XRP Price Prediction: Can XRP Reach $5 in the Near Future?

04-02-2025 By: Lokesh Gupta
XRP Price Prediction: Can XRP Reach $5 in the Near Future?

Ripple Price Prediction: What’s Fueling the Massive XRP Rally?

XRP saw extreme volatility on Monday, plunging nearly 40% to its lowest levels since November before rebounding. However, the cryptocurrency quickly recovered, closing the day with a 5% gain. This sharp price movement was triggered by former U.S. President Donald Trump's announcement of a proposed 25% tariff on Mexican and Canadian imports, which he later temporarily withdrew.

The resulting market reaction sent shockwaves through global markets, including cryptocurrencies, leaving behind a notable hammer formation (bullish pin bar) on XRP’s chart. This pattern signals strong buying interest and a rejection of lower price levels, particularly below the critical psychological mark of $2.

Key Support and Demand Zones for XRP

Currently, XRP is testing a strong support level at $2.2670, a crucial demand zone that has historically provided a solid foundation for price action. If this level holds and XRP gains momentum, it could set the stage for a bullish continuation. Based on historical trends and technical indicators, potential upside targets include $3.2300, $3.7440, and $4.3349.

XRP Price Chart

Analyst Predictions: What’s Next for XRP?

According to market analyst Javon Marks, XRP is maintaining its position above the pivotal $2.47 support level, which indicates the possibility of a substantial upward movement. If XRP sustains this level, it could pave the way for its next target at $4.804, representing a potential 75% price surge.

XRP price

Similarly, expert Dark Defender provides a long-term perspective, noting that XRP has completed its 4th Wave in the Intermediate Cycle (marked in dark blue) and is now targeting $5.85 in the 5th Wave. On a larger scale, the Primary Cycle Waves (marked in light blue) suggest an ambitious price target of $18.22. This forecast aligns with Dark Defender’s long-standing projections, dating back to July 23, when XRP was still trading in the $0.40–$0.50 range.

Dark Defender

Can XRP Reach $5 in the Near Future?

The recent price recovery, coupled with bullish technical indicators like the hammer candlestick pattern, supports the argument for an upward trajectory. DeepSeek AI, a predictive analytics platform, suggests that XRP price could trade in the $3.50 to $5.00 range by late 2025. This forecast is contingent on two key factors: a favorable resolution in Ripple’s ongoing legal battle and increased institutional adoption through its On-Demand Liquidity (ODL) platform.

Final Thoughts: Is XRP Poised for a Bull Run?

With strong technical support, bullish market sentiment, and positive institutional developments, XRP appears well-positioned for an upward rally. The cryptocurrency market remains highly volatile, but if key support levels hold and external factors align in XRP’s favor, reaching $5 or beyond seems plausible in the coming months. Investors should closely monitor price action and broader market trends to make informed decisions as XRP continues its journey toward potential new highs.

Also read: Ethereum Price Prediction: What’s Driving ETH’s Surge?
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