Amid recent market gains and bullish sentiment, veteran analyst Ash Crypto forecasts that XRP could potentially see a nine-fold surge in price over the coming year. On Monday, XRP exhibited a notable 4.3% increase, climbing from $0.5284 to reach $0.5511, which represents a new two-week high. This upward movement comes as a welcome rebound from the SEC-related selling pressure that had pushed its value down to $0.51 in early October. However, as of Tuesday, XRP is undergoing a correction from the previous day’s uptrend, experiencing a slight pullback that has led to a retest of the $0.5353 mark, its current level as of this writing. The temporary rally observed on Monday has spurred some market observers to set optimistic price targets for XRP within a six-month to one-year timeframe. This report is sourced from the insightful content provided by BTCC’s Crypto Academy.
- What Will Be XRP’s Price in the Next 6-12 Months?
- What Are the Price Targets for Other Crypto Assets in the Next 6 to 12 Months?
- Will XRPBTC Be a Top Performer in 2025? InvestingHaven’s Forecast Reveals
What Will Be XRP’s Price in the Next 6-12 Months?
With over a decade of experience, crypto analyst Ash Crypto took to social media on Monday, sharing his projections for 13 leading crypto assets, XRP among them. He forecasts XRP to trade between $3 and $5 by next year, indicating a potential 460%-834% appreciation from current prices. This translates to a significant 5X to almost 9X return on investment for today’s investors. Moreover, Ash Crypto predicts a range of $125,000 to $250,000 for Bitcoin within the same 6-12 month period. If Bitcoin hits the $250,000 mark, representing a 3X gain, he sees XRP also reaching new highs, as $5 would exceed its previous all-time high of $3.84. These projections are sure to excite the crypto community, especially Ash Crypto’s 1.2 million followers, who are eager to see how these assets will perform in the coming months.
Crypto trader Myles G recently issued a buy alert for XRP, encouraging investors to purchase the coin without fear of stop-loss orders. He sees profit potential between $1.10 and $2.84 in the short term. This bullish sentiment echoes Ash Crypto’s prediction that XRP could reach $3 by March 2025, though Myles is even more optimistic, boldly predicting the same price point by Christmas this year. The market is buzzing with excitement as pundits weigh in on XRP’s future value.
What Are the Price Targets for Other Crypto Assets in the Next 6 to 12 Months?
Ash Crypto’s list spotlights several prominent crypto tokens, including Ethereum, BNB, Solana, and Dogecoin, with bullish predictions for their future prices. According to the analyst, Ethereum could reach up to $15,000 by next year, while BNB is projected to trade within a range of $900 to $1,400. Solana and Dogecoin, on the other hand, are anticipated to peak at $650 and $1, respectively. However, it’s important to note that this content is purely informational and doesn’t constitute financial advice. The views expressed here may reflect the author’s personal opinions and shouldn’t be taken as The Crypto Basic’s official stance. Readers are strongly encouraged to conduct their own research before making any investment decisions, as The Crypto Basic bears no responsibility for any potential financial losses.
Will XRPBTC Be a Top Performer in 2025? InvestingHaven’s Forecast Reveals
For XRP investors, the most crucial chart to watch is XRPBTC, which remains surprisingly underexposed, almost like the best-kept secret among the community. This chart has bounced back strongly at secular support, indicating solid ground for XRP priced in BTC. Historically, whenever XRP dipped below .00001 BTC, it marked the end of its downtrend and preceded an impressive rally. Therefore, XRPBTC serves as a key confirmation for our bullish outlook on XRP, as it reinforces the support level around .00001. Although XRP hasn’t hit its higher targets yet, its relative strength chart reveals that it’s poised for a significant upward move, waiting for the optimal conditions to arise. Once XRP breaks through the $0.625 mark, it’ll be a euphoric moment, with a breakout stronger than any AI prediction. This milestone is expected to be reached by no later than the first quarter of 2025, marking a new era for XRP investors.