XRP price crossed $3 for the first time since 2018, supported by bullish momentum and Donald Trump presidency as market analysts target $6.
Highlights
XRP price surged over 16%, reaching $3 for the first time since 2018 amid broader crypto market recovery.
Analyst EGRAG Crypto predicts XRP could rally to $6.4, supported by momentum and strong community backing.
Market optimism rises on potential regulatory easing under Donald Trump's administration.
Ripple (XRP) price touched a price of $3 on 15th January 2025 for the first time since the year 2018. The price increase corresponds to the overall positive trend of market and the expectations on the changes in the regulation during the Donald Trump’s administration. Top analysts have predicted $6 as the key level for XRP, fueled by solid indicators and increasing demand.
XRP Price Hits $3 as Analysts Eye $6 Target Amid Bullish Momentum
According to the recent crypto bull run, the XRP price rose above 16% to trade at $3 in the US trading session on 15th January. The cryptocurrency was able to achieve this for the first time since December of 2018. The Ripple token rose amid crypto market recovery, with investors optimistic over the incoming Donald Trump administration.
Moreover, the ongoing crypto rally has led Bitcoin price to reclaim the $100,000 level, signaling renewed market optimism. Surpassing this psychological milestone, BTC’s market cap approaches $2 trillion, fueled by growing institutional interest and increasing adoption.
Analyst EGRAG Crypto forecasts a further rally for XRP, citing a rebound from $2.88 in the 4-hour timeframe. The analyst suggests a potential climb to $6.4, supported by rising momentum and strong backing from the XRP community.