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- XRP closed above $2 for the first time in 2024, showing an annual gain of 370% and raising optimism for further growth under a favorable regulatory outlook.
- Analysts predict potential XRP price targets of $6.4, $13, and $27 in 2025, driven by technical indicators and market momentum.
XRP it ended 2024 on a high, securing its first annual close above $2. This achievement is a major step forward in the asset’s ability to recover from years of decline in the cryptocurrency market as a whole. Analysts now speculate that XRP could reach unprecedented levels in 2025, driven by a favorable regulatory outlook and technical momentum.
XRP Performance in 2024: A Strong Comeback
In 2024, XRP prices increased by more than 370%. Starting at $0.61511, the asset rose to $2.90550 during the year, but closed at $2.07924. This was the first time that XRP closed above $2, showing that it is back on the radar as one of the top performers digital currency for the year. Although it has not risen above its 2018 high of $3.84, the asset has shown a sustained performance and has once again attracted the attention of investors.
It was synchronized with the positive sentiment about the new laws related to the incoming US administration. During the US presidential campaign, Republican candidate Donald Trump expressed many pro-crypto views. He appointed Paul Atkins, a former member of the US SEC, as the head of the commission. This environment has left XRP in the category of potential further growth.
Analyst projections for 2025
Prominent crypto analyst EGRAG has outlined ambitious price targets for XRP in 2025, using the linear regression channel indicator and Fibonacci extensions. These tools analyze the historical price trends and potential breakout levels and suggest several key turning points for XRP in the coming months.
EGRAG predicts that XRP could reach $6.4 in the first quarter of 2025, aligning with the Fibonacci extension level of 1.618. If the asset crosses the upper limits of the channel, a subsequent target of $8.5 appears, supported by the 1.272 level of the secondary Fibonacci expansion. Intermediate targets near $4.4, which corresponds to the Fibonacci level of 1.414, are also foreseen.
For November 2025, EGRAG predicts two potential highs: $13 and $27. Based on the 1,414 and 1,618 levels of the second Fibonacci expansion, these projections represent what analysts call the “top of a blown cycle.” This phase can be characterized by dramatic price spikes followed by sharp corrections. While these projections remain speculative, they have fueled significant interest in XRP’s potential.
Current market position
XRP started 2025 on a positive trajectory, trading at $2.14, up 5% in the last 24 hours. This performance puts it in first place among the leading cryptocurrencies by market capitalization.
A combination of favorable regulatory development and strong technical indicators suggests that XRP may continue its upward momentum. However, whether the asset will be able to achieve the ambitious targets set for 2025 remains dependent on broader market conditions and investor sentiment.
