XRP price continues to remain horizontal due to the holiday period. Investors are uncertain about the future of XRP, which is trying to hold on above the short-term $2 level. However, experts make optimistic predictions that the cryptocurrency will gain value in the long run. Experts predict that the price of XRP may experience a significant rise in 2025.
Ascension Predictions From Experts
Cryptocurrency analyst Ali Martinez, Ripple $2.1He predicts that ‘s native cryptocurrency could rise to $11 by 2025. This expectation is shaped by positive developments in the market and developments in Ripple’s legal processes.
Martinez states that XRP may experience a significant price movement in the short term. “The Bollinger Bands on the XRP daily chart are compressing, which heralds a major price movement,” said Martinez, stating that there may be an increase in the near term.
Impact of Legal Developments
Other experts also make optimistic predictions on the price of XRP. EGRAG CRYPTO says that if XRP holds above the $2 level, it could rise to $4. Additionally, the expectation that the Ripple case will be rejected in the future seems to have created a positive atmosphere among investors. Dark Defender made a remarkable prediction for XRP. He states that if it stays above the $1.95 level, XRP could rise to $5.85 in the short term. Defender also points out that XRP could rise to $8.65 after the correction.
The outcome of the Ripple case and the positive progress of the legal processes may increase the price of XRP. These developments may increase investors’ confidence and create more buying pressure in the cryptocurrency market. Optimistic long-term predictions of experts indicate that XRP may gain value in the future.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.