Will XRP price reach $10 in the next 3 months?
XRP price has continued its steep decline for the past 24 hours, settling at around $2.2. Analysts are concerned that XRP price could soon reach new highs, with some predicting it could reach $10 or higher. Crypto researcher Cryptoinsightuk discussed social media platform X and suggested a plan for XRP to reach this ambitious target.
XRP Price Pattern Reversal 2017
Cryptoinsightuk has shown how XRP’s price correction and recovery matches the behavior of 2017. In early 2017, XRP consolidated before a strong rally in 2018.
In light of XRP’s breakout in early October, Cryptoinsightuk’s technical analysis has adjusted the price action to volume. If XRP follows the 2017 trend, this massive surge could be repeated in 2025.
Interestingly, the analyst’s analysis of the price action in 2017 revealed that XRP’s 460% price breakout from its early October range at $0.5 is halfway to reestablishing this trend. The expert predicts that XRP will break $10 in the first quarter of 2025 if this continues.
Cryptoinsightuk expects XRP to surpass $10 in Q1 2025. If XRP maintains its historical trajectory after Q1, the analyst sees a “moon boy explosion peak.” By Q3 or Q4 2025, XRP could reach $35 due to the parabolic price rise at this point.
XRP needs to recreate its 2017 high for CryptoinsightUK to be positive. The parabolic rally took XRP from $0.0060 to $3.40, its all-time high. Calculating this gives a 56,000% increase over 12 months.
XRP seems optimistic about continuing its upward trend, although market conditions in 2024 are different from 2017. Reaching $10 or $35 now would require much larger inflows than reaching $3.4 in 2018.
Given the institutional participation and political and regulatory optimism in 2025, the price of XRP may rise similarly. The expected price rise of XRP may also be influenced by developments in the cryptocurrency market such as Bitcoin.
