{"id":674398,"date":"2025-01-13T06:00:00","date_gmt":"2025-01-13T06:00:00","guid":{"rendered":"https:\/\/uniquehot.com\/?p=674398"},"modified":"2025-01-13T07:53:45","modified_gmt":"2025-01-13T07:53:45","slug":"xrp-at-15-analyst-looks-back-to-2017-to-predict-the-future","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/xrp-at-15-analyst-looks-back-to-2017-to-predict-the-future\/","title":{"rendered":"XRP At $15? Analyst Looks Back To 2017 To Predict The Future"},"content":{"rendered":"

XRP is presently the focus of interest in the cryptocurrency market, with many speculators forecasting a large price increase in the months ahead. As of January 13, 2025, XRP is trading about $2.39, following a significant recovery from a previous slump.<\/p>\n

Analysts are optimistic, predicting that if XRP<\/a> can reproduce even half of its amazing 2017 run, it might reach $15.<\/p>\n

Related Reading: Bitcoin To $350,000? Top Crypto Influencer Makes Bold Prediction<\/a><\/div>\n

The Path To $15<\/h2>\n

XRP’s prospective price of $15 is not a random assumption; it is based on historical performance and current market factors. In 2017, XRP had an incredible rise of more than 1,300%. If it can follow a similar path this time, a $15 price tag is within reach.<\/p>\n

Market expert Bobby A notes that XRP’s current moves are similar to its previous history, which frequently precedes large upward increases.<\/p>\n

\n

XRP appears to be cutting its percentage point increases in half compared to its 2017 market cycle.<\/p>\n

From its range-high breakout in 2017, as illustrated by the horizontal black dashed line above, XRP initially appreciated by 629%. From its range-high breakout in 2024, XRP has\u2026 pic.twitter.com\/Cz7guxjFus<\/a><\/p>\n

\u2014 Bobby A (@Bobby_1111888) January 1, 2025<\/a><\/p><\/blockquote>\n

\"\"<\/p>\n

Factors Driving The Surge<\/h2>\n

There are a number of reasons for the present upbeat sentiment around XRP. One is the changing political climate in the US following Donald Trump’s reelection<\/a>, which many believe will lead to more pro-crypto legislation.<\/p>\n

The second is the hiring of pro-crypto SEC commissioners, who may settle unresolved legal matters<\/a> for XRP’s creator, Ripple. For institutional investors, who have been reluctant to enter the market because of ongoing legal battles, this legislative stability is essential.<\/p>\n

\"\"
XRP market cap currently at $141.5 billion. Chart: TradingView.com<\/a><\/figcaption><\/figure>\n

The altcoin has also become a feasible medium of exchange for international payments, solidifying its position as a pioneer in financial innovation. Ripple’s expanding alliances with major financial institutions increase trust and interest in XRP as a useful payment method.<\/p>\n

Resistance Levels And Market Trends<\/h3>\n

Despite the euphoria, analysts are warning that XRP has significant resistance above $2.45. This has been a both support and resistance level in past cycles. The breaking of this barrier may unlock more price rallies that may eventually reach prices at $2.75-3.0. According to analysts, higher trade volumes will be very crucial in resolving this challenge.<\/p>\n

Related Reading: $7,000 Ethereum In Sight? Expert Breaks Down The Potential Path<\/a><\/div>\n

In recent weeks, XRP has proved resilient enough to rise from earlier lows by 15%. Although there have been short-term drops, the recovery validates the optimism level of investors regarding long-term chances for XRP.<\/p>\n

Bobby A’s analysis presents a gently optimistic picture of XRP based on past performance and present market conditions. If XRP can maintain its upward trajectory and surpass past defined resistance levels, he believes it may approach significant pricing benchmarks not too long off.<\/p>\n

XRP is clearly in an excellent position for possible breakthroughs<\/a> as 2025 progresses. While some analysts are more practical and believe the price will only hit $5 by the end of the year, others believe it will reach $15, or even more.<\/p>\n

Featured image from DALL-E, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

XRP is presently the focus of interest in the cryptocurrency market, with many speculators forecasting a large price increase in the months ahead. As of January 13, 2025, XRP is trading about $2.39, following a significant recovery from a previous slump. Analysts are optimistic, predicting that if XRP can reproduce even half of its amazing 2017 run, it might reach $15. Related Reading: Bitcoin To $350,000? Top Crypto Influencer Makes Bold Prediction The Path To $15 XRP’s prospective price of $15 is not a random assumption; it is based on historical performance and current market factors. In 2017, XRP had an incredible rise of more than 1,300%. If it can follow a similar path this time, a $15 price tag is within reach. Market expert Bobby A notes that XRP’s current moves are similar to its previous history, which frequently precedes large upward increases. XRP appears to be cutting its percentage point increases in half compared to its 2017 market cycle. From its range-high breakout in 2017, as illustrated by the horizontal black dashed line above, XRP initially appreciated by 629%. From its range-high breakout in 2024, XRP has\u2026 pic.twitter.com\/Cz7guxjFus \u2014 Bobby A (@Bobby_1111888) January 1, 2025 Factors Driving The Surge There are a number of reasons for the present upbeat sentiment around XRP. One is the changing political climate in the US following Donald Trump’s reelection, which many believe will lead to more pro-crypto legislation. The second is the hiring of pro-crypto SEC commissioners, who may settle unresolved legal matters for XRP’s creator, Ripple. For institutional investors, who have been reluctant to enter the market because of ongoing legal battles, this legislative stability is essential. The altcoin has also become a feasible medium of exchange for international payments, solidifying its position as a pioneer in financial innovation. Ripple’s expanding alliances with major financial institutions increase trust and interest in XRP as a useful payment method. Resistance Levels And Market Trends Despite the euphoria, analysts are warning that XRP has significant resistance above $2.45. This has been a both support and resistance level in past cycles. The breaking of this barrier may unlock more price rallies that may eventually reach prices at $2.75-3.0. According to analysts, higher trade volumes will be very crucial in resolving this challenge. Related Reading: $7,000 Ethereum In Sight? Expert Breaks Down The Potential Path In recent weeks, XRP has proved resilient enough to rise from earlier lows by 15%. Although there have been short-term drops, the recovery validates the optimism level of investors regarding long-term chances for XRP. Bobby A’s analysis presents a gently optimistic picture of XRP based on past performance and present market conditions. If XRP can maintain its upward trajectory and surpass past defined resistance levels, he believes it may approach significant pricing benchmarks not too long off. XRP is clearly in an excellent position for possible breakthroughs as 2025 progresses. While some analysts are more practical and believe the price will only hit $5 by the end of the year, others believe it will reach $15, or even more. Featured image from DALL-E, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":674404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,428,6664,3680,9848,4531],"class_list":["post-674398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-bitcoin","tag-crypto","tag-ripple","tag-trump","tag-xrp"],"acf":[],"yoast_head":"\nXRP At $15? Analyst Looks Back To 2017 To Predict The Future<\/title>\n<meta name=\"description\" content=\"XRP is presently the focus of interest in the cryptocurrency market, with many speculators forecasting a large price increase in the months ahead. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP At $15? 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