XRP Analysis: Could $35 Be a Reality by 2025? Bold Predictions & Trends

XRP’s recent price movements have drawn attention after a technical analysis by crypto analyst Steph predicted a potential price of $35 by 2025. 

This projection signals a 1,300% increase from current levels, sparking interest among traders and investors. The price of XRP recently saw a sharp increase over 24 hours before retracement, with the momentum aligning with a successful retest of the 2021 peak at $1.96. 

Meanwhile, this level also serves as the neckline for a key “W” formation on the monthly chart, a pattern that often suggests an upward trajectory.

#XRP HOLDERS WILL BE FILTHY RICH BECAUSE OF THIS! (Price Prediction 2024 – 2025) pic.twitter.com/esdq9eJ6zz

— STEPH IS CRYPTO (@Steph_iscrypto) December 11, 2024

Current Market Trends

XRP was trading at $2.33 at press time, with a 24-hour trading volume of approximately $10 billion. Over the past week, XRP has shown a slight rise of 0.50%, even with a 4.40% drop over the last 24 hours. Its market capitalization now stands at $133.3 billion, based on a circulating supply of 57 billion tokens.

Steph’s analysis suggests that if XRP were to hit $35 by 2025, a $1,000 investment at today’s price could grow to $14,000. Investors holding around $70,000 worth of XRP today could see their portfolios cross the million-dollar mark. 

However, the analyst has urged caution, recommending that investors secure profits as the price climbs.

“There are no guarantees in crypto,” Steph remarked, “but the probability of XRP reaching $35 in 2025 is looking increasingly likely.”

XRP vs. Bitcoin: A Changing Trend

XRP has also shown promising performance against Bitcoin (BTC). After years of underperformance since 2018, XRP has started to reverse its trend.

The XRP/BTC trading pair has recently seen strong upward movement, with large weekly green candles indicating relative strength. XRP is currently retesting a crucial resistance level against Bitcoin, which has acted as a ceiling since 2020. If this resistance is broken, XRP could outperform Bitcoin by as much as 78%.

On the daily chart, XRP is consolidating in a bullish flag pattern against BTC. This formation often points to a continuation of the previous trend, and a breakout may occur soon, adding to XRP’s momentum.

Ripple’s Ecosystem Gains Strength

Aaron McDonald, CEO of Futureverse, discussed XRP’s market growth and the role of the Ripple ecosystem during a recent interview on The Paul Barron Network. He emphasized the loyalty of XRP’s community and their ability to drive growth, describing them as a “loaded spring” poised to make a strong impact.

McDonald also pointed to the upcoming RLUSD stablecoin, backed by Ripple, which aims to bring additional liquidity to XRP’s ecosystem. He explained that stablecoins like RLUSD could enhance usability, especially in sectors like gaming, where fast and reliable transactions are essential.

XRP’s growing presence is further reflected in the establishment of nearly 20,000 trust lines, highlighting its increasing importance within the ecosystem. McDonald expressed confidence in Ripple’s ability to deliver innovative solutions that support the asset’s long-term growth.

Steph has advised XRP investors to monitor price movements carefully and take profits as the asset rises rather than waiting for the projected $35 peak.

FAQs

What is the projected price of XRP by 2025?

Crypto analyst Steph predicts XRP could reach $35 by 2025, representing a potential 1,300% increase.

How is XRP performing against Bitcoin?

XRP is reversing a multi-year downtrend against Bitcoin and could outperform it by up to 78%.

What is RLUSD, and how does it impact XRP?

RLUSD is a Ripple-backed stablecoin aimed at enhancing liquidity and usability within the XRP ecosystem.