$XRP P Price Prediction: Expert Reveals How Ripple Can Hit $500B Market Cap

Highlights

With a 470% surge, analysts predicts XRP's price rally to $8.7 and a $500B market cap.

The formation of half mast bull flag indicates an XRP price rally, but a delay could lead to a crash to $0.48 and $28B market cap.

The Rising OI could also play a role, as investor interest leads the bulls.

After a splendid performance over the last few weeks and the Ripple token hitting a 7-year high, holders await further rallies. However, the current consolidation seems concerning to some, but analysts see further bullishness. More importantly, they claim that the XRP price must move higher to maintain its bullishness and achieve the target of $8.7 with a market cap of $500B. Let’s discuss how this can happen.

Bullish Signals Hint XRP Price Likely to Rally Soon

The XRP price has surged nearly 370% in the last two months, thanks to Trump’s win and its influence on the crypto market. XRP is currently trading at $2.42 and has a market capitalization of $139B. Interestingly, XRP is the third-biggest cryptocurrency in the market after its recent bullish performance and Europe’s implementation of the Tether ban. This has happened despite the Ripple token’s consolidation and current setbacks, but analysts believe more will likely come.