XRP has taken over the trends as 2024 comes to an end. The Ripple-backed cryptocurrency continues to exhibit tremendous movement that has sent excitement across its loyal community. The coin recently broke past its 2021 high of $1.97 to reach $2 for the first time in over six years.
Consequently, XRP now positions as the third-largest cryptocurrency by market cap, unseating Dogeoin (DOGE), Solana (SOL), BNB, and Tether USDT. Amid the surge, several prominent analysts have dropped their predictions for 2025.
XRP to Witness Parabolic Surge
Popular crypto analyst and developer, JackTheRippler, shared his recent XRP analysis on his X account. According to him, XRP is poised to experience a parabolic surge as early as next year. He noted that this surge would result in 3 digits, notably $271.
His chart compares XRP’s present movement using historic patterns. It can be seen that XRP consolidated between 2014 and 2017 before breaking out to its all-time high of $3.4 in January 2018.
Source: X
A similar consolidation pattern has been observed from 2018 to date, hence JackTheRippler’s prediction of a breakout in 2025. This bullish forecast is a testament to the growing confidence in the XRP community.
Meanwhile, Egrag Crypto, another notable analyst, dropped his XRP prediction for December and January. His analysis points to an $18 peak for XRP before the year ends, and then a 3-digit of $150 by January 2025.
However, he noted that this prediction would only happen if the bullish momentum continued and if other factors, including regulatory and economic favored the coin.
Major factors that could contribute to a bull run in 2025 include a favorable settlement in the Ripple vs SEC case, Ripple’s RLUSD stablecoin launch, and a pro-crypto administration, led by Donald Trump, taking over in January.
XRP Community Reacts
JackTheRippler’s prediction quickly resonated with the XRP community even though it may seem overreached. One user, Ivelin, noted that XRP jumped to its all-time high in 2018 when it had no real utility and that the case would be different in 2025.
Yes, but in 2017 there was no real utility. In 2025 everyone will use XRP, so it's going even higher than 271$.
— Ivelin (@ivelin_tenev00) December 1, 2024
He emphasized that “everyone will use XRP” in 2025, so it will most likely exceed JackTheRippler’s prediction of $271. This confidence stems from Ripple’s technology and XRP’s utility for fast and cheap cross-border payments.
Global companies have previously shied away from XRP because of its unclear regulatory status. However, with the resignation of Gary Gensler and a new pro-crypto chairman taking over, the underlying issue of XRP transaction classification may become clearer, leading to a wider adoption.
Meanwhile, XRP surged by 14.7% in the last 24 hours to trade at $2.73 at the time of writing. Additionally, its one-day trading volume jumped by 48% to $44 billion.
The post Crypto Expert Predicts XRP Parabolic Surge to 3 Digits Soon, See Chart appeared first on Coinfomania.
