Ripple’s XRP is showing strong recovery signs after finding solid support at $2.00, currently trading at $2.22 as institutional interest continues to grow. This upward movement comes despite broader market uncertainty related to tariff tensions in the United States.
Major Institutional Investments Bolster XRP’s Position
In a significant development, renewable energy company VivoPower has announced a substantial $121 million allocation to an XRP-focused treasury reserve. The company will utilize BitGo’s over-the-counter infrastructure to manage this investment .
“VivoPower is committed to driving value for our shareholders by building out a leading digital asset treasury strategy,” stated Kevin Chin, CEO of VivoPower, emphasizing their partnership with “best-in-class digital asset leaders like BitGo.”
This institutional adoption trend extends beyond VivoPower. Webus International, a Chinese car and touring services provider, has signed an agreement to raise $300 million through non-equity financing to establish its own XRP-centered reserve. The company plans to integrate XRP payments into its ecosystem, further expanding real-world utility for the digital asset .
Technical Analysis Points to Continued Growth
XRP’s price chart shows promising technical indicators that suggest continued upward momentum. The digital asset is currently holding above a key ascending trendline after successfully bouncing off the 200-day Exponential Moving Average support at $2.07.
The Relative Strength Index (RSI) is showing an upward reversal and approaching the midline, indicating growing buying pressure. Traders are watching for a potential buy signal from the Moving Average Convergence Divergence (MACD) indicator, which would further strengthen the case for movement toward the $2.60 target.
On the 4-hour chart, MACD has maintained a buy signal since Saturday and is close to breaking above the zero line. This technical setup, combined with the RSI moving toward overbought territory, suggests XRP could continue its upward trajectory in the near term.
XRP/USDT daily chart
Potential Challenges and Resistance Levels
Despite the bullish outlook, XRP faces some potential hurdles. The price currently sits below both the 100-day and 50-day Exponential Moving Averages at $2.26 and $2.27 respectively, which could act as resistance levels. Additionally, the previously tested resistance at $2.35 may trigger profit-taking as the price recovers.
XRP’s Broader 2025 Outlook
Looking beyond the immediate price action, XRP’s future appears increasingly promising as we move through 2025. With XRP futures going live in May 2025, the asset has entered a new phase of maturity that signals broader institutional interest .
The resolution of Ripple’s long-standing SEC lawsuit has removed a significant regulatory cloud, allowing the company to operate with greater certainty in key markets. This regulatory clarity has strengthened investor confidence and opened doors for broader global adoption .
XRP’s growing independence from Bitcoin’s price movements also suggests the market is increasingly recognizing its unique value proposition. This decoupling may signal a maturing asset that can move based on its own fundamentals rather than following Bitcoin’s sentiment .
The XRP Ledger’s institutional adoption has reportedly surged by an impressive 4,466%, with many entities now looking to digitize real-world assets on the platform . This trend, combined with Ripple’s strategic upgrades to make XRPL more suitable for institutional use, positions XRP for potential significant growth through 2025.
