The price of XRP has been on a rollercoaster ride in recent times. Despite a broader market correction dragging its price below $0.50 on multiple occasions within a 24-hour window, XRP continues to garner optimism from prominent crypto figures.
These experts foresee a significant upswing for XRP in the current 2024/2025 bull season, with predictions ranging from $3 to $20.
Recent Price Performance and Investor Sentiment
While XRP has managed to recover slightly above the $0.50 mark, it’s still facing downward pressure. Over the past day, it has witnessed a 1.5% decline, and on the weekly charts, a 5.19% dip. Year-to-date (YTD), the price has slumped by over 18% and currently sits at $0.507 according to coinmarketcap’s data.
However, this hasn’t deterred some crypto enthusiasts from expressing bullish sentiment. They believe XRP is poised for a major rally during the current bull season, potentially reaching a price range of $3 to $20.
Predictions for XRP’s Price Surge
Early Bitcoin investor Kyle Chassé has projected a peak price of $3 for XRP during the bull run. This prediction implies a significant increase of 493% from its current price. Notably, this target falls short of XRP’s all-time high of $3.84, achieved in January 2018. It’s important to acknowledge that Chassé hasn’t provided specific reasoning behind his bullish outlook.
On the other hand, crypto analyst X (@KingCryptoAryan) has presented a more audacious prediction, suggesting XRP could skyrocket to a staggering $20 this bull season. This translates to a phenomenal surge of over 3,850% from its current price. Similar to Chassé, Aryan hasn’t outlined any concrete factors supporting this ambitious forecast.
Looking at the Broader Context
It’s crucial to note that these aren’t isolated predictions. Last month, popular crypto investor Ash forecasted an XRP price rise to $3 between April and July 2025, which is expected to be the peak of the bull run. Likewise, other proponents like EGRAG anticipated XRP revisiting its all-time high around the $3 mark this bull season.
For the $20 target, Aryan isn’t alone either. Earlier in the month, Times Tabloid reported Armando Pantoja, a member of the Bezinga crypto advisory council, echoing a similar sentiment.
His analysis suggests XRP reaching a “true value range” of $8 to $20 by 2026. Pantoja’s prediction is backed by factors such as legal clarity surrounding XRP, historical performance, increasing institutional adoption, positive market trends, and the expanding utility of XRP. Interestingly, Pantoja previously projected an even wider range of $10 to $20 for XRP, without specifying a timeframe.
While the future trajectory of XRP remains uncertain, the confluence of bullish predictions from prominent figures suggests a potential upswing for the cryptocurrency. Investors should conduct thorough research and due diligence before making any investment decisions based on these forecasts.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.