Ripple (XRP) is one of the leading tokens in the cryptocurrency realm. With Bitcoin plummeting to $96K, XRP seems to have adopted a mellow stance, quietly weighing the market analytics to pick up pace at the right time. Will Ripple be able to establish a new price ATH by this weekend? Let’s find out.
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Token To Claim $11 Per Analyst
As Ripple continues experimenting and innovating, several crypto analysts have lately been issuing multiple bullish price predictions for XRP. The notable crypto analyst Ali Martinez shared how XRP is currently consolidating within a “massive bull pennant pattern.”
If XRP manages to stay afloat, the token could hit a remarkable price high, which could help XRP to sit at the $11 price mark.
“$XRP is still consolidating within the pennant of a massive bull pennant pattern. Until the $2.73 resistance is broken, a pullback to $2.05 remains possible before a potential breakout to $11!”
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XRP Price Prediction For The Weekend
XRP is currently in the news, primarily after its CEO, Brad Garlinghouse, formally met with the president-elect, Donald Trump. The meeting is sparking rumors on all fronts, putting speculation on whether Ripple is brewing something in tandem with the US political domain.
At the same time, the Ripple ETF approval rumor spree is also gaining momentum, which “may” pick up speed after Donald Trump’s official inauguration on January 20th, 2025.
If these developments materialize, Ripple could expect a surge in its price, possibly helping XRP hit new unprecedented heights.
Per CoinCodex, Ripple may stabilize to sit at $2.22 by the end of this weekend.
By the end of January 2025, Ripple may ultimately score a new price spot of $2.30.
“According to our current XRP price prediction, the price of XRP is predicted to drop by -2.06% and reach $ 2.30 by February 8, 2025. Per our technical indicators, the current sentiment is neutral while the Fear & Greed Index is showing 69 (Greed). XRP recorded 16/30 (53%) green days with 5.32% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy Ripple.”
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