Ripple’s $XRP has surged back above the $3 mark, approaching its previous all-time high (ATH) of $3.80. Analysts are optimistic, identifying $4.80 as the next major price target, with further gains expected as the altseason intensifies.
The cryptocurrency market is experiencing a strong uptrend, driven by Bitcoin (BTC) reaching a new ATH in the $123,000 range. This bullish momentum has catalyzed rapid growth across major altcoins. Ethereum (ETH), for example, has recently broken through the $3,000 barrier and is now nearing the $3,500 level—positioning it close to reclaiming its previous ATH.
Among the standout performers is XRP, which has climbed back above $3 for the first time in years. The asset is now approaching its former ATH of $3.80. Analysts believe this breakout is just the beginning, with $4.80 identified as the next significant resistance level. Projections for XRP extend beyond that, with potential targets at $7, $27, and higher as the market rally continues.
Legal Victory Fuels XRP Momentum
XRP’s renewed strength is underpinned by the recent resolution of Ripple's long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). After seven years, the case concluded in favor of Ripple, removing a major source of uncertainty that had previously hindered XRP's growth during prior bull markets.
Now with regulatory clarity, XRP is well-positioned to capitalize on market momentum. Having missed out on previous bull cycles, analysts suggest that the current run could see XRP not only reclaim but significantly surpass past highs.
Altseason Reaches Critical Juncture
Beyond XRP, the altcoin market as a whole is showing signs of an imminent surge. While newer assets such as FET, ONDO, and DUI have already reached new highs this cycle, many established altcoins are only beginning their upward trajectories. With Bitcoin dominance declining and increased capital flowing into altcoins like ETH, the stage appears set for a full-scale altseason.
Market analysts anticipate that the peak phase of altseason is approaching rapidly, with the next few weeks seen as a critical window for significant gains. Legacy altcoins that have underperformed in past cycles are expected to play catch-up, offering substantial upside potential.
Looking Ahead
With XRP’s momentum building and the crypto market heating up, the break above $4.80 could mark the beginning of a historic price expansion. As altcoin strength continues to grow, Ripple’s XRP is emerging as one of the most closely watched assets of this bull cycle.
Investors and analysts alike will be keeping a close eye on price movements, as XRP aims to not only revisit but surpass its previous all-time high.
