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Home » Crypto Analyst Reveals When The XRP Price Will Reach $25 Its Not Far Off

Crypto Analyst Reveals When The XRP Price Will Reach $25 Its Not Far Off

NewsBTC by NewsBTC
8 months ago
0 0

The XRP price crossing the $10 mark into the double-digit territory remains a widespread school of thought, and crypto analysts have, at different points, shared analyses that seem to support this notion. Most especially, since the XRP price broke the $3 mark and is now holding support above $2, it has given fuel to these expectations. One crypto analyst takes it a step further by giving a close timeline for when XRP could break above $20. 4 Reasons Why The XRP Price Could Rally Crypto analyst and XRP advocate, Diana on X (formerly Twitter), put forward a total of five different reasons why they believe that the XRP price is headed for double digits. These range from broader market moves to more specific developments to XRP. Related Reading: Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level The first of these reasons is the historical performance and technical analysis. The crypto analyst points to the rally in 2024 that saw the XRP price cross $3 for the first time since 2017. Currently, the altcoin is seeing a consolidation after a price crash, but continues to hold above the Ichimoku support. If the XRP price repeats the rally from 2024, then a 600% rally to $17.50 could be on the horizon. Another reason why the XRP price could explode is the Ripple versus the Securities and Exchange Commission’s battle coming to an end. Once this is resolved, the analyst believes the regulatory clarity it brings would give institutions insight to buy into the altcoin. Next is the high number of XRP ETFs that have been filed so far. Pointing to the performance of Bitcoin and Ethereum after their respective ETFs were approved, the XRP price could see a similar rise in price. Moving toward adoption, the ISO 20022 and the Fedwire adoption is another catalyst revealed by Diana. It is possible that the Fedwire could see XRP embedded in global banking rails, bringing newfound utility that could trigger another XRP price rally. Timeline To Reach $20-$25 As for when the XRP price could climb above $20, the crypto analyst believes that this could happen as early as January 2026. Using the fundamentals, she points to a 600% post-ETF rally similar to that of Bitcoin, which would mean that from here, it would take it to $17.50. But a 1,000% rally could possibly take it as high as $27.50. Related Reading: Bearish Case For Bitcoin: Analyst Warns Falling Wedge Is A Whale Trap That Could Drag Price To $67k For the three possible scenarios, the crypto analyst predicts a 300% rally to $10 as a conservative target. Then a 500% rally to $17.50 as a base target. Finally, a 1,000% rally to $27.50 as an aggressive target. However, in all of this, the crypto analyst says the XRP price must break $3.40 for another rally to take place. Featured image from Dall.E, chart from Tradingbview.com

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