Particularly for $ 0.50, XRP Coin has become an important portfolio winner at the end of 2024. In particular, after spending most of the bull market around 50 cents, Token rose from the beginning of November. In this process, on January 17, 2025, he recorded the highest level of all time.
Why could XRP Coin go towards a 52 %collapse?
Ripple’s local token XRP Coin, this rise, on November 1, such as a late 1,000 dollars worth of token investors who bought $ 6,490,19 dollars less than a month ago. Nevertheless, XRP’s performance has been less bright since then. Because, with a price of $ 2.50 (YTD) 14 %in the year until today, the value of the same investment decreased to $ 4,725.49. This led to speculation as to where the XRP could go after that and whether it can reach even higher levels in the long -awaited ‘Altseason’.
A crypto currency analyst known as Harold_123 in TradingView shared his assessment. Thus, perhaps some investors shocked the estimation that Token may fall up to 52 %in the coming weeks. Considering the price of $ 2.50 compared to the press time of XRP, such a decrease means that the token may fall up to $ 1.20 in the near term.
XRP price estimation. Source: Harold_123First, the explosion, then the explosion!
However, this prediction also offers a light of hope. In particular, token’s end of 2024 and the beginning of 2025 and the last full bull cycle in 2017 is based on similarities. In both cases, the analyst says that the rally followed a long -lasting ‘triangular consolidation’ and then a break. If similarities continue, the XRP Coin may face the above -mentioned correction in the near term. Again, when we look at historical performance, such a collapse will not indicate the last collapse of the cycle.
Instead, the analyst argues that after being traded at a low price for a while, token may turn to new peaks and that a speculative value may rise to 26 dollars according to the determined fibonacci values.
Can XRP Coin enjoy a larger rally in 2025?
This estimate is partly compatible with the estimates of other analysts. For example, experienced analyst Ali Martinez said that 8,40 dollars is the highest value targeted by the XRP, but it was a challenging situation for an increase up to $ 48.12.
Nevertheless, it should be noted that the estimates so far will be based on different forms of technical analysis, crypto currency will probably perform similar to past cycles, and the acceleration created by Gary Gensler’s resignation from SEC. XRP’s recent performance may have invalidated some hopes and analyzes, but the regulatory momentum is also the suspect in the press time: The Crypto’s approval has been on the rise, but the crypto currency was actually emptied as the president of the SEC on January 20 22 %below the ground.
