XRP Price Prediction: Analyst Predicts XRP Could Skyrocket to $70!

Jakarta, Pintu News – On March 3, the price of XRP (XRP) surged nearly 25% in the last 24 hours, signaling renewed market confidence in Ripple’s asset.

One of the main factors driving this rise is likely to be signals from US President, Donald Trump, regarding the possible establishment of a US XRP Reserve.

Amidst this euphoria, a prominent market analyst even predicted that the price of XRP could surpass $70, with a projected time to reach that level.

XRP price jumps 25% amid speculation of US crypto reserves

The price of XRP rose nearly 25% on March 3, 2025, trading around $2.79, with daily trading volume skyrocketing to $19.09 billion.

Read also: Dogecoin Crashes 15% Today (4/3/25) – Could DOGE Skyrocket to $4? Analyst Ali Martinez Weighs In!

In the last 24 hours (3/3), XRP recorded a high of $2.97 and a low of $2.23. In addition, XRP Futures Open Interest jumped 40% to $4.33 billion, the highest level since early February-indicating a return of trader confidence.

This rally comes amid US President Donald Trump’s recent statements regarding the US Crypto Reserve. Interestingly, the heated debate between the Bitcoin and Ripple communities is heating up, especially as speculation emerges that the US might establish an XRP Reserve instead of focusing solely on Bitcoin.

In his post on Truth Social, Trump revealed that the US government is considering adding XRP, ADA, and SOL to the US Crypto Reserve, alongside Bitcoin and Ethereum.

So, what’s next for Ripple’s native asset? Here are the experts’ views on XRP’s future prospects.

Ripple (XRP) Aims to Rally to $70 (Rp1,150 Million), When Will It Happen?

In a recent post on X, renowned market analyst Dark Defender made an ambitious prediction regarding the price of XRP, with a short-medium term target of $77.7.

He also revealed a scenario where XRP could surge to $18 in the third wave of the price movement cycle.

According to his analysis, XRP has important support levels at $2.60 and $2.77, while key resistance levels are at $5.85, $8.03, and $18.22. Based on the price chart shared, XRP has the potential to reach $77.7 by 2027.

Read also: Bitcoin, Pi Network, and Hedera Take Center Stage in the First Week of March 2025!

This prediction has attracted great attention from the crypto community, who are now eagerly monitoring the price movements of XRP. While market projections are always full of uncertainty, Dark Defender’s track record and expertise make these forecasts worth taking into account.

Important Levels for XRP in the Short Term

In line with the bullish sentiment, a number of market analysts remain optimistic about XRP’s future price movements. In a recent analysis, CasiTrades mentioned that if XRP is able to hold above the $2.92 support, then the rally towards new highs is likely to continue.

A similar opinion is also expressed by Rose Premium Signals, which predicts that the next targets for XRP will be at $3, $4.2, and finally $5 (IDR82,210). If XRP manages to break through the first two targets, there is a strong potential for the asset to reach $5 in the near future.

In addition, the market trend also shows the dominance of bullish sentiment. Ali Martinez, a renowned market analyst, highlighted the massive buying pressure from XRP whales.

Read also: 3 Crypto with Rebound Potential in March 2024 According to Elliott Wave Analysis

In a recent post on X, Martinez revealed that large investors had purchased 270 million XRP over the weekend, indicating significant accumulation.

On the other hand, market optimism is also fueled by increasing speculation that the Ripple vs SEC legal case could be dropped soon. However, there are experts who have recently refuted claims that the outcome of the case will have a significant impact on the price of XRP going forward.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Analyst Predicts XRP Price Rally To $70, Here’s When. Accessed on March 4, 2025