XRP Prediction: Expert Maps Out Ripple’s Expected Price Trajectory from Now Till 2025 – Here’s Their Outlook
Cheeky Crypto, a crypto YouTube channel with more than 160,000 subscribers, made predictions about the XRP price and discussed some future expectations for the token.
The analyst discussed the recent XRP price pullback after a sharp rise, but the price is now holding up better compared to the general crypto market. It’s important to note though that this XRP price forecast came before news about Ripple’s win against SEC broke out.
The price of Ripple’s XRP is now maintaining key support levels from early July, unlike many other cryptocurrencies.
The analyst made short-, medium-, and long-term price predictions about XRP, and we will be looking at them in the following paragraphs.
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XRP Price Short-Term Prediction
On the 4-hour chart, there is a potential death cross (where the 50 SMA crosses below the 200 EMA) that could indicate further price declines in the short term.
There is a price support around $0.40-$0.46 and resistance at $0.54 and $0.56. These resistances, along with another one at $0.6 area, were broken following big news last night.
The analyst expects more volatility before a potential upward move. However, even if there is a bearish move, the critical support at $0.382 should not be broken to maintain the bullish structure.
XRP Price Medium-Term Prediction
In the medium term, the analyst is observing a five-wave structure indicating potential upward movement.
With this, there might be an upward move to $0.74-$0.84 if the current support holds. However, if XRP falls below $0.40, the bullish outlook is at risk.
On the daily chart, XRP is in an oversold area, suggesting potential upward momentum. For a bullish scenario, a move above $0.75 is necessary.
XRP Price Long-Term Prediction
In the long term, the presenter sees the possibility of an impulsive breakout. He noted that a break above $1.42 could indicate a larger impulsive breakout.
Potential long-term targets range between $5.59 and $11.25, with possible extensions up to $34.95 under extraordinary conditions.
The long-term predictions are based on some significant growth that the analyst expects in 2025, which will also coincide with the peak of the bull market.
There is also a need for constant updates and analysis about XRP. The outcome of the ongoing Ripple and SEC issue will also determine a lot.
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