XRP Dominance Space Expansion in Sight: How Much Will XRP Be Worth in 2025?

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Portalcripto2024/11/29 02:55

By:By Roberta Cesar

Amid the bullish rally witnessed recently by the XRP and developments in the Ripple case, specifically projecting a possible victory for the company or the case rejection In the coming year, many cryptocurrency enthusiasts and investors are wondering how much will XRP be worth in 2025? Market experts are predicting a skyrocketing rise for XRP.

Renowned analyst Egrag Crypto highlighted in a analysis technician shared on November 28 that Ripple's native token is currently facing major resistance from the Sky Dome, a descending trendline observed between May 2017 and July 2023.

According to the analysis, if the token manages to break above the Sky Dome line, the market will see a spatial expansion for XRP dominance. Egrag Crypto has projected a dizzying price rise with an impressive target for XRP dominance. The analyst highlighted a potential double-digit rally for Ripple’s native cryptocurrency if it breaks above key resistance levels.

“XRP Dominance – The ‘SKY DOME’! Fibonacci Extension: I’m taking the November 2020 high and extending it to the June 2024 low for a clearer picture of XRP’s dominance path. XRP is currently facing major resistance from the “Sky Dome” — the descending trendline from May 2017 to July 2023. If XRP can break this Sky Dome line, we will enter the SPACE EXPANSION for XRP dominance! My goal? No less than double-digit dominance. XRPFamily, STAY STEADY AND STRONG! We are going after the #XNUMX spot and will soon be aiming for the #XNUMX spot. Patience is key.”

Source: TradingView/Egrag Crypto

How much will XRP be worth in 2025?

A renowned cryptocurrency analyst known as StephIsCrypto shared recently his very optimistic prediction that XRP could reach a new maximum prices , surpassing an impressive US$ 30.

The expert noted that XRP could be poised to witness an incredible price surge in the coming months. The analysis emphasized that once the asset’s adoption grows and XRP manages to reach a wider market, the token could see a rally to $33,21.

At the time of publication, the price of XRP was trading at $1,48, down 1.1% over the past 24 hours. In seven days, the token has seen gains of 21.3%.

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.

Tags: Cryptos XRP

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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