Shocking XRP Prediction: Could Its Price Skyrocket to $70? Top Crypto Analysts Weigh In!

Jakarta, Pintu News – According to Coingape, the price of XRP XRP->Current XRP PriceRp 0Market Cap-Trading Volume-Circulating Supply- is consolidating after a small decline of 2% (3/17/25). However, analysts remain optimistic about its future prospects.

One well-known expert even predicted that the token’s price could reach a staggering $70, based on technical patterns rather than speculation.

Meanwhile, other analysts also see significant upside potential for Ripple’s native asset, with price targets ranging from $3 to over $5 in the coming months.

XRP Poised for a Big Surge, Analysts Set Ambitious Targets

Leading analyst EGRAG CRYPTO has put forward a convincing analysis regarding XRP’s explosive growth potential.

Read also: Coinbase Ready to List Pi Network? Can Pi Coin Jump 30%?

In a recent post, he stated that the price of XRP could potentially reach $70, emphasizing that his prediction is based on technical cycles and mathematical models, not mere speculation.

In a post on platform X, EGRAG CRYPTO said:

“I have been closely observing the strength of Wave 1 across various crypto charts. After reviewing several projects, I noticed an interesting pattern on #XRP that could be indicative of a potential cycle top.”

He explains that his projections are based on logic, math, and technical analysis. Based on his research, he identified two important price levels-Stick 2 and Stick 3, where Stick 3 indicates a potential price of $70.

Furthermore, he breaks down his analysis into five main steps:

• Study previous market cycles.
• Analyze the ongoing cycle.
• Applying the percentage formula to price movements.
• Assess the potential for a price correction.
• Confirm price targets with technical indicators.

Other Experts Agree with XRP Bullish Predictions

In addition to this latest bullish prediction, other crypto experts are also forecasting a strong surge for XRP prices. For example, crypto analyst Dark Defender has a similar view, with an initial prediction that XRP will move towards $2.42.

He believes that the real rally will begin once XRP manages to cross the Ichimoku Cloud resistance. In his statement, he said:

“XRP is expected to rise to $2.42 first. The real momentum will start once XRP is above the Ichimoku Cloud.”

Dark Defender also highlights support levels at $2.22 and $2.04, with a higher price target of $5.85.

Meanwhile, another crypto analyst, Rose Premium Signals, shared a bullish trading scenario for Ripple’s native asset. Based on their analysis, XRP is breaking out of a descending channel pattern, which could open up a bullish opportunity in the short to medium term.

Read also: 4 Crypto Rivals of XRP to Hunt Before Crypto Strategic Reserve Bill Passed!

According to their trading strategy, the ideal entry range is at $2.20-$2.40, with short-term targets at $2.60, $2.85, and $3.10. For the medium term, price targets are set at $3.36 and $3.87, with a stop-loss at $2.00 to manage risk.

Can XRP Reach $70? Here’s What to Look Out For

Although the $70 price target looks ambitious, technical indicators show that XRP has strong momentum. If key resistance levels are successfully broken, the asset could enter a parabolic phase, similar to previous bullish cycles.

In addition, despite the market’s recent decline, speculation picked up after some experts hinted at a possible settlement of the Ripple vs SEC case.

One of the fundamental factors supporting XRP’s rally is that institutional fund inflows have remained strong, despite the market being on a downward trend. In the latest report, XRP recorded an inflow of $1.8 million, while other assets such as Bitcoin experienced outflows.

As of March 17, 2025, the price of XRP had dropped by around 1.8% to $2.33, but its trading volume actually jumped 60% to $4.21 billion. This latest drop comes amid an overall crypto market malaise, with Bitcoin facing pressure due to insider trading rumors.

On the other hand, data from CoinGlass (17/3) showed that Open Interest for XRP Futures also saw a decline of almost 5% to $3.17 billion, reflecting the still sluggish market sentiment.

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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 To Hit $70, Here’s Why. Accessed on March 18, 2025