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15.05.2025 16:00:16

XRP Reverses Course—New All-Time High Looks Unstoppable, Analyst Says

XRP has pushed past $2.60 again this week, marking its second break above that level in just a few days. The token is up 17% over the last seven days as traders set their sights on the $3 mark.Based on reports from well‑known trader CryptoWZRD, a fresh all‑time high could be around the corner. But what stands behind these bullish calls, and how realistic are they?Historical Patterns Point HigherAccording To CryptoWZRD, XRP’s climb follows a familiar script. He highlights two long phases of calm price action—in 2014–2017 and again since 2018—that were each followed by big rallies.After holding as low as $1.60 in the recent downturn, XRP is now up 60% from that trough to return to $2.47, when this article was made. His chart suggests that this leg could carry XRP past the $5.00 mark. If that plays out, the token would more than double from today’s levels. THE ONLY WAY IS UP Grinding higher.. $XRP held its ground but not only that has reversed, stop fighting it.. a new all time high is inevitable Patience Pays.. pic.twitter.com/ebqPJmDiso— CRYPTOWZRD (@cryptoWZRD_) May 12, 2025Market Cap Could Eclipse EthereumBased on the analyst’s math, a $5.90 XRP would push its market cap above $345 billion. That sits just above Ethereum’s current $317 billion valuation. Flipping ETH might feel bold, but it’s worth noting that ETH bulls have piled back in.Ethereum jumped 30% over the past week—nearly twice XRP’s gain. So even if XRP finds room to run, it may face stiff competition on overall market share.Wider Community Weighs InOther analysts compared today’s roughly 5% market dominance to the 30% seen in early 2018, when XRP reached $3.84. They think a return to that share could drive the price past $10 this year.Bull Case Versus Bigger RisksNot Everyone is convinced that numbers tell the full story, though. Legal headwinds in the US still hang over XRP after its lawsuit with the SEC, and any setback there could send prices tumbling.Market experts painted a super‑bullish scenario too, saying that if the global crypto market hits $35 trillion, XRP could reach a $1.25 trillion cap—roughly $20 per coin. That’s a 750% jump from $2.60. But even seasoned investors know that giant leaps rarely happen without sharp pullbacks along the way.At this stage, traders have a clear choice. They can chase XRP as it tests new ground, or they can wait for a pause or pullback before jumping in. The token’s recent strength is real, but the road to fresh highs could be bumpy. Whether it’s $5.80 or even $20, odds are the journey will be anything but straight.Featured image from The Market Periodical, chart from TradingViewWeiter zum vollständigen Artikel bei NewsBTC

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