The price of XRP continued to hold above $2, reinforcing the optimism of those market analysts who believe in the coin’s long-term potential.
Although last week saw a solid decline from XRP, experts claim that in 2025, XRP could enjoy a big rally when its price jumps to $11. This optimistic forecast is due to favorable technical settings as well as developments in the SEC lawsuit.
XRP price is targeting a big rally
At the time of writing, XRP was trading at $2.07 with a market cap of $118.9 billion and a 24-hour trading volume of $5.61 billion.
The token has lost 6.87 percent over the past seven days, trading between $2.01 and $2.34. Despite this short-term decline, analysts remain positive about XRP’s long-term prospects.
But Martinez, a crypto analyst, recently highlighted one of the “most promising setups” for XRP, predicting a potential rally to $11 in 2025.
Martinez said conditions on the daily chart suggest the cryptocurrency is set for a big price move as the market enters the New Year.
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The SEC’s development of lawsuits encourages optimism
Ripple’s ongoing legal battle with the SEC could be a catalyst for the XRP price to rise. Incoming SEC Chairman Paul Atkins may have many in the market believing the case will be dismissed.
If this happens, it could strongly boost the price of XRP and boost investor confidence.
The lawsuit was a significant factor affecting XRP’s performance, creating uncertainty for investors.
However, growing optimism regarding a favorable resolution has positioned XRP as one of the key assets to watch in 2025.
A dismissal of the case or a positive outcome could stimulate renewed interest and demand.
Technical indicators signal a bullish momentum
The price of XRP appears to be on the verge of a breakout, and technical analysis confirms this. The Bollinger Bands on the daily chart of XRP are narrowing.
This usually precedes increased volatility and the possibility of price movements, Martinez noted. This implies an imminent rally.
Furthermore, open interest in XRP futures also rose 0.45 percent to $1.98 billion, according to data from Coinglass. This represents growing speculative activity and interest from traders.
A spike in open interest often indicates market participation, but it can also reveal inevitable short-term price volatility.
Long Term Outlook and XRP Price Targets
Key price targets for XRP include $11 by 2025, experts added, with intermediate levels of $12 and $15. The bullish momentum was internationally accepted as it broke through the critical resistance level of $10.
Being in a position of favorable technical patterns, strong market activity and optimism in the case of the SEC, the price of XRP has all the right ingredients for growth.
As these factors combine, cryptocurrency will remain a major target for analysts and investors in 2025.
