Date: December 17, 2024
Written By: Sam Wisdom Raphael
Crypto analyst CryptoInsightUK has shared a bullish outlook for XRP, forecasting a significant price rally by Christmas.
---
Current Market Overview
$XRP is currently trading at $2.67, with a modest increase of 012% over the past 24 hours. The token has shown steady upward momentum
---
Community Sentiment
To gauge market sentiment, CryptoInsightUK conducted a poll on X (formerly Twitter), asking participants where they think XRP’s price will land by December 25. Here are the results from over 2,500 respondents:
- 38% expect XRP to trade between $1.80 and $2.50.
- 31% predict a price range of $2.50 to $3.50.
- 25% believe XRP could exceed $3.50.
- 6% foresee a drop below $1.80.
This means an overwhelming 94% of voters remain bullish, expecting XRP to stay above the $1.80 mark or rise even further.
---
Analyst Predictions 🔍
CryptoInsightUK projects that XRP could rally to $3 before Christmas and possibly push toward $4 during the New Year celebrations.
> "I see $3 as a base case before the year ends, with a realistic shot at double digits by early 2025."
Similarly, analyst BobbyA predicts XRP could hit a range of $2.75 to $3.25 by Christmas. However, he warns of a potential sell-off after this peak, possibly pulling prices back temporarily before a recovery to $5–$8 in early 2025.
---
Looking Back & Ahead
Last Christmas, on December 25, 2023, XRP traded at $0.50. Achieving $3 this year would represent a 500% surge within 12 months.
For XRP to hit $3.50, it would need to rise by another 87% from its current value. While ambitious, analysts believe the token’s momentum, coupled with improving market sentiment, could make these targets attainable.
Will XRP deliver a holiday surprise? With bullish predictions dominating the narrative, all eyes are on the charts this festive season. 🎄
