Ripple's value soars to $15 billion, XRP nears support line

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Despite the downturn in the broader market, the XRP price is expected to see further increases due to several positive fundamental factors.

According to data, Ripple is one of the most valuable unlisted companies in the world. Other cryptocurrency companies are also included in this list.

Ripple, One of the Most Valuable Unlisted Companies... CB Insights

According to CBInsights data, Ripple is one of the most valuable unlisted companies in the world, with a valuation of over $15 billion. In the unicorn company list, Ripple is ranked 23rd, with Elon Musk's SpaceX, valued at $350 billion, taking the top spot.

Major Ripple investors include IDG Capital, Venture 51, and Lightspeed Venture Partners. The company was added to the unicorn list on December 20, 2019.

"A unicorn company or unicorn startup is an unlisted company valued at over $1 billion. As of July 2025, there are more than 1,200 unicorns worldwide." โ€“ CBInsights description.

Notably, Ripple is included in 31 of the 50 most valuable unlisted companies in the United States. Other blockchain or cryptocurrency companies in the ranking include the $13.3 billion Non-Fungible Token marketplace OpenSea, Bitman Technologies, and Kucoin Exchange.

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

Beyond this market leadership, Ripple's token may soon attract attention, and the XRP price movement is signaling a recovery rally.

Will XRP Price Recover... Momentum Increasing

On the daily chart of the XRP/USDT trading pair, the Ripple price has recovered most of the points lost during Saturday's crash.

With the support level maintained at $2.7346, the XRP price may offer a buying opportunity for late buyers before the next rise.

According to the Relative Strength Index (RSI) indicator, momentum continues to increase despite the recent XRP market downturn. This can be confirmed by the higher lows on the RSI. If a similar pattern to the past repeats (highlighted in purple on the RSI), the XRP price may extend its current recovery.

The volume profile supports this assumption, showing that XRP buyers are ready to take interest when the Ripple price is near $2.9750.

As the upward momentum increases, the XRP price may rise, and breaking above $3.1454 could create an atmosphere for further increases. If this obstacle is decisively overcome, the Ripple price could challenge the resistance order block between $3.4823 and $3.6570.

This order block, or supply zone, prevents the Ripple price from reaching a new all-time high (ATH), which was $3.6607 on July 18.

XRP buyers looking to take long positions towards Ripple's next peak might want to wait for a daily timeframe candlestick close above the average threshold of $3.5527.

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

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

If the support level of $2.7346 breaks, the Ripple price could fall to the bullish Fair Value Gap (FVG) between $2.5678 and $2.6629. A candlestick close below the critical penetration (CE) of $2.6168 could intensify the downtrend.

"The MVRV ratio indicates a death cross for XRP, which may suggest a steeper correction is in progress." โ€“ Written by on-chain analyst Ali on X (Twitter).

However, XRP still maintains significant buying volume below the bullish FVG, which provides the possibility of a reversal at this level for the Ripple price.

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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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