The Path to XRP's $7.5 Price Objective
XRP is currently trading below $1, but a crypto expert has projected a price breakthrough to $7.5. Though ambitious, this prediction would put XRP at new all-time highs and stop its years-long decline.
The Path To $7.5 For XRP
A crypto expert shared his positive XRP price predictions on June 10. The expert expects XRP to hit $7.5 before 2025, a key threshold.
He was optimistic that XRP will break the “White Triangle” pattern and reach $1.5, commencing a brief but significant upward momentum. Egrag Crypto shared a 2020–2026 price chart of XRP that showed a unique triangular pattern highlighting a significant Fibonacci 1.618 zone from $6.5 to $7.5.
The expert said the Fibonacci 1.618 zone was a critical resistance region, highlighting it as a perfect potential for investors to benefit. XRP investors who have seen the cryptocurrency's long-term price stagnation may find it unlikely that XRP will reach new all-time highs.
XRP supporters expect crypto expert positive projections would boost cryptocurrency prices. The crypto expert advised the XRP troops to be patient since XRP's breakthrough may follow other big cryptocurrencies.
Further forward, crypto researcher predicts XRP will reach mid-double digits. He said that XRP might reach a new price goal between Fibonacci 2.414 and 2.618 if it closes every week above 1.618. These levels suggest a $25–$45 bullish surge.
Price Performance of XRP
Despite Egrag Crypto's strong prediction for XRP this cycle, the cryptocurrency's price has fallen. XRP fell 2.15 percent in 24 hours, disappointing.
The coin has stabilized around $0.5 for years. It reached $0.6 this year as crypto market volatility eased.
XRP is trading below $0.5, down from last month. The cryptocurrency's price is $0.48, down 6.61% in seven days, according to CoinMarketCap.
Trading volume is rising for XRP despite its dismal performance. XRP's 24-hour trading volume has increased 80.02%, indicating continued demand from crypto traders and investors.
