XRP News: Analyst Forecasts Potential Price Peaks in 2025 Amid Current Market Volatility
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XRP’s Future: Analyst Predicts Potential Peaks in 2025
An analyst, EGRAG Crypto, predicts that XRP could reach peak prices in May or September 2025, based on past cycles. Currently, XRP struggles to stay above $2, with market risks pushing key support levels to $1.6. Despite a recent surge in derivatives volume by 18.01%, long traders lost $26.14 million in liquidations. On March 11, XRP dipped to $1.89 but managed to reclaim the $2 threshold. Bearish sentiment continues to loom amid a broader crypto market downturn.
XRP Price Prediction: Will XRP Finally Break Its All-Time High?
The ripple xrp price prediction remains a hot topic, with XRP recently hitting $3.02. While some analysts believe XRP could potentially reach $20 during a major market rally, others forecast a more modest $5-10 range. Having watched XRP’s journey since 2017, it has seen significant price fluctuations, including a rise from $0.20 to $3.84 before dropping. The question on everyone’s mind is if XRP will finally surpass its previous peak in 2025. With Bitcoin setting the pace, XRP’s movements are likely to follow BTC’s trend.
Ripple Whale Activity Sparks Price Rally Speculation
A Ripple whale has transferred out 167 million XRP, sparking speculation about an upcoming price reversal. The transaction occurred during a market low, increasing investor worry. Despite a 20% price drop in a week, trading volume increased by 68%, indicating renewed market activity. Analysts predict a short-term target of $3 if the XRP price surpasses resistance at $2.70. Whale Alert reported that the $367 million worth of XRP was moved to an unknown wallet, which could indicate accumulation, redistribution, or over-the-counter trades.
XRP Surges 51% After Inclusion in U.S. Crypto Strategic Reserve
XRP surged from $1.95 to $2.95, marking a 51.3% increase driven by its inclusion in the U.S. Crypto Strategic Reserve. The market cap rose by 6%, pushing XRP to $142.47 billion and cementing its position as the third-largest cryptocurrency. Despite a short-term price correction projected around $2.46 on March 15, 88% of traders remain bullish on XRP.
