XRP Up 0.753% Amidst Bullish and Bearish Predictions

XRP's latest price was $2.33, up 0.753% in the last 24 hours. The cryptocurrency has been the subject of various analyses and predictions within the crypto community. A well-known cryptocurrency analyst has observed technical and fundamental factors that could validate a potential price surge for XRP. The analyst highlighted the relationship between the 21 EMA and the 33 SMA as a key indicator. A bearish cross between these moving averages on the weekly chart could signal a major trend shift, potentially leading to a bearish outcome for the altcoin. Historical trends from May 2018 and November 2021, where similar crosses were observed, resulted in significant price drops of 87% and 72%, respectively. The analyst suggested that the next major drop could send XRP down by 79.5% from the bearish cross point. Conversely, the analyst also pointed out bullish possibilities, stating that the technical chart patterns could trigger another price rally for XRP, potentially placing the asset at a never-before-seen price value of $27.

BarriC, a prominent voice in the XRP community, has issued a cautionary message to skeptics, suggesting they may ultimately miss out on substantial returns if XRP achieves its long-term price targets. BarriC has consistently argued that XRP is capable of reaching price levels many consider unrealistic, including valuations between $10 and $1,000. He pointed to XRP’s historic surge during the 2017 bull market, when the asset rose from roughly $0.006 to over $3, an increase of more than 500 times. He argues that this historical precedent supports the possibility of another substantial rally in the future, even if the timeline remains uncertain. BarriC maintains that doubting XRP’s potential is short-sighted and suggests that the same disbelief seen during Bitcoin’s early days is now being directed at XRP. He believes that those who remain skeptical could find themselves excluded from future gains.

Despite moderate gains in recent weeks, XRP continues to underperform relative to other major cryptocurrencies, prompting renewed analysis from within the community. One prominent XRP-focused commentator has suggested that a key factor, token velocity, could explain the asset’s lagging price movement. Token velocity is an economic metric that measures how frequently a digital asset changes hands over a specific period. A high velocity suggests that the asset is actively traded, while a lower value indicates that holders are more inclined to retain it. The analyst argues that a higher velocity exerts downward pressure on price because it implies frequent selling activity. When more holders are willing to retain their tokens rather than trade them, supply becomes constrained, which can support upward price movement. XRP’s design contributes directly to its high velocity. Built for speed and cost-efficiency, the XRP Ledger was intended to facilitate fast transactions, especially within cross-border payments. Many institutions using Ripple’s solutions, such as banks and remittance providers, typically purchase XRP to process transactions and then sell it shortly after. This transactional behavior differs from Bitcoin, which is often viewed as a long-term investment, or Ethereum, which benefits from staking and decentralized finance activity that encourages holding. By contrast, XRP’s use in rapid payment settlements keeps it in continuous circulation. Adding to this dynamic are periodic token releases from Ripple’s escrow, which further increase the circulating supply and sustain high transaction volumes.

To address this challenge, the analyst proposed several ideas aimed at decreasing token velocity and encouraging longer-term holding. One approach involves implementing staking rewards on the XRP Ledger. This would provide holders with incentives to lock up their tokens, reducing market supply and potentially supporting price increases. The analyst emphasized, however, that staking alone may not be sufficient. He pointed to the tokenization of real-world assets, such as property, commodities, and private equity, as a more impactful development. By using XRP in tokenization processes that require extended holding periods, velocity could be reduced, thereby enhancing scarcity and potentially driving price appreciation. He also cautioned against the assumption that XRP’s role in payments alone will significantly increase its value. While the asset performs well in transaction processing, he argued that broader adoption through tokenization would provide a more sustainable and scalable source of demand.

A crypto analyst has predicted that the XRP price could increase by a staggering 1,700% over the next two months. If accurate, this explosive move could catapult the altcoin well above its current all-time high of $3.84, marking a historical moment and reigniting investor excitement amidst the volatile market. Egrag Crypto, a prominent crypto analyst, has presented a striking forecast for the XRP price in an analysis. According to the post, the token could be on the verge of replicating one of its most legendary historical price surges, with the potential to rise by 1,700% over the next two months. At the heart of this bullish price prediction is a comparative study of XRP’s meteoric rally in 2017, when the altcoin surged by over 1,772.13% in just 63 days beginning from October 30. Egrag Crypto has overlaid this historical surge with current market behavior, and according to the analysis, the altcoin is showing uncanny similarities to its 2017 bullish setup and could end up completely repeating this pattern. The analyst’s chart features an expansive Fibonacci circle framework, with concentric arcs possibly representing future zones of resistance and support. Within this macro pattern, XRP is forming a triangular consolidation, just like it did in its previous ATH breakout. The chart identifies July 21, 2025, as a potential cycle top for XRP, placing the altcoin within a similar 63-day window that previously preceded its rally to all-time highs. If history repeats, it could be poised for an explosive rally, targeting the $28 level—a price that extends far beyond former ATHs. Major Fibonacci levels have also been marked on the chart. A breakout of the 1.0 Fib around $3.35 is seen as a gateway for exponential growth, with additional targets placed at $8.489 (1.272 Fib), $13.79 (1.414 Fib), and an eventual moonshot toward $27.68 based on the 1.618 extension. While the macro view of Egrag Crypto’s XRP price chart showcases a stage for a grand rally, zoomed in, the chart shows that the altcoin is currently consolidating within a Symmetrical Triangle pattern. The chart also shows that the 21-week Exponential Moving Average (EMA), situated near the $2.3 price level, is acting as a vital support area and last line of defense for the altcoin.