Crypto market analyst CryptoInsightUK has shared an optimistic prediction for XRP, suggesting the cryptocurrency could see a significant increase in value by Christmas. The expert's forecast follows a recent poll where he gathered community opinions on XRP’s potential price movement heading into the holiday season.

At present, XRP is trading at $2.51, marking a slight 0.64% increase on the day. The cryptocurrency has been on an upward trajectory since December 15, rising 4.21% as it seeks to break past the crucial $2.40 resistance level.

Community Outlook on XRP's Christmas Price

To gauge sentiment, CryptoInsightUK ran a poll on X, asking his followers to share their price expectations for XRP by December 25. The options included predictions for XRP trading between $2 and $3.30, between $3.30 and $5, or surpassing $5 entirely.

Among the 2,033 respondents, nearly 36% believe XRP will fall within the $2 to $3.30 range by Christmas. Around 30% expect XRP to trade between $3.30 and $5, while 26% forecast the price will surpass $5. Notably, just 8% of respondents predict that XRP could fall below $2.

These bullish sentiments suggest that the majority of participants are optimistic about XRP's price performance, with 92% projecting that the altcoin will hold or rise above the $2 mark by Christmas.

Expert Price Prediction for XRP

After reviewing the poll results, CryptoInsightUK revealed his own price target for XRP. He predicts the cryptocurrency could reach a new all-time high (ATH) of $5 between now and the new year, with the potential for an even more substantial increase in 2025. According to his forecast, XRP could surge into the double digits from January to March.

In a tweet, CryptoInsightUK shared his thoughts:
"I think $5-ish between now and New Year. Then Jan – March, double digits. Could be wrong, but that’s my outlook."

Analyst Insights

Another analyst, BobbyA, weighed in with his own predictions for XRP's price by Christmas. He anticipates XRP could trade between $4.50 and $5.25 by December 25. However, BobbyA also warned of a potential selloff once XRP reaches this level, though he did not provide specific support level projections. Looking further ahead, he expects XRP to rebound to a range between $8 and $13 before possibly surging toward the $20s.

CryptoInsightUK, who had previously forecasted a possible XRP price surge to $8 by Christmas, confirmed that the $8 target remains valid. However, he clarified that his base case for the holiday period is a $5 price point for XRP.

Some market observers, such as Vincent Van Code, are also projecting a price rally to $5, though they believe this could occur in February 2025 rather than before the end of the year.

The Road to $5

As of now, XRP is trading at $2.51, up 4.75% over the past 24 hours. To reach $5, XRP would need to increase by nearly 100%. It's worth noting that last Christmas, XRP was trading at just $0.60, highlighting the significant growth the cryptocurrency has experienced over the past year.

Disclaimer: This article is for informational purposes only and should not be considered financial advice. The views expressed reflect the author's personal opinions and do not represent the views of The Crypto Basic. Readers are encouraged to conduct their own research before making any investment decisions. The Crypto Basic is not responsible for any financial .



#BinanceAirdropsCATandPENGU #MarketNewHype #USUALSpotLaunch #USUALSpotPrediction #BinanceAlpha