XRP Price Breaks 8-Year Downtrend, Targets $14

XRP has surged 12% in the last 24 hours, bringing its total gains since November 2024 to 466%. With a current price of $2.89, analysts believe XRP could reach double-digit levels in 2025.

XRP/BTC Breaks Multi-Year Resistance

For the first time since 2017, XRP has outperformed Bitcoin, breaking a descending trendline on the XRP/BTC pair.

On Jan. 12, the pair closed at 0.000026 BTC, the highest weekly close since October 2022. Analysts predict XRP could revisit its 2017 all-time high ratio of 0.000245 BTC.

XRP analyst Steph Is Crypto expects XRP to outperform Bitcoin by over 500% in the coming months, citing a market fractal resembling XRP’s 2017 bull run.

Growing XRP Adoption

XRP’s ecosystem has seen growth, with over 58,000 new holders added since the start of 2025, according to Santiment. This increase indicates long-term confidence in the project.

Bullish Patterns and Price Targets

XRP recently broke out of a bullish pennant, signaling a short-term target of $3.70. Some analysts project even higher gains, with potential all-time highs above $14.

Trader Steph Is Crypto notes that XRP’s current price action aligns with a larger bull flag pattern that could trigger a 390% rally.

Potential Catalysts

The upcoming U.S. presidential inauguration on Jan. 20 and possible approval of spot XRP ETFs could further fuel demand. JPMorgan estimates such approval could bring $4 billion to $8 billion in new investments.

With strong technicals, growing adoption, and potential regulatory catalysts, XRP is poised for significant growth in 2025.