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XRP is currently trading at $2.37 after a slight 24-hour decline of 2.11%, but it's still up 0.89% over the week, 13.2% this month, and an impressive 359% over the past year. Since the beginning of 2025, XRP has gained 14.2% and now boasts a market cap of $139.06 billion, ranking it fourth among cryptocurrencies.
Reaching the $20 mark would require a 743.88% increase from its current level. According to stock analyst Moe, this is a crucial support level. If the price fails to hold here, he warns it could slide to $0.226, then $0.213, and even $0.202 in a continued downtrend. Despite the current weakness, Moe says the bigger picture for XRP remains bullish.
XRP Price Direction Target Price $300 or Explanation
Stocks analyst Moe believes XRP still has the potential to reach $300. He admits this sounds wild and calls it an “opioid” moment, but he points to billion-dollar investors who continue to bet on XRP. He says these big players aren’t worried about the short-term noise because they understand XRP’s long-term utility. Moe explains that the delay in XRP’s breakout isn’t a failure, but simply a test of patience.
Moe Notes XRP has broken below the Bollinger Bands for three consecutive days. This typically signals a test of the 13- or 50-day EMA. If XRP drops below $0.213, it could move to $0.202 or $0.172. However, Moe rejects calls for a sharp decline to $0.160, saying the charts do not support such a move. He sees the current move as a response to uncertainty, not a breakdown.
A second delay adds pressure.
The market reacted negatively to the SEC's delayed response, triggering panic selling. Mo says this fear is emotional and not fundamental. He believes short-term holders are giving up, while long-term investors will benefit from the calm.
Institutional movements re-visit
Moe is confident in XRP's future and is backing up his belief by partnering with Gemini. He is offering users $25 in XRP for every $100 traded, demonstrating his continued support. He says the $300 target isn't hype, but rather a reflection of where XRP could go if real use cases are shut down. Moe concludes by saying that the XRP rally is definitely slow, not dead, and those who wait may be the ones to win big.
