Highlights
- Analysts anticipate a significant price surge, with projections suggesting XRP could reach $15 if bullish trends continue.
- The CoinGlass liquidation heatmap highlights $2.70 and $3.00 as critical short-term targets, increasing market volatility.
- Also, the XRP crypto’s adoption rate is rising, with addresses reaching a record high of 6.87 million, indicating a growing investor base.
The XRP price has experienced a remarkable bull run, soaring from a low of $0.4861 to an impressive $3.40 by mid-January.
This surge has captured the attention of many investors, especially as the long-standing shackles of the SEC vs. Ripple case appear to be loosening.
Despite a challenging Q1 2025 for the entire crypto market, largely due to macroeconomic issues stemming from trade tariff discussions in the U.S. in February.
The XRP price has shown resilience. Due to its strong fundamentals, its price has withstanded bears strongly during this downturn.
Throughout the market’s struggles, XRP price consistently stayed above the 200-day EMA band. Unlike many other altcoins, it has proven its strength by maintaining a position above the $2 mark.
This week, as inflation reports indicated some control over rising prices in the U.S.. This is more of a reason why the XRP price began to rally once again after breaking through key resistance levels.
Many analysts are now anticipating a significant price surge ahead, with projections suggesting that if the bullish trend continues, XRP crypto could reach as high as $15.
The increasing adoption rate also further reinforces the strong fundamentals supporting XRP crypto’s long-term growth. Keep reading to know more.
Is $15 the Next Big Target for XRP Price?
Several analysts are optimistic that the Ripple price is poised for a significant rally. This anticipation stems from various factors, including the development of XRP ETFs, increased regulatory transparency, and a growing user base.
Also, recent observations from the CoinGlass liquidation heatmap highlight $2.70 and $3.00 as critical short-term price targets, as many traders have set their stop-loss orders at these levels.
As history is evident that market prices often gravitate toward areas with a high concentration of liquidation orders, as stop-loss and leveraged positions can create increased volatility.
This sentiment aligns with XRP crypto’s recent momentum indicators, highlighted by an analyst. Analyst Javon Marks noted on X that the RSI recently broke out, a signal that has historically led to a sixfold price increase and a 470% market surge.
He hints that if history repeats itself and XRP price breaks above the current range, particularly the $3.00 mark, it could trigger a major rally driven by momentum traders and market liquidations, leading to successive buying patterns.
Similarly, the Crypto analyst Mikybull Crypto also supports this bullish outlook. He is suggesting that the current price pattern resembles XRP crypto’s behavior in 2017.
He predicts that the XRP price to make moves to $5 or even $10 is a possibility.
The overall sentiment remains bullish, as Ripple price continues to hold above key support levels.
Analysts emphasize that the XRP price movements have mirrored historical patterns that typically result in explosive growth. If this trend persists, XRP price could surpass its all-time high and enter a new price discovery phase.
Likewise, another analyst says that the XRP price has broken out of a symmetrical triangle pattern on its weekly chart.
So based on that, technical analyst Ali Charts predicts that XRP crypto could reach $15 in the long term following this breakout.
Number of Addresses on the Rise in XRP Price?
Furthermore, analysts highlight that XRP crypto’s increasing adoption, coupled with favorable market conditions, bolsters the case for a price rally.
Notably, analyst Ali Martinez reported that the number of XRP addresses has surged to a record high of 6.87 million.
This growing adoption strengthens the bullish narrative for the XRP price, as it indicates a larger pool of investors ready to participate in the next market wave.
With more users entering the ecosystem, the potential for Ripple price appreciation becomes even more promising.
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.