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CoinGape 2025-01-25 14:31:47

XRP Price Eyes Rally To $5, Top Expert Reveals Potential Timeline

XRP price has continued to make headlines, especially as Ripple faces massive criticism lately from the Bitcoin maxis. However, despite the ongoing controversy, a top market expert reveals a potential timeline for Ripple’s native crypto to hit the brief $5. This prediction has gained notable traction, especially amid rumors over a US XRP Reserve and recent ETF filings from the leading asset managers. Top Expert Predicts Potential XRP Price Rally To $5 Top market analyst EGRAG CRYPTO recently shared a bold forecast for XRP price, which has sparked investors’ optimism. In an X post, the analyst highlighted a “Modulated Bent Fork Analysis,” emphasizing bullish signals in monthly and daily timeframes. Notably, on the monthly chart, the price candle’s partial body is currently above a green trendline, suggesting a strong bullish trend. If XRP maintains this position through January, it could signal further upward momentum. EGRAG predicts potential price targets of $5.1 to $5.4, should the bullish pennant formation break out by early February 2025. Source: EGRAG CRYPTO, X Simultaneously, for long-term projections, the analysis identified escalating price levels in the “Blue and White Forks,” which point toward targets as high as $30 to $60. The expert noted that time plays a crucial role, with higher targets becoming more achievable as XRP sustains its momentum. Source: EGRAG CRYPTO, X Can Ripple’s Native Crypto Flip Ethereum? Another analyst, Dark Defender, boldly predicted that XRP could overtake Ethereum in market rankings. In the latest X post, the analyst highlighted XRP’s growing strength against Ethereum in the XRP/ETH trading pair. Dark Defender shared insights on a potential third-wave rally, which could lead to XRP reaching $4.55 to $8.76, depending on Ethereum’s price movement. The analyst pointed out that if ETH stabilizes around $3,200, Ripple’s native crypto could hit $8.76. However, if ETH corrects downward to $2,000, XRP price may still achieve $4.55. This also indicates that Ripple’s native crypto is poised to hit a new ATH in the coming days. Source: Dark Defender, X Meanwhile, such a rally would position XRP as the second-largest cryptocurrency by market cap, the analyst noted. Besides, it would also mark a milestone that many believe is within reach given Ripple’s expanding influence and utility in cross-border payments. XRP Price Rally To Continue? XRP price has noted a loss of 2% today and exchanged hands at $3.11 amid a broader crypto market retreat. Notably, the crypto has touched a 24-hour high of $3.2 while hitting a low of $3.08. Further, XRP Futures Open Interest plunged 2.4% reflecting the gloomy sentiment hovering in the market. Meanwhile, the recent plunge in XRP price comes amid massive criticism of Ripple by the Bitcoin maxis. Notably, the pro-BTC enthusiasts have slammed the blockchain firm for its “lobbying efforts”, while expressing their frustration over the rumors of a US XRP Reserve. Notably, many have highlighted the ongoing Ripple Vs Bitcoin war , saying that the crypto community is warring among themselves amid the waning US SEC threat. However, given other positive developments, including the latest XRP ETF filing by CoinShares , a flurry of market experts remained optimistic about the future trajectory of Ripple’s native crypto. The post XRP Price Eyes Rally To $5, Top Expert Reveals Potential Timeline appeared first on CoinGape .

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