Ripple’s $15 Billion Valuation Fuels Uptrend as XRP Approaches Support

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Despite the overall market being subdued, XRP's price may rise again due to recent positive fundamental factors.

Data shows Ripple is one of the most valuable private companies in the world, although other cryptocurrency companies are also on this list.

Ripple is among the Most Valuable Private Companies, According to CB Insights

Data from CBInsights shows Ripple is among the most valuable private companies globally, with a valuation over $15 billion. The unicorn company list ranks Ripple at position 23, led by Elon Musk's SpaceX with a $350 billion valuation.

Ripple's notable investors include IDG Capital, Venture51, and Lightspeed Venture Partners. The company joined the unicorn list on December 20, 2019.

"A unicorn startup is a private company valued over $1 billion. As of July 2025, there are over 1,200 unicorn companies worldwide," CBInsights explains.

Notably, Ripple is among the 31 most valuable private companies in the US. Other blockchain or cryptocurrency companies in the ranking include the NFT marketplace OpenSea with $13.30 billion, Bitman Technologies, and Kucoin exchange.

The Most Valuable Companies in the World in 2025The Most Valuable Companies in the World in 2025. Source: CBInsights

Beyond this market leadership, Ripple's token may soon attract attention, with XRP price action suggesting a recovery is approaching.

Will XRP Price Recover with Growth Momentum?

On the daily chart of the XRP/USDT trading pair, Ripple's price has recovered most of the losses from Saturday's decline.

With the $2.7346 level serving as support, XRP price may offer buying opportunities for small investors before further increases.

Based on the RSI (Relative Strength Index), momentum continues to rise despite recent XRP market declines. This is seen through higher lows on the RSI. If history repeats (purple highlighted points on RSI), XRP price may extend the current recovery.

Increasing volume profiles add credibility to this hypothesis, indicating XRP investors are waiting to enter as Ripple's price hovers around $2.9750.

Strong momentum could drive XRP price up, with breaking above $3.1454 creating momentum for further growth. A decisive move past this barrier could bring Ripple's price to face resistance orders between $3.4823 and $3.6570.

This order block, supply zone, prevents Ripple from reaching its All-Time-High (ATH), which was $3.6607 on July 18.

XRP investors wanting to open long positions for Ripple's next surge should consider waiting for a daily candle close above the medium level of $3.5527.

Ripple (XRP) Price PerformanceRipple (XRP) Price Performance. Source: TradingView

However, recognizing selling pressure at current levels, seen through black horizontal volume profile bars, XRP price may decline before reaching the $2.9750 barrier.

If support at $2.7346 breaks, Ripple's price could drop to the fair value gap (FVG) between $2.5678 and $2.6629. A candle closing below the critical entry point at $2.6168 could further aggravate the downward trend.

"The MVRV ratio has issued a death cross for XRP, suggesting a more significant correction may be occurring," writes Ali, an on-chain analyst on X (Twitter).

However, XRP still has strong buying volume below the rising FVG, positioning Ripple's price to potentially reverse around these levels.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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