Ripple (XRP) continues to make waves in the cryptocurrency market. The token is now forging a new independent path, busy formulating global collaborations to expand its dominions. XRP is also awaiting approvals on its ETF development, a key element that is poised to help Ripple touch and ace new price highs. Here’s how high XRP may surge by May 20. Will it continue to surprise the market in the near future?
Also Read: Apple (AAPL): Two Reasons Stock May Be On Its Way Back to $250
Ripple Price Analysis: What Are the Experts Saying?
Ripple (XRP) has always been a focused cryptocurrency. Despite the token’s legal encounters with the US SEC, the token never really stopped expanding its base and worked relentlessly in pursuit of revolutionizing the cross-border payments sector. Recently, the Institute of International Finance (IIF) has recognized XRP as a capable alternative to the cross-border payments domain, giving XRP a new fame quotient to bank on.
In this January consultation with the BIS, the The Institute of International Finance (IIF) responded how to bolster crossborder payments. The mention #XRP on #Ripple‘s network as an alternative rail. Also mention stablecoins, though #RLUSD was likely too new for consideration. pic.twitter.com/LD9Wk12F5M
— WrathofKahneman (@WKahneman) May 13, 2025
Several leading cryptocurrency experts are also going gaga over Ripple’s major price path ahead. Per Dark Defender, XRP is currently eyeing new price spots of $3 and $5 as its daily price chart displays the token entering its wave 3 formation. At the same time, the expert shared how XRP is swiftly moving towards crossing the coveted $30 price mark.
“Hi all! Our expected scenario on a 3-month time frame is bullish. I recall the scenarios dropping to $1 to $0.70 levels. Well, they now see what is coming. The 3rd wave is on its way. Take your #coffee and enjoy the view while XRP heads towards $36. Targets: $3.33, $5.85. Supports: $2.3620, $2.2222.”
Hi all! Our expected scenario on a 3-month time frame is Bullish.
I recall the scenarios dropping to $1 to $0.70 levels. Well, they now see what is coming.
3rd Wave is on its way
Take your #coffee and enjoy the view,
while XRP heads towards $36.
Targets: $3.33, $5.85… pic.twitter.com/WUL6AMytD4
— Dark Defender (@DefendDark) May 12, 2025
Another noteworthy cryptocurrency analyst, Ali Martinez, has shared a similar analysis. In his latest post on X, Martinez confirmed how XRP is indeed targeting an ambitious price spot, moving towards $15 in the process.
“If the governing pattern behind $XRP is this symmetrical triangle, the target could be $15.”
If the governing pattern behind $XRP is this symmetrical triangle, the target could be $15. pic.twitter.com/zFICoLyu2x
— Ali (@ali_charts) May 11, 2025
Also Read: Alphabet Revenue May Dip by 56%: Can GOOGL Reclaim $200?
XRP Price for May 20, 2025
Per CoinCodex, Ripple may surge to sit at the $2.23 price spot by May 20, 2025.
By the end of the month, or the first week of June, Ripple may drop to explore a new low price spot of $1.81.
“According to our current XRP price prediction, the price of XRP is predicted to drop by -21.15% and reach $ 1.882899 by June 15, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 70 (greed). XRP recorded 13/30 (43%) green days with 6.07% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
Also Read: Tesla (TSLA) Is Up 40% Since Q1 Earnings: Why It May Rise More
Credit: Source link