Ripple’s XRP has been under the spotlight for several months now. The altcoin’s sudden jump above the $1 mark has been monumental. After being sidelined for years, the asset emerged as one of the top performers. The cryptocurrency, with its 300% gain throughout the past year, managed to make the most out of the change in the US government. While the community expected XRP to record a new high, investors were happy to see it move close to its peak. But XRP holders are yearning to see a new peak by the end of 2025. The real question is whether the asset can turn these dreams into reality.
Also Read: How High Can Ripple (XRP) Rise If It’s Adopted For Global Use?
Ripple’s XRP Continues To Linger Around $2
Similar to the rest of the market, the price of XRP began picking up in the new week. The asset, at the time of writing, was trading at $2.12. This comes after a 2.86% increase over the past 24 hours. Just earlier today, the altcoin was trading at a low of $2.04. The asset’s latest rise comes after a rather dreadful month. XRP saw a major drop of 11.47% during the past 30 days. As the altcoin steps into a new chapter, investors hope to pocket big gains.
Also Read: De-Dollarization: BlackRock CEO Speaks On US Dollar’s Future
Peter Brandt Highlights Timeline
Peter Brandt, a market analyst, recently forecasted the values of assets like Bitcoin and XRP by the end of 2025 in a tweet late Friday. Sadly, he wasn’t too bullish about “everyone’s favorite,” XRP. Despite its massive growth over the past couple of months, Brandt laid out a bearish prediction for the altcoin.
Brandt indicated two points where he projected the asset would end the year. The market capitalization data indicates that XRP may end the year at $116.67 billion or a little over $60 billion. It should be noted that these estimates result in prices between $1.98 and $2 and $1.02 and $1.07. All these price points are much lower than the asset’s current level.
Also Read: Shiba Inu Prediction: AI Sets SHIB Price For April 25, 2025
Credit: Source link
