XRP continues to attract investors with its strong performance in January. After Ripple’s crypto currency fell to $ 2,60, it recovered and rose to $ 3,12. However, the possibility of the XRP to reach $ 5 seems to depend on how strong the HODL trend will remain.
Strong performance in January
Popular Altcoin made a strong start to the new year after a difficult December. The XRP, which had a 17 %decrease in December, drew attention with an increase of 12.8 %in one day in January. Altcoin, who rose to $ 3 for the first time in 7 years in this month, was an award for patient investors.
This movement caused only 200,000 new active addresses to be added in January. In addition, XRP whales assessed every price drop and added 120 million tokens to their wallets and increased their total reserves to 10.33 billion token.
The role of XRP whales and potential obstacles
Whales play a critical role in the rise of XRP. Large investors increase their effects on the market by making aggressive purchases in price decreases. For example, only 2.56 billion token has been purchased by whales only since November. This helped XRP expand the market volume and increase investor confidence.
However, the market is not completely independent of volatility and external influences. As seen in the “Deepseek” Fud example, negative news from outside can quickly affect market sensitivity. The XRP’s target of $ 5 will depend on investors’ maintenance of HODL trend and limited FUD effects.
XRP’s Future and 5 Dollar Level
The XRP’s reached $ 5 level depends not only for the preservation of the existing momentum, but also to support market dynamics. Despite the past MT.Gox collapse or Terra/Luna crisis, the crypto market has tended to recover in the long term. XRP’s reaching this level is possible with a strong investor support and market stability.
Despite short -term fluctuations, XRP’s long -term growth potential continues to be shaped by increasing adoption and financial integration. Investors can evaluate this potential by adopting a patient and strategic approach.
