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Crypto Potato 2025-01-09 17:33:36

Top Ripple (XRP) Price Predictions Following the Recent Market Crash

Top Ripple (XRP) Price Predictions Following the Recent Market Crash

TL;DR Analysts project XRP could hit new highs, with forecasts ranging from $4 to $9. However, one market observer envisioned a double-digit crash if the price fails to close above $4 by March 10. New ATH Soon? Ripple’s XRP started 2025 on the right foot, with its price surging to almost $2.50 on January 4. However, the decline witnessed across the broader crypto market in the past few days put the brakes on the rally. XRP briefly plummeted to as low as $2.23 on January 7 and is currently worth approximately $2.27 (per CoinGecko’s data). XRP Price, Source: CoinGecko Nonetheless, many analysts who regularly observe the token’s price performance think a fresh resurgence could be in the cards. For example, the X user with almost 400,000 followers – Crypto Bitlord – urged people to invest in XRP, describing it as “the safest asset in all of crypto.” The Great Matsby also weighed in, expecting the valuation to hit a new all-time high of $9 in the near future . “XRP is so damn bullish that it’s one of the last coins that hasn’t even touched the daily Ichimoku cloud yet,” they said. The daily Ichimoku cloud is a technical analysis tool that helps traders identify trends, potential reversals, and support/resistance levels. It combines several components, including ongoing market trends, momentum, and future projections. Other industry participants chipping in as of late are CRYPTOWZRD and the veteran trader Peter Brandt. The former believes XRP’s pump to $4 is “inevitable,” while the latter suggested that the asset’s market capitalization could surpass a whopping $500 billion. Meanwhile, the XRP army recently got hyped following the meeting between the newly elected US president – Donald Trump – and two of Ripple’s bosses – Brad Garlinghouse and Stuart Alderoty. What the men discussed during dinner remains unknown, but the crypto community was quick to give some interesting suggestions. Some of the speculations include the potential growth of Ripple and the further development of the local cryptocurrency sector. Something for the Bears While the overall sentiment surrounding XRP is quite optimistic, there are some market observers who foresee a potential crash. One person to outline such a thesis is the X user EGRAG CRYPTO. The analyst (who usually makes bullish price predictions for Ripple’s native token) recently opined that it should “finish above $4 with strong confirmation on the weekly chart.” This needs to happen before March 10 , or otherwise , the token might collapse by over 70%. The X user based their forecast on the Lunar eclipse , which is scheduled for that period. EGRAG CRYPTO claimed that the phenomenon has been followed by a crypto market correction in the past. It is worth mentioning that there is no economic basis to suggest that the next Lunar eclipse can cause fluctuations in the sector. The post Top Ripple (XRP) Price Predictions Following the Recent Market Crash appeared first on CryptoPotato .

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