Throughout this year, Ripple has thoroughly underperformed. The token has failed to live up to the hype that many traders had for the asset while being stuck at its current level. Yet, there is still room for that to change. Indeed, there is still a possibility for Ripple to target $1 XRP in 2025.
Several experts have recently affirmed the high-end potential of the crypto. The cross-border payment firm has announced a series of collaborations, and an impending stablecoin launch, that could only increase sentiment regarding the entire ecosystem. Therefore, setting XRP up for what could be an explosive rally.
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XRP to $1? Why These Experts Are Still Holding Out Hope
Ripple has long had immense potential in the crypto market. With its years-long US Securities and Exchange Commission (SEC) lawsuit coming to an end this year, that potential had never been higher. Yet, it has consistently underperformed relative to those expectations.
Although the crypto is up more than 12% in the last 30 days, it is only trading at $0.54, according to CoinMarketCap. The token has also lost 4% of its value in the last week, with traders nervous it could spark another fall. Yet, several experts aren’t giving up on Ripple that easily, with many still anticipating $1 XRP in 2025.
Among them is EGRAG Crypto, who recently expounded on hits ongoing XRP price prediction. In a post to X (formerly Twitter), he foresaw a massive surge heading into next year. Specifically, he noted that XRP could target highs of $6 this time next year.
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That prediction is rooted in the Fibonacci 1.618 level. Moreover, that is a revision of his previous forecast. This time he measured the cycle from XRP’s creation, rather than from its last peak. This new model shows that the current cycle could take 1,614 days to reach its peak, longer than previously stated.
He certainly isn’t alone. X user Javon Marks discussed the potential for XRP to repeat a notable historical pattern. In his forecast, he said XRP could look to mirror a 57,000% surge that took place in 2018. Additionally, he noted the asset could boast “extreme upside at an extreme level, not seen in seven years.
Ripple has not ceased in its continued developments. It has remained a cross-border payment mainstay with increased collaborative efforts. That could be huge in helping to propel XRP through positive sentiments within the market.
