Ripple’s native token, XRP, finally cracked the $2 mark for the first time since 2018 — a long time coming! With an unholy 250% price increase this year, XRP is exceeding expectations in the crypto community. As of writing, it’s exchanging at $2.21 with a big-time 24-hour trading volume of $8.69 billion and a market cap of $126.74 billion. Ripple also commands a respectable 3.73% of the market. Over the past 24 hours, the price updived by 1.36%, and with the Fear & Greed Index showing a strong 74 (Greed), it seems like investors are still feeling bold.
Source: Coinmarketcap XRP is Enjoying Boosts from Recent Developments in the Industry
A few key events have been fueling XRP’s rocket ride. The big one is SEC Chair Gary Gensler stepping down in January, 2025. Add to that the potential dismissal of the SEC vs. Ripple appeal and the launch of Ripple’s very own stablecoin, RLUSD. And let’s not forget whispers of an XRP ETF filing in 2025. With all this action, some are thinkering: could XRP hit a new all-time high (ATH)? Stranger things have happened.
Right now, XRP holds the #3 spot among Layer 1 cryptocurrencies, with 57.25 billion tokens circulating out of a maximum supply of 100 billion. A 5.89% annual inflation rate means 3.18 billion new tokens hit the market last year—so yeah, supply’s still growing. Despite that, XRP has crushed its competition, skyrocketing 247% in the past year and outperforming 87% of the top 100 crypto assets, including Bitcoin and Ethereum. It’s even comfortably above its 200-day simple moving average, which traders see as a solid bullish signal.
XRPUSD price live chart. Source: TradingView Present Figures Put Ripple at a Vantage Point
Let’s talk recent stats. XRP had 18 green days in the last month—60% of the time, it was climbing. In dollar terms, it’s up 56.1% over the past month, with even bigger gains against Ethereum (56.17%) and Bitcoin (50.63%). But here’s where it gets interesting: its RSI (Relative Strength Index) sits at 49.83, a neutral position. It’s like XRP is waiting to make its next big move—up or down.
Looking ahead, analysts predict a short-term dip to $2.14 by late January 2025, but don’t panic just yet. On the bright side, XRP could seize $2.28 in the next five days, marking a modest 3.13% bump. By the end of December 2024, it’s expected to trade between $2.07 and $2.28, with an average of $2.15. Not exactly mooning, but a steady 3.15% return isn’t bad in this market.
Turning to 2025, XRP May Be Gearing Up for a Fresh ATH
Now, for the big picture. If Ripple’s legal drama with the SEC wraps up as expected and adoption in cross-border payments continues to grow, XRP could smash its previous ATH, potentially reaching $3.99 in 2025. That’s the rosy scenario. The downside? A global economic shake-up could drag XRP to a low of $2.15, with an average around $3. Still, not terrible.
XRP’s performance is also tied to some interesting correlations. It’s been motorcading in sync with StarkNet (STRK), Cardano (ADA), Cosmos (ATOM), and Worldcoin (WLD), but has a more complicated relationship with assets like FTX Token (FTT) and GateToken (GT). On the technical side, XRP’s 200-day SMA is expected to rise to $1.10 next month, with the 50-day SMA hitting $2.25. That’s more support for the bulls.
Long story short, XRP seems to be holding steady with 17 bullish technical indicators versus 12 bearish ones. Combine that with its low fees, fast transactions, and potential as a remittance powerhouse, and it looks like XRP’s not done making waves just yet. 2025 could be the year it surprises us all—or at least keeps us guessing.
FAQs
Q1: Why is XRP’s price surging in 2024?
XRP clinched $2 due to a 250% price increase armed by SEC Chair Gary Gensler’s exit, the Ripple vs. SEC case developments, and the launch of RLUSD.
Q2: What’s the outlook for XRP in 2025?
XRP could tease $3.99 if bullish trends continue, but in a worst-case scenario, it might stabilize around $2.15.
Q3: Is now a good time to buy XRP?
With 17 bullish indicators, steady growth, and key hurdles in view, analysts suggest it might be a good time to buy.
The post Ripple (XRP) Price Prediction, Dec. 27, and 2025: XRP Set to Explode in 2025 After 250% Surge This Year! appeared first on Coinfomania.
