Ripple (XRP) faces a series of speculations and legal challenges amid recent cryptocurrency market volatility, and is once again facing the challenge of reaching the $1 milestone. Amid this volatility, renowned market analyst Ash Crypto made headlines with his latest prediction, laying out a timeline for XRP to skyrocket to the $3 to $5 price range.
Timeline for XRP to reach $3 to $5
In its latest prediction, Ash Crypto lays out a timeline for XRP heading into the $3 to $5 range, pinpointing the potential timing of this significant price spike as between March and September 2025. It pointed out.
Currently trading at $0.577, the stock would need a significant upside of 426% to reach its forecast target. Despite this formidable rally, it is worth noting that even at $3, XRP would still be below the all-time high of $3.3 set during the 2021 bull market.
Notably, Ash Crypto is not the only one making bullish predictions for XRP. Other analysts, including Dark Defender and Jake Gagain, have also expressed confidence in XRP's ability to reach the $5 mark.
Notably, Dark Defender reaffirmed his conviction in December 2024, while Jake Gagain claimed last month that XRP could indeed claim a $5 price.
XRP is about to breakout
Another prominent crypto trader, EGRAG Crypto, provided an insightful analysis of XRP, focusing on the recent breakout patterns observed on the charts. The trader highlighted that this breakout is consistent with Fib 1, indicating a market cap of $90 billion and a price target of $1.63.
Meanwhile, this first target is a significant milestone for XRP and signals a bullish outlook for the cryptocurrency.
But what has really captured investors' attention is the next target outlined by EGRAG Cryptocurrency Fib 1.618, which has a staggering market cap of $284 billion and an expected price of $5.17 per XRP. equivalent. This ambitious goal signals the potential for XRP's value to increase exponentially, sparking optimism among holders and traders alike.
XRP price analysis
Meanwhile, XRP is currently trading at $0.577, with a slight drop in price over the past 24 hours, but its market cap remains at $31.78 billion.
