20-4-2025 – XRP has staged a robust recovery, now hovering around the $2 mark after a recent low of $1.61. This resurgence has ignited speculation among traders, who see the cryptocurrency poised for a significant leap forward. The resolution of Ripple’s protracted legal tussle with the SEC, coupled with the appointment of a crypto-friendly SEC chair, has bolstered confidence, casting XRP as an increasingly attractive investment.
Market sentiment is buoyed by Ripple’s ambitious plans for an initial public offering and the filing for an XRP exchange-traded fund, both of which are fuelling optimistic forecasts. Yet, caution lingers. Veteran analyst Peter Brandt, renowned for his measured insights, suggests XRP’s upward potential may be capped for now. Pointing to a head-and-shoulders pattern on the charts, Brandt warns that a failure to sustain above $2 could see prices slide back to $1, with year-end projections ranging between $1.02 and $2. His analysis, grounded in technical patterns rather than market exuberance, urges prudence.
Contrastingly, bold predictions abound. Standard Chartered, a titan in global banking, envisions XRP soaring to $5.50 by the close of 2025, with an even loftier $12.50 target by 2028. Crypto stalwart Davinci Jeremie goes further, forecasting a potential surge to $24 within the year, citing possible governmental backing as a catalyst. Meanwhile, analyst Dark Defender, a respected voice in crypto circles, argues that XRP is on the cusp of breaking free from a prolonged consolidation phase. With bulls steadfastly defending the $2 threshold, Dark Defender’s five-wave model projects a climb to $5.85 in the near term, potentially heralding a new all-time high.
Adding to the narrative, XRP has achieved a notable milestone, surpassing Ethereum in fully diluted market capitalisation. According to crypto analyst EDO Farina, XRP’s valuation now stands at $208.4 billion, eclipsing Ethereum’s $192.5 billion. Farina notes that XRP has outpaced Ethereum for over six months, sparking discussions of a “flippening” that may already be underway.
With altcoins like XRP trading sideways after a vibrant start to 2025, investors remain vigilant. Earlier this year, XRP touched $3.39, and while its recent dip feels more like a recalibration than a collapse, the prospect of buying at these levels is tantalising for those anticipating the next bullish wave.
