financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Top Ripple (XRP) Price Predictions as of Late
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Top Ripple (XRP) Price Predictions as of Late
Jan 7, 2025 5:02 AM

TL;DR

XRP gained 20% in a week, with analysts predicting a rise to $3.70 or even $9.50 if key resistances are broken. Trump’s return as US president and pro-crypto SEC leadership could favor Ripples lawsuit, reducing regulatory uncertainty for XRP and potentially triggering upward pressure for the price.

Is XRP Gearing up for a Breakout?

The cryptocurrency market has experienced a substantial revival since the start of 2025, with numerous leading digital assets charting impressive gains. Ripples XRP is among the best performers, witnessing a price increase of almost 20% in the past week. 

XRP Price, Source: CoinGecko According to many analysts, the asset has much more room for growth. Captain Faibik told his more than 100,000 followers on X that XRP might be on the verge of a bullish flag breakout on the daily timeframe chart. They expect a 50% pump to as high as $3.70 should the price surpasses its current resistance of around $2.45.

For their part, CRYPTOWZRD highlighted the XRP/ETH trading pair to predict that Ripples native token could experience explosive growth. The analyst went even further, suggesting that a new all-time high of $4 per coin seems inevitable.

Veteran trader Peter Brandt also gave his two cents. He believes XRPs market cap could skyrocket above $500 billion in the near future, citing the formation of a half-mast flag. The tokens current capitalization stands at less than $150 billion, while a rise to the depicted target would result in a price rally to nearly $9.50.

A month ago, Brandt maintained that XRP has the most powerful chart in all of crypto world. His latest bullish stance on Ripples native token contrasts with his predominant skepticism expressed in the past. 

XRP to Thrive During Trumps Reign?

Donald Trumps victory in the US presidential elections caused huge enthusiasm across the XRP army. After all, he made several pro-crypto promises, such as the pledge to fire the SECs Chairman Gary Gensler on day 1 after assuming office. 

The agencys leader is considered a big enemy of the cryptocurrency sector. During his tenure, the securities regulator filed countless lawsuits against crypto businesses, including the well-known case against Ripple. 

Gensler decided to vacate his post voluntarily and will officially step down on January 20. His successor will be Trumps nominee, Paul Atkins, who is generally considered an advocate of the cryptocurrency industry. The XRP army expects the Commissions upcoming leadership to take a less hostile stance toward the digital asset sector and push the case against Ripple to a favorable resolution soon. 

Settling the lawsuit could remove much of the regulatory uncertainty surrounding XRP and potentially increase the interest among investors. However, the legal proceedings remain quite complex, meaning the case could be dragged for a few more years even with the SECs new leader.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bitcoin (BTC) Price Will Not Drop Below This Level Again, Says PlanB
Bitcoin (BTC) Price Will Not Drop Below This Level Again, Says PlanB
Apr 5, 2024
Bitcoin Stock-to-Flow (S2F) model creator and analyst PlanB has identified a level which he believes Bitcoin (BTC) will never go below again. According to a tweet by the controversial analyst, BTC is “highly unlikely” to ever move below $33,000, which is also its 200-week moving average. This prediction applies to post-halving slumps and subsequent bear markets. Bitcoin to Remain Above...
Here Are 5 Reasons Why Shiba Inu’s (SHIB) Price Could Rally Soon
Here Are 5 Reasons Why Shiba Inu’s (SHIB) Price Could Rally Soon
Apr 5, 2024
TL;DR Key indicators like heightened social engagement, alongside significant SHIB withdrawals from exchanges, hint at an upcoming bull run for the meme coin. SHIBs aggressive token burning and the progress of its Shibarium layer-2 blockchain solution could also contribute to positive market performance. What Signals a Possible SHIB Bull Run? The cryptocurrency market is still trying to rebound from the...
WIF Plummets by 15% Overnight, BTC Recovery Begins by Reclaiming $67K Level (Market Watch)
WIF Plummets by 15% Overnight, BTC Recovery Begins by Reclaiming $67K Level (Market Watch)
Apr 5, 2024
After a few days of trading sideways and losing value, Bitcoin finally went on the offensive yesterday evening and spiked above $69,000, where it faced a strong rejection. The altcoins have suffered in the past 24 hours, aside from TON, XRP, and BCH, all of which have posted minor gains. BTC Stopped at $69K Bitcoins price actions this week have...
Bitcoin’s Current 18% Retrace Is Right on Schedule and Is Actually Good News: Here’s Why
Bitcoin’s Current 18% Retrace Is Right on Schedule and Is Actually Good News: Here’s Why
Apr 5, 2024
Bitcoin (BTC) is in the first phase of its halving and is on track with analysts predictions, crypto trader and analyst Rekt Capital has revealed. According to a tweet, Bitcoins 18% retrace in the past weeks was expected, as similar slumps occurred before the second and third halvings. This indicates that BTC would repeat many of the incidents witnessed in...
Copyright 2023-2025 - www.financetom.com All Rights Reserved