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The
price has recently drawn attention due to the stark contrast between analysts' forecasts and actual market movements. At the time of reporting, the token was trading below $2.94, a significant pullback from its recent high of $3.65 [1]. Analysts had earlier identified $3.60 as a short-term target, with some suggesting the price might rebound toward that level [1]. Despite this, the broader sentiment in the market remains divided between those who see near-term potential and those who project more ambitious, long-term price targets [1].Supporters of XRP have highlighted the token’s consolidation patterns, comparing them to its behavior in the $0.60 range earlier in 2024, where it remained range-bound for months before a surge fueled by political and regulatory developments [1]. Analysts such as Cobb argue that the $3 level could serve as a foundation for a future move toward $20, especially if favorable conditions arise, such as a shift in U.S. political leadership or changes in the regulatory landscape [1]. However, such claims remain speculative and rely heavily on future uncertainties.
Influencer John Squire has taken a bolder stance, projecting that XRP could reach as high as $134.50, based on the assumption that Ripple’s XRP Ledger could capture 20% of the real-world asset tokenization market by 2026 [1]. This scenario implies a potential market capitalization of nearly $8 trillion—over three times the current valuation of
[1]. Squire’s forecast, however, has been met with skepticism, as critics argue it depends on rapid and widespread adoption of tokenization and assumes a dominant market share for Ripple, both of which are uncertain at this stage [1].On the other hand, more moderate analysts have focused on technical indicators. Ali Martinez noted a potential buy signal near $2.80, suggesting that XRP was in the process of rebounding toward $3.60 [1]. This movement could bring the token close to its recent peak and potentially a new all-time high, assuming it can maintain upward momentum [1]. The $2.80 level is considered a crucial support, and traders are closely monitoring whether the price can sustain a recovery.
The divergence in perspectives highlights a broader debate within the XRP community. While some envision a path to $20 or even $134, others remain cautious, emphasizing the importance of short-term market conditions, adoption trends, and regulatory developments [1]. Institutional interest in XRP has also increased, with several asset managers filing for XRP-based ETFs—a move that could further influence the token’s price trajectory [1]. However, analysts warn that regulatory scrutiny or macroeconomic shifts could disrupt the bullish momentum.
Ultimately, the future of XRP will depend on a combination of factors, including continued adoption of tokenized assets, political and regulatory developments, and overall market sentiment. Whether the token reaches $3.60, $20, or $134 remains an open question, with market participants closely watching for signs of sustainability in the current rally [1].
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Source:
[1] XRP Price Prediction Clashes With Reality As Analysts Target $3.60 (https://coinmarketcap.com/community/articles/68ace2b3ca644f2443b97bc3/)

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