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XRP is currently trading near $2 after bouncing back from $1.61, with many traders viewing this as a setup for its next significant move.
The Ripple vs. SEC battle is over, and with a pro-crypto SEC boss now in place, XRP’s path seems clearer, making it a more appealing asset. Back in January, XRP reached a high of $3.39, but the recent dip feels more like a reset than a full retreat.
With IPO plans and XRP ETF filings generating bullish momentum, some analysts are still forecasting a potential dip, suggesting that for investors, this could be an opportunity to buy low before the next wave begins.
XRP Price Prediction: What Next?
According to market veteran Peter Brandt, there may be limited upside from the current price levels. He recently shared a chart predicting that XRP could end the year between $1.02 and $2, signaling potential stagnation.
Brandt is observing a head and shoulders pattern on XRP’s chart, and if the asset fails to hold above the $2 level, he believes a drop toward $1 could be in play. While this prediction may seem conservative, it’s based on classic chart analysis rather than market hype.
On the flip side, Standard Chartered, a major global bank, has issued an XRP price prediction of $5.50 by the end of 2025, with the possibility of it climbing even higher to $12.50 by 2028.
Meanwhile, crypto veteran Davinci Jeremie remains highly bullish, suggesting that XRP could even surge to $24 this year, pointing to support potentially coming from within the government.
Also Read : Is Ethereum About to Crash? Peter Brandt Predicts Price Drop to $800 ,
When Will XRP Price Surge to $5?
The overall crypto market remains in a wait-and-watch phase, with many altcoins, including XRP, moving sideways after a strong start to the year. According to Dark Defender, a respected crypto analyst, XRP is nearing the end of its months-long consolidation phase, with bulls defending the $2 level.
Dark Defender believes this is the final stage before a potential breakout. Using a 5-wave pattern, the analyst predicts XRP could rally to $5.85 in the coming months, potentially achieving a fresh all-time high once Wave 5 kicks in. While the mood is cautious, the optimism is palpable as traders watch for a breakout.
XRP News: Overcoming Ethereum in Market Cap
In the latest XRP news, crypto analyst EDO Farina reported that XRP has officially overtaken Ethereum in Fully Diluted Market Cap, with XRP now valued at $208.4B compared to Ethereum’s $192.5B. Farina highlights that XRP has outperformed Ethereum for over six months, suggesting that the much-discussed “flippening” may already be in motion.
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