Analyst: XRP Could Rise to $35 If This Happens

Cryptocurrency analyst CryptoInsightUK believes that the price of XRP could increase significantly, potentially reaching $35 by the end of 2025. This prediction is based on the continuation of the observed upward trend in recent months. XRP performance in 2024 XRP, the fourth largest cryptocurrency by market capitalization, has demonstrated significant growth in 2024 despite market turbulence. The digital asset reached its highest level in years at $2.9 earlier this month after a breakthrough decision in November. Over the past year, XRP has surged over 250%, fueled by strong investor confidence in its ecosystem. Some macroeconomic factors have contributed to this optimism. These include SEC regulatory reforms and political developments such as Donald Trump's election victory, which some analysts believe have had a positive impact on the cryptocurrency market in general. Forecast for 2025 CryptoInsightUK has adjusted its price target for XRP based on recent market behavior. According to his analysis, this cryptocurrency is expected to see significant upward movements in the first and last quarters of 2025. In a recent comment, CryptoInsightUK predicted that XRP could rise to $10 in the first quarter of 2025. He hopes XRP will reach $35 by the end of the year if the current market trend continues. He believes this outlook is due to its adjustment in its 2017 coverage, which he has aligned with XRP's recent price breakthrough.

Risk for the price increase scenario Not all analysts are equally optimistic. Dom, another well-known market observer, highlighted the risks that could disrupt XRP's upward trajectory. He pointed out that this cryptocurrency has tested its $1.9 support level twice, which he believes has weakened its foundation. The analysis warns that Bitcoin's inability to sustain a price above $95,000 could lead to a broader market downturn, dragging altcoins like XRP down. If XRP loses the $1.9 support level, Dom predicts the price will drop sharply to $1.6, with no significant demand zone between these price levels. He emphasized that a drop to $1.6 could weaken the price momentum of XRP and push it into uncertain territory. "The correction will be much larger," Dom warned, signaling the potential end to the recent uptrend. The levels of importance need to be monitored Despite the risks, Dom acknowledges that XRP could maintain its upward momentum if it holds above the current price level. He declares that reclaiming $2.4 will be a turning point for the asset to reach a new all-time high. At the time of reporting, XRP is trading at $2.19, reflecting a 1.82% decrease in the past 24 hours. According to Dom, reaching a price of $2.4 will signal a new strength in XRP's price increase, potentially paving the way for further growth.