After two years of struggling, Ripple (XRP) has skyrocketed 258% in 2024. Ahead of Christmas, analysts are predicting a further surge. Could this surge mark XRP as a must-buy cryptocurrency before the holidays?
XRP has struggled within the last week due to an overarching market downturn. Prior to this weekend’s start, Ripple’s cryptocurrency was down 7% in the week. Ripple’s recent launch of RLUSD hopes to be a catalyst for the price to climb into the new year, with plenty of analysts still bullish. CoinCodex analysts in particular are still firm believers in XRP, encouraging users to buy in before Christmas.
CoinCodex analysts predict an 80% surge for XRP in 2025, mimicking the recent surge of the asset in 2024. By April, the analysts suggest that XRP could hit a maximum of $4 if the asset performs at its best. CoinCodex projects an average price of $ 3.17, with the token remaining at its current price at the bare minimum. This is great news for investors who don’t want to lose too much risking an early XRP investment for Christmas. While this is just one prediction, multiple analysts in the crypto world are also bullish on XRP’s future in 2025.
Source: Trackinsight
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RLUSD is expected to be a big player in XRP’s growth in 2025, as the Ripple stablecoin gains traction. Furthermore, XRP is also a potential suitor for the next crypto ETF, with multiple asset managers waiting on approval of their ETF for the coin. Bitcoin was able to surge nearly 100% in the months following its ETF approval, thus, XRP believers are bullish that they will see the same.
In terms of a near-term prediction, XRP is all set to close its 3-day candle, rising above the $2.3 price mark that it’s currently stuck in, per Egrag Crypto. The expert has also noted how this is a major bullish marker for XRP, which can catapult its price to reach a new high mark by 2025. The $2.62 price mark appears to be the next near-term goal for XRP to reach.
