Currently, XRP is trading at $3.12, with a market cap of $189.02 billion. Although the token dipped by 4.6% in the past 24 hours, many experts remain optimistic about a potential price surge.
Key Highlights:
Ripple vs. SEC Case Closed: The long-awaited verdict is in, and XRP surged approximately 10%, reaching $3.33–$3.35 shortly after the announcement. Top analysts are now setting ambitious price targets ranging from $8 to $20 in bullish scenarios.
Strong Predictions: Renowned analysts like Tony "The Bull" Severino and Peter Brandt forecast substantial gains. Severino anticipates a 333% increase within 40 days, while Brandt expects a 60% rally pushing XRP to $4.47.
Market Share Potential: XRP’s market dominance at key levels of 5.92%, 8.87%, and 11.61% could trigger a breakout. Should the overall crypto market cap hit $10 trillion, XRP might break into double-digit valuations.
Escrow Release: Ripple routinely unlocks XRP from escrow on the first of each month. In August, 1 billion XRP was released, leaving 35.6 billion still locked away.
Technical Overview:
XRP currently displays a neutral technical stance, with a mix of indicators: 5 neutral, 3 buy, and 2 sell signals.
Trading above the $3 mark, technical analysts suggest a potential upward target near $4.20.
Price Outlook:
Some market watchers project XRP could reach $30–$33 within the next few months.
More aggressive forecasts hint at $300 by August 2026 or even over $1,000 by May 2026, fueled by growing institutional interest and adoption.
Many see double-digit prices becoming a reality in 2025 as XRP strengthens its position.
Stay tuned and keep a close watch on XRP’s movements this week!
