- Despite underperforming this year, experts believe Ripple’s XRP could reach $1 by 2025 due to ongoing developments and partnerships.
- Analysts cite technical analysis and historical trends to support long-term growth predictions for the cryptocurrency.
Ripple (XRP) has struggled to meet traders’ expectations throughout the year, falling short despite a promising foundation. The token, which many predicted would experience substantial growth, remains stuck at $0.54. However, experts are still hopeful about its potential, projecting that Ripple could hit $1 by 2025 due to several ongoing developments in the company’s ecosystem.
Ripple’s cross-border payment solution remains in the spotlight in the crypto world as more companies join in as partners, giving hope once again. Current developments include partnership agreements and upcoming stablecoin products that can help improve market perception. These collaborations have positioned Ripple as a key player in global finance, increasing the likelihood of an upward trend in XRP’s value.
Despite market fluctuations, these partnerships are evidence that the company is more concerned with long-term growth rather than short-term profits. Given the recent growth of Ripple’s offerings, experts are hopeful that these advances may lead to a rally that could take XRP’s price to near $1 in the next few years.
Experts Predict Long-Term Growth for XRP
Despite the lackluster performance in 2023, several top analysts are convinced that XRP has the potential to rise significantly. EGRAG Crypto, a popular analyst in the cryptocurrency market, has recently revised the XRP price prediction, with the price expected to hit $6 in the next year. His prediction is derived from the Fibonacci 1.618 level, a crucial technical analysis, and a new metric that calculates XRP’s cycle from its inception to the present.
#XRP: 2025 May – Sell and Go Away? 🤔
— EGRAG CRYPTO (@egragcrypto) September 4, 2024
For those who’ve been following me, you’ll remember I predicted a pump starting in July 2024, based on the duration of Cycle 'B'—spanning roughly 1,186 days from peak to peak. 📈⏳
But guess what? 🚨 Cycle 'B' no longer applies. So, we’re… pic.twitter.com/EmK1ZhHkMv
EGRAG Crypto’s revised forecast, which extends the timeline for XRP’s peak to 1,614 days, reflects a more cautious but optimistic view of the token’s potential. Other analysts, such as Javon Marks, have also come up with a historical price analysis of XRP and have indicated that XRP might mimic the 57,000% rise that it had in 2018. According to Marks, XRP’s market behavior is capable of producing an “extreme upside” that can make the price of XRP rise to unprecedented levels that have not been seen in the past seven years
$XRP, right now, continues to be fresh off of action that looks highly reminiscent of the movement just before its >57,000% climb in 2017-2018.
— JAVON⚡️MARKS (@JavonTM1) September 2, 2024
Prices can be on the brink of another extreme upside at an extreme level not seen in 6-7 years! pic.twitter.com/n3oEUQvj0Z
While the current market price may seem stagnant, these expert opinions suggest that XRP’s long-term potential should not be underestimated. The combination of technical analysis and historical trends offers hope for investors looking beyond short-term market fluctuations.
Ripple’s Position in Global Finance
One of Ripple’s most significant strengths is its ability to challenge traditional banking models through its payment solutions. As a leader in cross-border transactions, Ripple is gaining traction as a viable alternative to the conventional financial system.
Versan Aljarrah from Black Swan Capitalist has pointed out that XRP can become a global currency and integrate into financial systems. Ripple’s focus on revolutionizing global payments positions it as a strong contender for future growth.
$XRP is designed to become world money, but many continue to fail and see it, they're too busy arguing over details and nuances because that's all they ever see
— Black Swan Capitalist (@VersanAljarrah) September 3, 2024
While, #Ripple and #XRP continue to dismantle traditional banking, setting the stage for the inevitable debt collapse.
Additionally, XRP’s design allows for fast and efficient cross-border payments, addressing long-standing inefficiencies in the traditional banking system. Ripple, the company behind XRP, has built a technology that streamlines international money transfers, offering a promising future for the token.
