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Crypto Potato 2025-01-07 12:46:55

Top Ripple (XRP) Price Predictions as of Late

TL;DR XRP gained 20% in a week, with analysts predicting a rise to $3.70 or even $9.50 if key resistances are broken. Trump’s return as US president and pro-crypto SEC leadership could favor Ripple’s lawsuit, reducing regulatory uncertainty for XRP and potentially triggering upward pressure for the price. Is XRP Gearing up for a Breakout? The cryptocurrency market has experienced a substantial revival since the start of 2025, with numerous leading digital assets charting impressive gains. Ripple’s XRP is among the best performers, witnessing a price increase of almost 20% in the past week. XRP Price, Source: CoinGecko According to many analysts, the asset has much more room for growth. Captain Faibik told his more than 100,000 followers on X that XRP might be on the verge of a “bullish flag breakout” on the daily timeframe chart. They expect a 50% pump to as high as $3.70 should the price surpasses its current resistance of around $2.45 . For their part, CRYPTOWZRD highlighted the XRP/ETH trading pair to predict that Ripple’s native token could experience explosive growth. The analyst went even further, suggesting that a new all-time high of $4 per coin seems “inevitable.” Veteran trader Peter Brandt also gave his two cents. He believes XRP’s market cap could skyrocket above $500 billion in the near future, citing the formation of a “half-mast flag.” The token’s current capitalization stands at less than $150 billion, while a rise to the depicted target would result in a price rally to nearly $9.50. A month ago, Brandt maintained that XRP has “the most powerful chart in all of crypto world.” His latest bullish stance on Ripple’s native token contrasts with his predominant skepticism expressed in the past. XRP to Thrive During Trump’s Reign? Donald Trump’s victory in the US presidential elections caused huge enthusiasm across the XRP army. After all , he made several pro-crypto promises, such as the pledge to fire the SEC’s Chairman Gary Gensler on day 1 after assuming office . The agency’s leader is considered a big enemy of the cryptocurrency sector. During his tenure, the securities regulator filed countless lawsuits against crypto businesses, including the well-known case against Ripple. Gensler decided to vacate his post voluntarily and will officially step down on January 20 . His successor will be Trump’s nominee, Paul Atkins, who is generally considered an advocate of the cryptocurrency industry. The XRP army expects the Commission’s upcoming leadership to take a less hostile stance toward the digital asset sector and push the case against Ripple to a favorable resolution soon. Settling the lawsuit could remove much of the regulatory uncertainty surrounding XRP and potentially increase the interest among investors . However, the legal proceedings remain quite complex, meaning the case could be dragged for a few more years even with the SEC’s new leader. The post Top Ripple (XRP) Price Predictions as of Late appeared first on CryptoPotato .

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