XRP Price Predictions: Could It Reach $12 by 2025?
XRP Price– XRP, once considered one of the worst-performing assets among the top ten cryptocurrencies, is now making headlines for its impressive price surge. After briefly emerging as one of the top gainers last night, XRP is gaining attention and even praise from critics who had previously written it off. With its 71% price increase since early November, analysts are beginning to rethink their stance on the asset, with some predicting even greater gains ahead.
In this article, we’ll dive into the factors behind XRP’s recent performance, analyze what experts are saying about its potential future, and explore the growing optimism surrounding the cryptocurrency.
XRP’s Recent Price Surge: 71% Increase in Two Weeks
XRP’s price has experienced a remarkable recovery over the past two weeks, gaining 71.12% since trading at a low of $0.4937 on November 3, 2024. On November 15, the asset hit a 17-month high of $0.8452, following an intraday surge of 23%. This move has caught the attention of analysts and investors alike, especially since XRP had historically struggled to perform well relative to other top cryptocurrencies.
According to widely-followed analyst Rafaela Rigo, XRP, which was once considered sluggish and underperforming, is now poised to become a bullish runner. In her recent post on X (formerly Twitter), she stated, The snail is ready to become a runner, highlighting the asset’s rapid price movement. Rigo even posted a chart showing that XRP could potentially rise by an additional 75%, pushing its price above the $1 mark to $1.345 — a level not seen since 2021.
This surge in price comes as a surprise to many, given XRP’s history of low performance compared to other assets like Bitcoin and Ethereum. However, the crypto asset’s recent 7-day price performance is among the best in the top ten, with only Dogecoin outperforming it during this period. The significant price jump has reignited optimism among traders, with many predicting further gains in the coming months.
XRP’s Growing Popularity: Bitcoin Maximalists Flip Bullish
XRP’s recent surge has not only drawn the attention of regular crypto investors but also that of prominent Bitcoin maximalists who had previously been highly critical of the asset. One such figure is the well-known crypto analyst “XRP,” who has openly criticized XRP in the past but recently changed his stance. After XRP broke into the $0.70 range earlier this week, MMCrypto declared that XRP was “no longer a stablecoin” and revealed he had acquired $2 million worth of XRP tokens.
MMCrypto’s shift in sentiment is telling. He pointed out that XRP was showing a coiling pattern, suggesting the asset is nearing a breakout point. In his recent posts, he indicated that a significant move could occur within the next six hours. While he warned traders to exercise caution after a pullback to the $0.786 level, following a surge above $0.80, he remains optimistic about XRP’s future. According to MMCrypto, the breakout for XRP could lead to further significant price gains.
This change in sentiment from previously staunch critics like MMCrypto is indicative of the growing confidence in XRP’s price potential. For many, the price rally represents not just a temporary surge but the beginning of a longer-term bullish trend. This shift in perception has caught the attention of both seasoned traders and those who had previously dismissed XRP as a failed project.
XRP Price Projections: $12 to $27 in 2025?
As XRP continues to outperform expectations, analysts are becoming increasingly confident that the era of cheap XRP may soon be over. According to the crypto analyst Mikybull, “The train has already left the station,” referring to XRP’s current price action. Mikybull is predicting a massive rally that could push the cryptocurrency to new all-time highs by March 2025. His projections suggest that XRP could reach as high as $12, marking a 1,400% increase from its current price level.
Other analysts, like EGRAG, are even more bullish on XRP’s future. EGRAG has stated that anything less than a 4,000% increase for XRP during this cycle could signal market manipulation. EGRAG believes XRP has the potential for even more substantial gains, possibly reaching as high as $27, based on a 96x increase from its cycle low of $0.28. This would represent a truly unprecedented rise, and while it may seem extreme, it aligns with the optimism surrounding XRP’s current momentum.
The growing consensus among analysts is that XRP could see even greater price movements in the coming months, with some forecasting significant gains that could rival the best-performing cryptocurrencies of the last few years. However, as with any speculative asset, there remains an element of risk. While some are predicting that XRP’s price could hit new highs, others warn that volatility could also lead to sharp corrections along the way.
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