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3 Reasons XRP Could Skyrocket as Analyst Eyes $693 Billion Target

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By Aggregated - see source on April 9, 2025 Crypto News
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  • Ripple’s $1.25B acquisition of Hidden Road could elevate XRP’s role in bridging traditional and digital finance.

  • Despite recent price drops, technical patterns and institutional moves suggest a strong rebound potential for XRP.


According to some recent updates, a bullish trajectory for XRP has been projected, anticipating the cryptocurrency could reach $5.5 by the end of this year and potentially climb to $12.5 by 2028. Such an increase would catapult XRP’s market capitalization to approximately $693 billion, a significant leap from its current standing.

Previously, Crypto News Flash (CNF) revealed that analysts predict XRP could hit $8 by late 2025, driven by bullish technicals, ETF hopes, and regulatory clarity. In this article, we explore 3 reasons XRP could skyrocket as an analyst eyes a $693 billion target:

Ripple’s Strategic Acquisition of Hidden Road

As noted in Standard Chartered’s analysis, XRP has recently been at the forefront of the crypto market, capturing investor and analyst attention. Despite experiencing a significant price drop of over 40% from its January peak, several factors suggest a potential for substantial growth in the near future.

As shared in a recent tweet by Nietzbux, Ripple now owns a top custody platform and prime brokerage, in addition to its payment solutions. These aren’t partnerships—they’re acquisitions.

These aren’t “partnerships” – these are acquisitions.

Ripple owns a top custody platform, they now own a prime brokerage, they already do payments.

There’s a new financial world being built, and Ripple will own its essential pieces and tie them together with XRPL and $XRP

— nietzbux (@nietzbux) April 8, 2025

In a strategic move to strengthen its foothold in financial services, Ripple Labs announced the acquisition of prime brokerage firm Hidden Road for $1.25 billion. This acquisition enhances Ripple’s capability to deliver comprehensive solutions across traditional and digital asset domains.

Technical Indicators Pointing to a Rebound

From a technical analysis standpoint, XRP has shown resilience, consistently holding above its 100-week moving average—an indicator of long-term bullish momentum.

The formation of a doji candlestick suggests potential for reversal, while XRP’s retest of key support levels (notably the upper boundary of the 2021–2024 cup and handle pattern) reinforces expectations of a bullish rebound.

Current Market Performance

While XRP has faced recent price challenges, a confluence of optimistic institutional forecasts, strategic corporate acquisitions, and positive technical signals indicates a promising outlook.

For example, CNF recently reported a 12% XRP rally triggered by Bitcoin’s rise amid China’s tariffs. Despite global trade tensions, XRP and Bitcoin have shown notable resilience, outperforming major indices like the S&P 500 and Nasdaq Composite, both of which have fallen approximately 11% since early April.

As of now, XRP is trading at $1.74 USD, reflecting a 7.11% decline over the past day and a 17.44% decline over the past week. See the XRP price chart below.



Credit: Source link

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