How high will XRP go? Ripple token price appears primed for an “explosive” rally – DL News

Ripple’s XRP is on the verge of breaking its 2018 all-time high.

This is the case, according to crypto observers, that the price of the digital asset will not stop rising after becoming the third most valuable cryptocurrency after Bitcoin and Ether.

It now has a total market value of $144 billion.

Arthur Azizov, CEO of crypto payments provider B2BInPay, said DL News that the digital asset issued by Ripple will break the price record of $3.4 before the end of the year.

“In the first half of 2025, the price may be between $5 and $7,” he said.

Other analysts have come to a similar conclusion after noting several key factors behind the rally.

These include Donald Trump’s election victory and the impending departure of Securities and Exchange Commission Chairman Gary Gensler.

Both are believed to be signs of incoming crypto-friendly regulations; Investors are increasingly turning to altcoins; and the prospect of an XRP exchange-traded fund.

“Explosive”

Due to the general crypto winter and the protracted legal battle with the SEC, XRP has struggled to break the $1 barrier over the past three years. The regulator sued Ripple Labs and some of its leadership in 2020, alleging the company conducted an unregistered securities offering. The case is not yet closed.

But the 900 days may have set the stage for a massive rally, Azizov told DL News.

“Such long accumulation periods often serve as the basis for explosive rallies,” he said.

Experienced trader Peter Brandt also predicted a significant price rally for XRP in 2025.

Brandt updated his previous XRP analysis to show that the asset has broken out of its “massive spiral” during its recent price surge.

A coil describes an asset that trades sideways over a narrow range of significant time.

Raoul Pal, CEO of research firm Global Macro Investor, called XRP’s price chart “looking good” in a Monday post on X.

The former Goldman Sachs executive said XRP is in the “banana zone” – a term he coined to describe when an asset is primed for a massive price rise.

Issue

Of course, concerns remain.

Skeptics say the surge does not resemble a normal market price rally and has the characteristics of a pump-and-dump effect.

They note that XRP’s market size has peaked, although the current price is still below its seven-year all-time high.

This is because the XRP supply has increased over the years due to multiple token unlocks by Ripple.

Still, XRP proponents say several fundamental market factors determine the price.

“There is a lot of talk about large companies wanting to launch XRP ETFs, with big players like WisdomTree just filing yesterday,” Azizov said. “If SEC regulations are relaxed, these ETFs could come to market by 2025, which could also open the door for an IPO.”

Osato Avan Nomayo is our Nigeria-based DeFi correspondent. He covers DeFi and technology. To share tips or story information, please contact him at [email protected].