Seasoned analyst Ash Crypto predicts XRP could witness up to nine-fold price gains within the next year amid recent market gains and bullish sentiment.
On Monday, XRP posted a 4.3% gain, rallying from $0.5284 to $0.5511. This marks a fresh two-week high, recovering from the SEC-induced selling pressure in early October that had dragged its price down to $0.51.
As of Tuesday, XRP is correcting the Monday uptrend. It experienced a pullback that caused a retest of $0.5353, its current threshold at press time. Meanwhile, XRP’s temporary rally on Monday prompted some market commentators to issue bullish targets within the six-month to one-year timeframe.
XRP Price for Next 6 to 12 Months
Ash Crypto, an analyst with over a decade of experience, took to X on Monday to inform his 1.2 million followers of his projections for 13 top-ranking crypto assets, including XRP. He noted that he expects XRP to trade within the range of $3 to $5 by next year.
The lower end of this price forecast translates to a 460% gain or a 5X return on investment for today’s investors. Meanwhile, the higher boundary would represent a more substantial 834% appreciation from the current price.
Notably, Ash Crypto also projects a price range of $125,000 to $250,000 for Bitcoin within the same six- to twelve-month timeline. This implies that if Bitcoin establishes a peak at $250,000 by next year—representing a 3X gain from current levels—he anticipates XRP will also set a new record, as $5 would surpass XRP’s previous all-time high of $3.84.
While Ash Crypto expects XRP to reach $3 by at least March 2025, other market pundits have issued more immediate timelines for a similar price target.
Last month, crypto trader Myles G boldly stated that XRP would be worth $3 by Christmas on December 25. In more recent updates, he issued a buy alert on XRP, urging market participants to purchase the coin without worrying about setting stop-loss orders. He outlined profit-taking targets between $1.10 and $2.84 for the near term.
Other Crypto Assets Price Targets for Next 6 to 12 Months
Other prominent crypto tokens featured on Ash Crypto’s list include Ethereum, BNB, Solana, and Dogecoin. For Ethereum, he expects prices to reach up to $15,000 by next year, while for BNB, he projects a range of $900 to $1,400. As for Solana and Dogecoin, the analyst predicts peaks of $650 and $1, respectively.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
