Ripple (XRP) has been one of the most popular and captivating cryptocurrencies in space. XRP is attention-grabbing in the sense that it has always charted its own price path, irrespective of the market dynamics that it was always pressured to adhere to. For instance, XRP’s legal spat with the US SEC was able to slow its momentum down, but ultimately, with the regime change, XRP gained immense traction, only to sit at a new price high of $2.40 at press time. Can it truly scale new price horizons very soon? One crypto analyst thinks so.
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New Super Trend Indicator Prediction for Ripple Indicates 470% Price Surge
Source: Investopedia
Ripple (XRP) has noted some spectacular price ascents as of late. At one time, the token was struggling to come out of the $0.50 price mark but is now proudly boasting a dollar profile. With the change in the US political regime, XRP has lately been projecting a bullish price ascension to new highs.
With the resignation of former SEC chair Gary Gensler on the cards in January, XRP’s price could hit new highs with new speculatory sprees gaining momentum. As Paul Atkins assumes the new role of the US SEC chair, the speculatory whims expect XRP ETFs to gain approval, alongside putting a stop to the years-long Ripple-SEC spat. These developments have also been contributing to XRP’s noteworthy price spikes as of late.
The last time the SuperTrend indicator flipped bullish on the 12-hour chart, $XRP went up 470%… It just flipped bullish again. pic.twitter.com/tqj40dO9nV
— Ali (@ali_charts) January 6, 2025
In the middle of this, Ali, a notable crypto analyst on X, has come up with a new interesting forecast. Ali shared how the super trend indicator on the Ripple price chart has been flipped open, signaling a 470% surge for XRP.
“The last time the SuperTrend indicator flipped bullish on the 12-hour chart, $XRP went up 470%… It just flipped bullish again. ”
Suppose Ripple continues to gain momentum and renewed market support. It could easily surpass the $3 price level to hit new price highs behind the $3 price threshold.
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The Token’s Immediate Future Price
According to CoinCodex, XRP could sit at a new price of $2.35 by the end of January 2025.
Source: CoinCodex
“According to our current XRP price prediction, the price of XRP is predicted to drop by -2.04% and reach $ 2.35 by February 6, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 78 (extreme greed). XRP recorded 16/30 (53%) green days with 5.65% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy Ripple.”
The token may hit $4 around March 2025, CC later adds.
Source: CoinCodex
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