The cryptocurrency market witnessed one of its most volatile days on Tuesday, with major assets such as Bitcoin (BTC) and altcoins experiencing steep declines. Despite the broader sell-off, XRP demonstrated resilience, outperforming Bitcoin and other top digital assets.
XRP Holds Strong Amid Market Chaos
XRP revisited lows of $2.07 on Tuesday after a sharp 14% intraday drop. However, this was not its steepest decline in February, as the token had previously plummeted to $1.70 during a broader sell-off on February 3. Despite this latest setback, XRP has shown remarkable strength compared to its counterparts.
Bitcoin, the market’s leading asset, fell below $86,000, marking its lowest point since November 2024. Unlike Bitcoin, XRP avoided setting a new lower low, showcasing relative stability amid the downturn.
Market Analysts Remain Optimistic
Several analysts have pointed out XRP’s resilience during the crash. Crypto analyst Dom noted that XRP’s market action indicated a “fakeout” below the critical $2.25 level rather than a sustained decline. He emphasized that XRP needs to close the daily candle above this level to confirm a rebound.
$XRP update
— Dom (@traderview2) February 25, 2025
Still looking good here as we got a fakeout below the important level ($2.25)
Vital to close the daily above and NOT accept below
XRP is holding up better than 90% of alts, chart isn't broken
I will share more thoughts soon, but need to see how BTC reacts next… https://t.co/m5cOOCO88Z pic.twitter.com/EdWeRQfVxG
Dom also highlighted Bitcoin’s $85,000 support zone as a crucial determinant for market direction. If BTC falls below this level, it could signal a more significant downturn. However, he expressed confidence in XRP’s market structure, noting that the asset remains stronger than 90% of altcoins.
Another analyst, Charting Guy, echoed these sentiments, pointing out that XRP continues to hold above the bull market support band, a crucial technical level. His analysis suggests that XRP’s price structure remains intact despite market turbulence.
$XRP continues to hold bull market support band ✅ https://t.co/z1wfBN5J58 pic.twitter.com/PhWdKjROs6
— Charting Guy (@ChartingGuy) February 25, 2025
XRP Outperforms Leading Altcoins
Data from Coincodex further underscores XRP’s strength. The token outperformed 93% of the top 100 cryptocurrencies, avoiding the deeper losses experienced by other major altcoins. For instance, while XRP quickly rebounded 7.5% to trade at $2.31, reducing its weekly loss to 9.4%, Solana (SOL) and Dogecoin (DOGE) struggled with losses of 17% and 38%, respectively.
Also Read: XRP Lawsuit Nears End? Fred Rispoli Declares ‘Case Is Over’ Amid SEC Settlement Buzz!
As market conditions stabilize, XRP’s ability to withstand volatility could set the stage for a stronger recovery. With analysts closely watching key support and resistance levels, XRP’s resilience may position it as a standout performer in the weeks ahead.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.
