the range-low of $1.9, acting as a liquidity pool since early December.
However, in the short-term, the market is at a crossroads. The nearly neutral RSI suggests that there is no clear direction or sentiment bias.
Source: eng.ambcrypto.com
