XRP experienced a remarkable price surge between November 2024 and January 2025, prompting discussions on whether such growth could happen again in the current market cycle. During these three months, XRP rose from $0.50 in early November to a peak of $3.40 in January, representing a cumulative increase of 580%. This movement marked one of XRP’s most significant rallies in recent years and positioned the asset as one of the top performers during that cycle. The rally began shortly after the results of the U.S. presidential election , which led to renewed investor confidence and a bullish sentiment across the cryptocurrency sector. XRP, which had faced downward pressure throughout much of 2024, rebounded sharply in November with a 283% monthly gain. It continued its upward trend with more modest increases in December before reaching its local high in January 2025. Price Movement Since the Rally and Market Sentiment Since reaching the $3.40 mark, XRP has experienced a correction and currently trades below $3. However, it continues to hold key support around the $2 level. Although the broader market has cooled significantly since the early 2025 rally, XRP has managed to retain a relatively strong position compared to other assets in its class. This price stability has led to renewed bullish projections. Some analysts believe XRP is well-positioned for another significant run, particularly if favourable market conditions return. According to Rob Cunningham , a well-known community researcher, XRP could realistically climb into the $5 to $15 range within the short term. Another market analyst, who specializes in Elliott Wave theory, recently projected a breakout toward the $10 mark. What Would a Repeat of the 580% Surge Look Like? The idea of XRP repeating its previous 580% rise has become a topic of interest among market participants. At the time of writing, the token trades around $2.33. If the asset were to increase by 580% from this level, it would reach approximately $15.90. This figure aligns closely with earlier forecasts from both Cunningham and other analysts. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Historical projections also support the possibility of XRP reaching these levels. In October 2024, just before the initial rally, analysts such as Lud predicted XRP could hit $16, referencing historical trends. Similarly, analyst EGRAG Crypto cited statistical modeling to suggest XRP could target $9.30 and even $16 in a bullish scenario. Long-Term Forecasts Remain Mixed While some short-term projections are optimistic, long-term forecasts vary. Analysts at Changelly , a cryptocurrency exchange platform, estimate that XRP may not reach the $16 mark until 2029. In contrast, researchers at Telegaon suggest a more accelerated timeline, predicting that the $16 price point could be achieved as early as 2027. XRP has demonstrated the ability to produce substantial gains within a short timeframe, as seen in its previous 580% rally. Although current market conditions are more restrained, several analysts remain confident that the token could approach or exceed its prior highs if another bullish cycle takes hold. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Likely Price If It Repeats Previous 580% Rally appeared first on Times Tabloid .
