XRP price prediction for February 28, according to historical returns
XRP price prediction for February 28, according to historical returns
Cryptocurrency Feb 12, 2025 Share
Ripple’s XRP started February 2025 with a bearish outlook, following a significant crash fuelled by Donald Trump’s imposed tariffs. Finbold then looked into XRP historical returns and price patterns to forecast a potential target for February 28, moving forward.
Previously, XRP closed January with remarkable 46.18% gains, surging from $2.07 at the month’s opening up to $3.03 at its closing, trading as high as $3.39 at one point.
XRP historical returns in February since 2013
As February develops, Finbold retrieved data from CryptoRank, calculating XRP’s average and median historical returns for each month.
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Notably, XRP’s monthly performance in February, dating back from 2014, has accumulated 4.59% losses on average. Moreover, with seven negative years out of eleven, February also has a median return of minus 8.12%. These returns are measured from opening to closing, or February 1 to 28 (or 29).
For example, XRP’s historical best February was in 2022, up 26.3%. Something similar also happened in 2016, with 23.8% gains. Conversely, 2014 was February’s worst year for XRP, with -33.4%.
XRP price Monthly Returns (USD). Source: CoinRank / Finbold
Ripple’s XRP price prediction by February 28, 2025
As of this writing, XRP is trading at $2.42, below January’s closing price and February’s opening. The leading cryptocurrency now experiences significant short-term losses, bringing a bearish sentiment to its traders despite an impressive year-over-year performance.
Based on its historical returns and February 1’s opening price of $3.03, XRP could trade between $2.78 and $2.89 by February 28. The prediction projects XRP’s price from the monthly open using the median and average historical returns if Ripple’s token keeps its pattern.
Interestingly, this would already represent significant gains from the current prices.
XRP price in February. Source: Finbold
Nevertheless, the market awaits with uncertainties related to macroeconomic dynamics over Trump’s trade wars through tariffs. Furthermore, Ripple is expected to dump around 300 million XRP this month, as Finbold reported, worth over $700 million. This comes from Ripple’s monthly unlocks, related to XRP’s genesis distribution, which can impact the price performance.
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