- Analysts projected a $5-$7 price target for XRP in 2025.
- Will FOMO and ETF approval fuel the projection?
Despite a recent slight dip, Ripple [XRP] still held up its +400% monthly gains as some analysts remain bullish with a $5-$10 price target in 2025.
According to Santiment, FOMO has slightly tapered after the altcoin’s massive rally, and the altcoin’s current neutral sentiment suggested potential gains. The blockchain analytics firm stated,
“The silence toward these top caps should be considered an encouraging sign that FOMO won’t be interfering with any further climbs… at least not yet.”
Source: Santiment
2025 targets for the alt
But how far can it go from here? At the time of writing, the coin was valued at $2.6 after slipping below $2.4 on the 3rd of December.
But it was still above its previous cycle high of $2, a signal of strength and the possibility of pushing higher.
Crypto analyst Jacob Canfield said the altcoin could surge to $6.6, driven by market FOMO in 2025. He said,
“This would put the price around $6.60, exactly 2X the value of it’s previous high. I think this is probably the ideal *FOMO* target and would stop thinking double digits or higher and is very logical.”
AMBCrypto asked Arthur Azizov, CEO of B2BINPAY, an all-in-one crypto ecosystem for businesses, about XRP’s 2025 targets.
Azizov told AMBCrypto that the altcoin could hit $5-$7 next year, citing a likely pro-crypto SEC chair and XRP ETF approval. He said,
“Four big players have already filed for XRP ETFs, with WisdomTree submitting its request just yesterday. If SEC regulations ease, we could see these ETFs launch by 2025.
He added,
“I think XRP has a strong chance of hitting its all-time high by the end of this year, and in the first half of 2025, it could potentially climb to $5–$7.”
XRP supply remains low
So what’s the selling pressure, especially from Upbit, which had more XRP holdings than Binance?
Source: CryptoQuant
Read Ripple [XRP] Price Prediction 2024-2025
In the past month, the exchange reserve on Upbit declined to 6.15B from 6.67B tokens. That meant nearly $1.35B was withdrawn from Upbit, a bullish cue that holders expected another rally, perhaps an XRP ETF approval.
How the price will react to the SEC decision on XRP ETF applications remains to be seen.
