Ripple’s XRP is having a bit of a comeback moment, climbing back to previous price levels at a pace that can only be described as “slow and steady wins the race.” At the same time, traders are flocking to it like the last slice of pizza.
Back in November, XRP finally broke through the long-dreamed-of $1 mark. This milestone was powered by the launch of the RLUSD stablecoin and a little facelift over at the SEC.
Since then, XRP has been on a rollercoaster ride, eyeing its all-time high of $3.317 like a cat staring at a laser pointer.
But here’s the real question: after six years of hitting the snooze button on its performance, can XRP actually break that record?
Will XRP finally make it to a new all-time high this year?
With a strong support level holding steady at $2, the odds of it making a sharp leap to $3 are looking pretty solid. Below let’s dive into the nitty-gritty of XRP’s price action as we wrap up 2024 and kick off 2025.
Everyone’s saying 2025 is the “crypto comeback tour.” XRP is already in the spotlight, with predictions it’ll not just recover past gains but hit fresh new highs in Q1.
And honestly, the XRPUSD chart backs up the hype. With a rock-solid support zone between $1.9 and $2, the cryptocurrency has been flexing its resilience, bouncing back twice after some deep December dips. Obviously, it’s looking like the year makes it return and reclaims its glory.
The strong buying frenzy between $1.80 and $2 shows investors aren’t just dipping their toes, clearly betting on XRP’s potential to deliver some serious action.
Will XRP reach $3 in January, 2025?
XRP’s rocket-like climb past $2.905 in early December left traders buzzing about the $3 milestone—it’s not a question of if but when. Some analysts are even calling $2.8 the magic number; once XRP conquers that, the road to a new all-time high will remain wide open.
Just leave a like if you believe in $10,000 per #XRP! 👊 pic.twitter.com/8YD84t24h9
— JackTheRippler ©️ (@RippleXrpie) December 30, 2024
One veteran trader even dropped a jaw-dropping prediction of a 100X rally for XRP. Meanwhile, other analysts are taking a more “modest” approach, calling for a potential surge to $8 in the coming months. Either way, it seems XRP has its eyes firmly set on the moon.
Institutional adoption of crypto continues to gain momentum, and XRP remains at the forefront with its evolving strategies. Recent price movements suggest the potential for higher targets, aligning with the accelerating growth of the crypto market.
All eyes are now on XRP as we anticipate the price action this coming Q1 of 2025.
Abimbola Adu
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