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CoinGape 2025-03-03 05:31:31

Analyst Reveals XRP Price Rally To $70, Here’s The Timeline

XRP price has surged nearly 25% in the daily timeframe, indicating renewed market confidence towards Ripple’s asset. One of the primary catalysts for the current surge is likely US President Donald Trump’s recent hint towards a US XRP Reserve. However, amid this, a top market pundit predicts the asset’s value to soar past the $70 mark with a potential timeline. XRP Price Soars 25% As US Crypto Reserve Gains Momentum XRP price jumped nearly 25% today and exchanged hands at $2.79, while its one-day trading volume skyrocketed $19.09 billion. Notably, the crypto has touched a 24-hour high and low of $2.97 and $2.23, respectively. Furthermore, XRP Futures Open Interest rose about 40% to $4.33 billion, its highest level since early February, indicating the regaining confidence of the traders. Meanwhile, the rally comes against the backdrop of the latest US Crypto Reserve comment by Donald Trump . Notably, the social media war between the Bitcoin and Ripple community has recently gained traction, especially amid rumors of XRP Reserve in the US instead of only BTC-focused Reserve. However, Trump said in his Truth Social platform that the US is considering adding XRP, ADA, and SOL to the US Crypto Reserve alongside Bitcoin and Ethereum. So, what lies ahead for Ripple’s native asset? Here we cover how bullish the experts are on the future trajectory of the coin. Ripple Coin Targets $70 Rally, Here’s When In a recent X post, renowned market expert Dark Defender has made a bold prediction for XRP price ahead, setting a short-midterm target of $77.7. In a recent X post, Dark Defender outlined a possible scenario where the crypto could extend toward $18 “with the third wave”. The expert identified key supports at $2.60 and $2.77, and resistances at $5.85, $8.03, and $18.22. According to Dark Defender’s analysis, XRP could reach the $77.7 mark by 2027, as indicated in a shared price chart. Meanwhile, this prediction has generated significant interest among cryptocurrency enthusiasts, who are eagerly watching the asset’s price movements. While market predictions can be uncertain, Dark Defender’s expertise and track record make this forecast worth considering. Source: Dark Defender, X Levels To Watch For Short-term Echoing bullish sentiments, other market experts also remained bullish on the future trajectory of the coin. For context, in a recent analysis CasiTrades said that if the XRP price holds the $2.92 support, it is likely to continue its rally ahead to a new high. Source: CasiTrades, X Simultaneously, another expert Rose Premium Signals also echoed a similar sentiment. According to the expert, the next targets for Ripple’s coin sit at $3, $4.2, and finally $5. Having said that, if the XRP price breaks past the initial two targets, it could rally to $5 in the near term. Source: Rose Premium Signals, X Besides, the market trends also indicate a bullish market sentiment that is currently hovering. For context, renowned market expert Ali Martinez highlighted the massive buying pressure from the XRP whales recently. In a recent X post, Martinez said that large investors have purchased 270 million coins over the weekend. Source: Ali Martinez, X On the other hand, soaring bets toward a likely dismissal of the Ripple Vs SEC case have further boosted market sentiment. However, it’s worth noting that an expert has recently refuted claims over the Ripple SEC case’s impact on the crypto’s price ahead. The post Analyst Reveals XRP Price Rally To $70, Here’s The Timeline appeared first on CoinGape .

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