Will XRP Surge To A New Price Spot?

XRP is undoubtedly one of the most established cryptocurrency tokens in the space. The fact that the token could quickly pivot its path to touch the $2 price mark is indeed legendary. Will Ripple be able to maintain its rhythm and pace this weekend? Let’s find out.

Also Read: Top 2 Tech Stocks to Buy in 2025? ADBE and META Lead the Way

Ripple: Price Path and Latest Developments

XRP is currently the trending crypto coin due to many reasons. With the US political regime change scheduled for January 2025, the new SEC chair appointment is also bringing in a wave of fresh development for XRP.

Trump’s pro-crypto government is being touted as a particularly lucrative development for the crypto realm. With Paul Atkins assuming the new role as SEC chair, speculation regarding ending the years-long XRP-SEC case is also catching pace, giving XRP a considerable boost.

#XRP – Noise Until One of These Happens 🚨

🔑 Key Levels to Watch:
1️⃣ $2.00 – A confirmed break here, and we’ll be heading toward the lower targets.

2️⃣ $2.65 – Break this level, and fireworks will ignite! 🚀 The upper targets will be in play! 🎯#XRPFamily STAY STEADY AND… pic.twitter.com/sDPUwY3fyK

— EGRAG CRYPTO (@egragcrypto) December 26, 2024

In addition, several cryptocurrency analysts continue to issue bullish price marks for XRP. Per Egrag Crypto, XRP is currently trading under a bullish radar of $2. If all goes well and the fact that Ripple manages to cross the $2.65 price mark, it could soon propel the token toward claiming a new high.

“#XRP – Noise Until One of These Happens 🚨..🔑 Key Levels to Watch:1️⃣ $2.00 – A confirmed break here, and we’ll be heading toward the lower targets. 2️⃣ $2.65 – Break this level, and fireworks will ignite! 🚀 The upper targets will be in play! 🎯 #XRPFamily STAY STEADY AND STRONG—keep your eyes on the prize! 🌟🔥”

Also Read: Chainlink: LINK Up 53% This Year as January Preps Record-Breaking 2025

The Token’s Weekend Price Chart: Is $2.65 Worth Considering?

Currently, XRP is trading at $2.18, down 3% in the last 24 hours. CoinCodex later predicts that Ripple may very well claim the $2.19 spot by December 29, 2025.

However, the token is expected to go as high as $2.25 by mid-January 2025.

“According to our current XRP price prediction, the price of XRP is predicted to drop by -2.42% and reach $ 2.25 by January 24, 2025. Per our technical indicators, the current sentiment is neutral while the Fear & Greed Index is showing 73 (Greed). XRP recorded 18/30 (60%) green days with 16.51% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”

Also Read: Tesla (TSLA) Rides AI Wave: Will It Boost TSLA Stock to New ATH?