TL;DR
<ul>
 <li>XRP recovered to $2.18 after dropping below $2 last week, with analysts predicting a potential rally.</li>
 <li>While some foresee the asset reaching $100 in the future, achieving this would require an unrealistic market cap exceeding $5 trillion.</li>
</ul>
<h2 id="span-a-href-https-cryptopotato-com-wp-content-uploads-2024-12-xrp_cb-75-jpg-rel-noopener-noreferrer-nofollow-a-span"><a href="https://cryptopotato.com/wp-content/uploads/2024/12/XRP_CB-75.jpg" rel="noopener noreferrer nofollow"></a></h2>
<h2 id="xrp-rally-incoming">XRP Rally Incoming?</h2>
The cryptocurrency market correction, which started last week, negatively affected numerous leading digital assets. Ripple’s XRP is one of those, with its price plunging from $2.70 on December 17 to under $2 a few days later. Recently, the bulls recovered some lost ground, pushing the asset’s valuation to the current $2.18.
<figure style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/12/XRP-Price-11.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2024/12/XRP-Price-11.png" alt="XRP Price" width="576" height="400"></a>
 <figcaption>
 XRP Price, Source: CoinGecko
 </figcaption>
</figure>
Despite the fluctuations, multiple analysts on crypto X continue to predict new peaks for XRP in the short term. Mikybull Crypto, for instance, <a href="https://x.com/MikybullCrypto/status/1872549790535598571" target="_blank" rel="noopener noreferrer nofollow">claimed</a> that XRP’s chart “is looking spicy on its current retest,” expecting a rise to a new all-time high of $4.&nbsp;
For their part, EGRAG CRYPTO presented two possible scenarios. The analyst <a href="https://x.com/egragcrypto/status/1872232333874446488" target="_blank" rel="noopener noreferrer nofollow">assumed</a> XRP could head toward lower targets if it tumbled below $2. On the other hand, breaking above $2.65 could mean that “fireworks will ignite.”&nbsp;
The X user with moniker Coach, JV also chipped in. Several days ago, they <a href="https://x.com/Coachjv_/status/1870889581224288754" target="_blank" rel="noopener noreferrer nofollow">claimed</a> that XRP would be one of those cryptocurrencies that investors will regret not buying now:
<blockquote>
 “XRP will be one of these assets where people will say, “I could have bought XRP at $2, $5, or $7, and will FOMO in at $100.” The beauty in this. Everyone will win in the long run! It’s the short-term mindset that destroys portfolios!”
</blockquote>
It is important to note that reaching a whopping target of $100 will require XRP’s market cap to skyrocket above $5 trillion. As of this writing, the entire capitalization of the crypto sector is less than $3.5 trillion, making the forecast quite unplausible (to say the least).
<h2 id="span-previous-predictions-span">Previous Predictions</h2>
Other industry participants who weighed in recently include the X users Crypto Bitlord and CrediBULL Crypto. The former <a href="https://cryptopotato.com/is-ripple-xrp-gearing-up-for-a-christmas-rally-analysts-weigh-in/" target="_blank" rel="noopener noreferrer nofollow">believes</a> “the final pump for 2024 is loading,” speculating that the price might rally to as high as $12 next month.
CrediBULL Crypto told his 450,000 followers on X that “the XRP/BTC chart looks absolutely fantastic” and “the most bullish-looking chart in the entire space.” As such, the analyst <a href="https://x.com/CredibleCrypto/status/1871457129174798716" target="_blank" rel="noopener noreferrer nofollow">said</a> they will look to open a long position in the coming days.
The post <a href="https://cryptopotato.com/top-ripple-xrp-price-predictions-as-of-late-6/" rel="noopener noreferrer nofollow">Top Ripple (XRP) Price Predictions as of Late</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Top Ripple (XRP) Price Predictions as of Late

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