XRP price continues to sink into the red as investors appear to be taking a break from trading due to the holiday mood. However, as the cryptocurrency remains above the $2 support level, experts remain optimistic about its long-term prospects. A leading expert recently predicted that XRP could see a major price increase by 2025, taking the coin to a new high of $11.
XRP Price Targets $11
XRP is likely to end the year on a low note after experiencing a strong growth in the past few months. However, experts remain positive on the coin, highlighting growing confidence in the asset amid positive market signals.
In particular, leading expert Ali Martinez recently said that XRP is preparing for a major price increase. In a recent post on the X platform, Martinez noted that “one of the most promising patterns” for XRP has emerged as we enter the new year. He predicted that this pattern could take XRP to $11 in the next few months.
This prediction is in line with other experts who have also suggested that XRP is likely to recover in the coming period. Notably, crypto market expert EGRAG CRYPTO recently said that XRP could target $4 if it stays above the current $2 support level.
On the other hand, other positive developments in the market also suggest that XRP is in for a strong rally. Specifically, many investors expect that the XRP lawsuit will be dismissed under the new US SEC Chairman Paul Atkins. If this turns out to be true, investor optimism could be boosted, leading to a rise in XRP’s price.
