⭐️ Here Are $XRP Price Predictions for 2025 as XRP Records Highest Ever Yearly Close
XRP has achieved a key milestone with its 2024 close, as analysts anticipate new heights in 2025.
For many in the crypto market, XRP is perhaps the comeback story of 2024. After years of underperforming the broader crypto market, the asset surged in 2024, nearing its all-time high and recording a significant milestone.
In 2024, XRP rose by over 370% from an opening price of $0.61511, briefly trading as high as $2.90550. While the asset could not beat its all-time high price of $3.84 from 2018, it demonstrated considerable strength.
Specifically, XRP closed the year at $2.07924, the first time it has closed above $2 in its history.
The strong momentum comes as many now anticipate that the asset will get greater regulatory clarity soon with the incoming Donald Trump administration, which has committed to establishing a pro-crypto policy.
Already, the president-elect appears to be following through with his campaign promises with several pro-crypto nominations to key offices, including Paul Atkins for the top job of the SEC.
With the turn of the new year, the question becomes whether XRP can build on its 2024 momentum. One analyst has attempted to answer this question using a key statistical indicator.
🔸 #XRP to $27 in 2025?
Prominent crypto analyst EGRAG recently offered key price targets for XRP in 2025 using the Linear Regression Channel indicator. This tool helps identify market trends and overbought/oversold conditions by establishing a mean value from historical time and price data, with channel bounds created at one standard deviation.
Combining this with Fibonacci extensions, EGRAG predicts XRP could reach the upper channel line in Q1 2025, targeting $6.4, aligning with the 1.618 Fibonacci level.
At the same time, he noted that a break above the upper bounds of the channel could send XRP’s price to the $8.5 price point, aligning with the 1.272 level of a second Fibonacci expansion.