XRP, the cryptocurrency tied to Ripple Labs, has seen impressive growth, with a 10.04% gain over the weekend. As it nears $2.6, experts predict further gains, possibly reaching $3 or more.
Chart analyst Peter Brandt sees a bullish breakout for XRP, predicting a price target of $3.4. He now calls XRP “the leader of the pack” after a positive chart pattern emerged.
Whale transactions and increased short-selling activity suggest confidence in XRP’s future. The ongoing Ripple-SEC lawsuit and the possibility of an XRP-based ETF have further boosted market optimism.
XRP’s recent price surge above key trendlines supports the bullish outlook, though experts warn that it must hold above $2.50 for continued growth.
Ripple CEO Brad Garlinghouse’s meeting with President Trump has fueled optimism, and many analysts believe XRP may soon gain mainstream adoption, especially with a potential ETF approval.
With a strong technical outlook and positive legal developments, XRP could see significant gains in 2025, with some analysts projecting a market cap of $502 billion. However, its future depends on maintaining support levels and navigating regulatory challenges.