- XRP trades at $2.44, with a 24-hour volume of $10.53 billion, reflecting strong market resilience.
- Key price targets include $2.72 in the short term, $3 by 2024, and $10 by 2025.
- Community optimism and technical indicators fuel confidence in XRP’s long-term growth.
Ripple (XRP) is back in the limelight after weakening momentum recently. Along with the bullish sentiment in the wider cryptocurrency market, with Bitcoin’s surge at the fore, the token is recovering lost ground and working toward higher price levels. This positivity around its price trend has generated enthusiasm among investors and traders.
At the time of writing, the token is trading at $2.44, up 1.36% in the last 24 hours. The 24-hour trading volume is $10.53 billion, while the market capitalization is $139.42 billion. This proves that the token has continued to be resilient and among the leading digital assets.
XRP’s Ambitious Targets: $3 in 2024, $10 in 2025
Prominent voices in the crypto community have shared bullish projections for the token’s future. Key technical indicators and ambitious predictions have fuelled this excitement within the community.
Dark Defender, a popular crypto enthusiast, recently pointed to some key technical levels for XRP: On the 4-hour timeframe, XRP has already confirmed a breakout, and the daily would confirm further strength if XRP manages to stay above $2.52.
Following this, the token could have immediate targets of $2.72, with further short-term milestones of $5.85 and $8.76. They also highlighted the key support levels at $2.29, $2.24, $2.10, and $2.02 for giving away to the trader in the volatile market.
Meanwhile, another prominent analyst, BarriC, has stated that he is very optimistic about significant gains in the near future. According to his analysis, XRP could reach $3 by the end of 2024. They remained confident that $10 would be a realistic target for XRP in 2025, reflecting his belief in the long-term growth potential for Ripple.
Their confidence is due to their strong market fundamentals and ability to capitalize on favorable market conditions. Social media is exploding with discussions on different technical milestones, price predictions, and trading strategies. The community is highly confident, and this confidence has recently been boosted by price movements and positive sentiment in the broader market.
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