XRP Price Prediction: Analyst Believes $5 Target Achievable for XRP
Renowned market analyst Jake Gagain, who boasts a substantial following of 244,000 on X, is the latest addition to the growing list of experts predicting XRP’s price to reach $5 during this bull market. Gagain recently conducted an analysis of various tokens and their prospective price trajectories, with a particular focus on the year 2025. XRP emerged as one of the top cryptocurrencies for which he established potential price targets.
In a tweet shared by Gagain, he showcased his bullish predictions for crypto prices in 2025, including BTC, ETH, SOL, XRP, and ADA. Gagain believes that XRP’s current legal battle with the SEC is responsible for the cryptocurrency still holding its all-time high (ATH) from six years ago. He suggests that while XRP may not surpass this ATH immediately after the Bitcoin halving, it could do so during the peak of the bull run, especially if Ripple emerges victorious in the lawsuit.
Furthermore, Gagain asserts that an achievable target for XRP during this bull run is $5. Currently trading at $0.6344, Gagain projects XRP to expand nearly seven-fold by 2025.
Interestingly, Gagain is not alone in his prediction. Nick, the founder of Web3Alert, also shares a similar sentiment, suggesting that XRP could reach $10 during this season. While Gagain and Nick view these targets as attainable by 2025, other analysts believe they could be achieved in the short term. Dark Defender, a well-known analyst, has predicted that XRP could hit $5.85 in the coming weeks, along with lower targets ranging from $1 to $2.3. Additionally, market watcher EGRAG boldly claims that XRP’s price could surge to $17 this month, with an ambitious target of $27 for this cycle.
With a consensus among various analysts that XRP has significant potential, only time will tell the extent to which it will rise in value.