XRP News: Retail Investors Prefer XRP over Bitcoin, Reveals Glassnode Report, XRP Price to Hit $5?
1
0

A recent report from Glassnode has revealed an interesting shift in retail investor preferences. XRP has emerged as the favored cryptocurrency over Bitcoin during the current market cycle. This fact highlights the difference between the growth paths of these two assets, showcasing the interplay between investor behavior and market dynamics. At the end, let’s see how this trend is going to affect the XRP price.
XRP Boasts 490% Increase in User Activity
According to Glassnode’s newsletter, XRP has seen an impressive 490% increase in active addresses since the 2022 cycle. On the other hand, Bitcoin has seen a modest 10% growth in the same period. This remarkable surge in activity shows higher speculative interest among XRP retail investors, who have preferred XRP over Bitcoin for short-term gains. In contrast, Bitcoin’s movements have been mostly driven by institutional investors, reflecting steady growth.
Graph 1 – Published on TradingView, April 4, 2025
XRP Market Cap Skyrockets! 200% in 4 Months!
The Glassnode newsletter also noted that XRP’s realized market capitalization has nearly doubled, rising from $30 billion to $64 billion between December 2024 and early 2025. It is worth noting that over half of this capital has grown in the last six months, indicating a wave of participation by XRP retail investors. The data shows that the number of XRP addresses that are younger than six months has gone up to 62.8% from 23% in a short period.
Graph 2 – Published on TradingView, April 4, 2025
Glassnode Issues Warning
However, Glassnode also issued a word of caution that this rapid growth could make XRP’s market structure more fragile and prone to downsides. While XRP’s appeal is evident from these statistics, the viability of its rally remains uncertain. To add to that, the Realized Loss/Profit Ratio has been dropping steadily. This means that investors are facing losses larger than their profits. Seeing that, it will not be a surprise if there is some shocking XRP news in the near future.
Given this situation, strong groundwork is being laid for interesting action coming in the next quarter of 2025. After the U.S. tax filing day, retail investors expecting positive XRP news in the short term may face disappointment. With that in mind, let’s take a quick look at XRP’s latest price performance to form our own XRP price prediction for today.
XRP Price Analysis: XRP Consolidates Around $2
XRP also faced the brunt of the market crash on Liberation Day. It started trading yesterday at $2.016, going on an uptrend, thanks to the oversold conditions on the RSI and a golden cross on the MACD. RSI climbed to reach $2.0637 and stabilized there as the EMAs converged. It displayed range-bound behavior, rising ever so slowly. However, the coin found strict resistance at $2.08.
The buying pressure could not take XRP further as a death cross validated a price decline. The price decline was dramatic as XRP descended slowly at first, showed signs of a reversal, and then plunged to $1.964 at 12:50 UTC. Rapid action followed on the MACD, with RSI reading oversold conditions in the market.
Chart 1- published on TradingView, April 4, 2025
As the bulls started taking over, XRP climbed up confidently, eventually going to test the $2.08 resistance at 19:10. However, the RSI was overbought at that point, leading XRP to face correction. Consequently, XRP displayed range-bound behaviour, finding support at $2.037. XRP went on to test the resistance a few more times. However, at 6:10 UTC on April 4, XRP tested the resistance again, faced correction, and then broke the $2.08 resistance, supported by a golden cross at 7:10. Since then, XRP has slumped down, abandoning the $2.037 support.
XRP Price Prediction: XRP’s Recovery Attempted Sabotaged by $2.08 Resistance
XRP was off to a good start to recover from the slump, but has failed to generate enough bullish force to break past $2.08. It was able to shatter resistance today, but soon slumped. For now, the RSI depicts oversold levels. Given that, the EMAs are bound to converge soon, and we may see a golden cross. If the golden cross is a wide one, XRP will have enough fodder to get back to testing the $2.08 levels in the second half of the day. If not, XRP may slump a bit more before attempting recovery.
The post XRP News: Retail Investors Prefer XRP over Bitcoin, Reveals Glassnode Report, XRP Price to Hit $5? appeared first on Coinfomania.
1
0
Securely connect the portfolio you’re using to start.