A YouTube video by Crypto Love discusses what 2000 XRP coins could be worth in 2025. It looks at different factors that can affect the price and how much growth it could by next year.
The ongoing SEC’s issue with Ripple has made many people believe that the chance of a big pump is over. However, the presenter sees a major pump in XRP price before the end of 2024.
They revealed that the prices of altcoins are lower than they should be, which is a good time for investors to accumulate more tokens. Indicators like the Exponential Moving Average (EMA) and Parabolic SAR indicators, show the price is trading very low and could start to reverse soon.
More so, XRP is also facing resistance at a certain Fibonacci retracement level. Breaking past that level could lead to a large rise in its price.
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XRP Price Prediction
Crypto Love presents three possibilities for the XRP price by 2025.
- XRP could return to its previous all-time high.
If XRP were to go back up to its highest price ever of $3.84 (which happened in January 2018), then 2,000 XRP (which is about a $1,000 investment today) could be worth around $4,673.
- Following a Pattern Like Ethereum
The presenter thinks XRP’s price could follow a similar pattern to Ethereum’s. At Ethereum’s highest point in the last cycle, its total market value was $559 billion. If XRP did that, it could reach $10 per coin. That would turn a $1,000 investment into $21,082.
- A Very Optimistic Scenario
In the most optimistic scenario, if Bitcoin reaches over $200,000, Crypto Love thinks XRP could get about a quarter of Bitcoin’s total market value, which is around $3.6 trillion. That would push XRP’s price to around $65 per coin. A $1,000 investment would be worth $129,300.
Read Also: Crypto Whales Accumulate $30,380,000 Worth of Chainlink: How High Can LINK Price Pump in July?
External Factors that Can Propel XRP Price Increase
XRP also has features that could make it adopted faster and also pump its price. The video mentions its speed and cost-effectiveness, being able to handle a lot of transactions at once without issues, suggesting that these features could position XRP as a preferred asset for central bank digital currencies (CBDCs), potentially driving adoption and value.
The video also presents historical price charts showing significant price increases following wedge formations. They note that similar wedge formations are currently appearing, suggesting the possibility of another major price breakout in the near future.
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