The XRP price has been showing signs of bullish momentum in the crypto market, with buying trends and social media mentions indicating a strong positive sentiment towards XRP. Despite a price rejection at $2.9 earlier this month, the bullish sentiment has remained intact. Crypto analyst Cryptoinsightuk recently shared a timeline for bullish XRP price levels, predicting a $5 target in the next two weeks and double digits by January to March 2025.
At the current trading price of around $2.5, XRP would need to double in value to reach the $5 target. This projected 100% increase, while significant, is not unprecedented compared to the November surge that saw XRP surging by over 285%. Reaching $5 would set new all-time highs for XRP, with the current all-time high at $3.4. Cryptoinsightuk’s bullish prediction extends beyond $5, suggesting that XRP could surpass $10 early next year.
A recent poll conducted by Cryptoinsightuk showed a strong bullish sentiment among participants, with only 8.3% predicting XRP to be under $2. The majority of respondents placed their bets on XRP trading between $2 and $3.30, with a significant portion anticipating a range of $3.30 to $5. Around 25.6% of voters believed XRP could exceed $5, reflecting confidence in a substantial rally. This poll result indicates a positive outlook for XRP’s price in the near future.
Currently, XRP is trading at $2.42, showing a 4.4% increase in the past 24 hours and a 14.5% increase over the past seven days. The price chart from Tradingview.com suggests that XRP is pushing for new highs, indicating potential for further growth in the near future. Overall, the market sentiment for XRP remains bullish, with analysts and poll results pointing towards a positive trajectory for the cryptocurrency’s price.
