Ripple: New Price Prediction Claims XRP To Hit $5-$8: Here’s How
Ripple (XRP) is currently one of the trending cryptocurrency tokens to exist in the space. The fact that the token has won over investors through compelling offerings and its resilient spirit speaks volumes about the potential that the token possesses in the long run. With XRP ETF development making credible noise in the domain, a new price prediction predicts XRP may hit new highs, ranging from $5 to $8. Let’s delve into the details to know how this may happen.
Ripple To Claim New Highs Amid Rising Popularity
Ripple (XRP) is no stranger to success. The token is currently sitting in the center of a rising ETF development, with nearly 18 ETFs filed with the US SEC. Once approved, these ETFs can help onboard a new stream of investors, helping the token soar high above the predicted price timelines. At the same time, Ripple has finally won its case against the US SEC, a development that has helped XRP to claim a bullish price momentum already.
In the middle of this, a notable crypto analyst, Dark Defender, has come up with a new price prediction for the token. Per the expert, the token is all set to embrace the bullish price momentum next quarter. The analyst explained how XRP’s price chart is showing a buildable momentum with the token’s 3rd wave targeting a $5 price value. If successful, the token can easily hit the aforementioned price mark in the upcoming months and eventually target $8 in the next phase or process.
3 Monthly Time Frame Update:
The January-February-March candle will be closed by the end of this month.
When you zoom out, you can see a clear Bullish momentum for #XRP.
There are ups & downs in smaller time frames, but the higher frames superseded smaller ones.
3rd Wave is… pic.twitter.com/WkKAZLQWdZ
What Does the Technical Analysis Say?
As per CoinCodex, XRP is currently eying a $3 price mark that the token can claim by the end of April 2025.
By the end of the year, the token seems to stabilize around the $2.76 price mark. However, XRP ETF approval alongside Ripple’s new global collaborations can help change the price trajectory to hit bullish price levels ahead.
