Despite its current challenges, XRP remains at the forefront of attention, with recent forecasts projecting its price to 2025.
XRP is currently battling bears alongside the rest of the cryptocurrency market as prices remain in a consolidation phaseDespite occasional rallies in the broader market, XRP has failed to capitalize on these periods to reclaim the Threshold of $0.60 throughout this month.
The cryptocurrency market recently saw a new rebound after the Federal Reserve cuts interest rates by 0.5% Investors have been moving towards risk assets. However, in the latest XRP news, XRP has not jumped on this surge, still struggling to conquer $0.58 as it is currently changing hands at $0.5884 amid a minor 0.33% rise in 24 hours.
Despite its challenges, market observers and community commentators believe that an XRP breakout is imminent. As a result, several projections have emerged, with price targets ranging from $1 short term to a plus ambitious $27.
XRP Price Target for 2025
Amidst these projections, Ash Crypto, a renowned trader with nearly two decades of experience in the financial markets, recently shared his latest predictions about the price of XRP during the ongoing bull market.
He estimates that by mid-2025, XRP could trade between $3 and $5, making it one of the best-performing cryptocurrencies this cycle. Ash Crypto’s projections suggest a potential increase in XRP’s value of an impressive 412% to 754%.
Interestingly, several other analysts have also predicted the $5 target. Altcoin Moe, a market watcher, has also projected that XRP could reach $5. shared his predictions earlier this year, while estimating that the price of Bitcoin and Ethereum would rise to $115,000 and $8,000, respectively.
Another respected analyst, Dark Defender, provided an XRP price prediction from last July, relying on Elliott Wave Theory and Fibonacci levels. He also suggested that XRP had the potential to climb to $5 in this bullish period.
Last March, market commentator Jake projected similar targets, claiming that XRP could hit the $5 mark during the current market cycle.
Other price projections
As XRP continues to be in the spotlight, Ash Crypto has also shared predictions for other cryptocurrencies. His predictions for Bitcoin He set a target of $150,000 to $250,000, which represents a 136% to 294% increase. Similarly, he sees Ethereum climbing to $10,000 to $15,000, which would mark a 305% to 507% gain.
Other notable predictions from Ash include a 77% to 147% surge for Binance Coin (BNB), pushing it into the $1,000 to $1,400 range. Solana (SOL) is also expected to surge significantly, with projections suggesting a price between $450 and $650, reflecting a 213% to 353% surge.
Apart from these flagship assets, Ash Crypto has predicted significant gains for other popular cryptocurrencies, such as Dogecoin, Polkadot, Chainlink, Avalanche, and more. For example, he sees Dogecoin reaching $1, a potential increase of 852%.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
