Ripple’s (XRP), despite 2024 being half over, has not yet shown any significant price movement. It is fighting hard to hold its ground against an intensely bearish market, but it is holding steady. The token currently trades at a price of $0.4043, reflecting the current bearish mood in the market. While Bitcoin dropped to $54K in price, many altcoins have been struggling to rise and trying to reach new lows.
XRP, despite its bearish trend, is ready to embrace a whole new set of partnerships that could push it to a higher price.
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What is the future of XRP in 2025?
Ripple was always known as a cryptocurrency with a distinctive identity. own Price pace. It is not fazed at all by the market volatility it normally encounters, and has a strong crypto community that will vouch to its worth. Despite a long-running battle with the US Securities and Exchange Commission, the token remains one of the top trending tokens.
The technical indicators point to XRP reaching $1 by July’s end. Ripple’s robustness is a result of partial victories in the case it filed with US SEC. XRP has already been predicted to claim $2 in 2025 by several analysts. This is mainly because the company prepared a long list for new partnerships.
Brett Hill, a notable analyst at Ripple, says that the company has forged new collaborations across all sectors with global banks to enable XRP to dominate new industries and cases.
Such subtle developments could help propel the price of XRP up to new heights. XRP lovers are now clamoring for the Ripple ETF, which is expected to be launched very soon. Monica Long was bullish about this prediction as well, adding that a Ripple ETF would make sense given the massive popularity of the token.
“About ETFs, I think it would be very sensible for someone to launch an XRP ETF. As XRP has been trading within the top 10 for how long, maybe its entire life? And on top exchanges like Coinbase and Kraken. It’s certainly in the top 5 of daily volume.”
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What is the maximum price that Ripple (XRP), a digital currency, can trade at in 2025
Ripple could soon experience a bullish wave in its price. The price ranges are based on the per CoinpediaThe token could end 2024 on a high note, claiming $1.60.
“If the buyers successfully counter the prevailing selling pressure, Ripple could significantly recover, enhancing the likelihood of a breakout. A pivotal moment will be the breach of the $1 mark. Surpassing this level could substantially increase the probability of the price reaching the $2.23 potential high. Conversely, if the bearish trend persists and the price falls below $1.60, it may signal a prolonged breakdown phase.”
Portal predicts XRP will surpass collective expectations by reaching a high of $ 3 in 2025. But the token might average out at $2.
“XRP price prediction for 2025 sets the high at $3.38 and creates a new all-time high. However, in case of a global crisis, the XRP price might rest at $2.47, making an average of $2.925.”
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Source: watcher.guru