CandleFocus

XRP Can Reach $1.2T Cap, Top Analyst: Here’s What XRP Would Look Like in Such a Case

According to technical analyst CrediBULL, XRP could reach a market cap of $1.2 trillion as the bull run continues into the new year. Although XRP experienced a surge of nearly 500% in recent weeks, it has struggled to maintain momentum around the $2 mark. CrediBULL advised holders to focus on the bigger picture and ignore short-term fluctuations, stating that the market outlook for XRP is bullish. CrediBULL referred to a historical chart, suggesting the possibility of XRP reaching $22 in the first quarter of 2025, which would require an 820% increase from its current level. However, he cautioned that the chart does not show time and price in exact proportion and advised taking things step by step. When asked about potential triggers for XRP's price beyond the chart, CrediBULL stated it is difficult to know the exact driving force and that it is best to focus on the chart and market structure.

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