XRP News Today: XRP Poised to Surpass 2018 High as Altcoin Momentum and Bitcoin Capital Rotation Drive Bullish Outlook

XRP’s potential to surpass its 2018 all-time high of $3.84 has gained traction among analysts, driven by favorable shifts in the broader altcoin market and capital reallocation from Bitcoin. The cryptocurrency currently trades around $3.21, having recently peaked at $3.66 year-to-date but remaining below its historical benchmark. Bitpanda’s deputy CEO Lukas Enzersdorfer-Konrad noted that sustained altcoin momentum and continued capital rotation from Bitcoin could “make a further move beyond the current all-time high not surprising” [1]. This sentiment aligns with CoinMarketCap’s Altcoin Season Index, which has transitioned from a “Bitcoin Season” to an “Altcoin Season” dynamic, signaling growing investor appetite for alternative cryptocurrencies [2].

Technical indicators reinforce the optimistic outlook. XRP remains above its 50-day exponential moving average, a key bullish threshold, while its relative strength index (RSI) hovers near neutral territory, indicating balanced buying and selling pressures [2]. These signals suggest the asset is neither overbought nor oversold, creating a favorable environment for upward movement. Analysts emphasize that XRP’s price trajectory remains contingent on broader market conditions rather than isolated catalysts. A 10% decline in the last 24 hours highlights short-term volatility, but experts caution that this does not negate the potential for a rally [1].

The decline in Bitcoin dominance—falling over 5% in the past month—further supports XRP’s case. As capital shifts into altcoins, XRP’s performance increasingly mirrors the sector’s collective momentum. This trend is critical for the cryptocurrency, which Enzersdorfer-Konrad described as “highly sensitive” to altcoin sentiment and regulatory developments [2]. Institutional validation has also bolstered confidence, with the United Nations Capital Development Fund (UNCDF) recognizing XRP’s utility in cross-border transactions in 2024 [3].

Price forecasts vary, but bullish scenarios depend on sustained market dynamics. Crypto analyst Dom projects a potential rise to $7–$10, contingent on broader altcoin strength [2]. DeepSeek AI, a China-based model, anticipates XRP reaching $7 by late 2025, citing its role in global payments and growing institutional interest [3]. However, these projections remain conditional on macroeconomic catalysts and regulatory clarity, such as the resolution of Ripple’s legal challenges with the U.S. Securities and Exchange Commission (SEC). The 2023 court ruling, which cleared XRP of securities classification for retail sales, and the recent conclusion of SEC litigation have reduced legal uncertainty [3].

Market structure analysis further strengthens the case. Tokenized real-world assets (RWAs) on the XRP Ledger grew 2,260% over six months, from $5 million to over $118 million, reflecting enhanced adoption in asset tokenization [5]. This growth underscores XRP’s evolving utility beyond speculative trading. Additionally, XRP’s performance often correlates with Bitcoin’s momentum, with analysts noting that altcoin markets historically follow Bitcoin’s lead during bull cycles [3].

While forecasts paint an optimistic picture, volatility remains a key risk. A short-term correction to $3.60 could test resilience, but a clean breakout above this level may trigger higher price targets. Regulatory clarity, institutional inflows, and sustained altcoin enthusiasm will be pivotal in determining whether XRP can break past its 2018 peak. Investors are advised to monitor Bitcoin’s behavior and altcoin market breadth as critical indicators of XRP’s trajectory [1].

Sources:

[1] Coinotag. XRP Could Potentially Surpass 2018 High If Broader Altcoin Market Momentum Continues https://en.coinotag.com/xrp-could-potentially-surpass-2018-high-if-broader-altcoin-market-momentum-continues/

[2] tradingnews.com. XRP Price Forecast - Targets $6 as ETFs, Breakout Fuel Bull https://www.tradingnews.com/news/xrp-usd-price-forecast-eyes-6-point-19-usd-and-10-usd

[3] Cryptonews. China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Cardano by the End of 2025 https://cryptorank.io/news/feed/14283-chinas-deepseek-ai-predicts-the-price-of-xrp-dogecoin-and-cardano-by-the-end-of-2025

[5] CoinJournal. XRP gains momentum as real-world assets on XRPL rise https://coinjournal.net/news/xrp-outlook-bullish-as-tokenized-rwas-on-xrpl-skyrocket-2260/