Can Ripple (XRP) Reach $100? These 3 Analysts Are Confident in XRP’s New Price Target!

Jakarta, Pintu News – Ripple (XRP), one of the most prominent digital assets in the fourth quarter of 2024, is now in the spotlight from both its supporters and opponents. Despite a significant price drop in recent weeks, analysts remain optimistic about the potential for a significant price increase. With high volatility this month, Ripple (XRP) is trading between $2.30 and $2.47, down 1.6% from the previous month’s price.

Target $100: Realistic?

Recently, an analyst on Twitter/X with the username XRP Captain (@UniverseTwenty) stated that $100 is a realistic target for Ripple (XRP) in this cycle. While his post received a lot of response, there are still many unanswered questions, such as when exactly this price increase is expected to happen and what the triggers are.

On the other hand, Egrag Crypto (@egragcrypto) also gave his rather bold view, claiming that Ripple (XRP) will hit double-digit figures in this cycle and surge to triple-digit figures next.

Egrag Crypto uses the “Just Do It” chart to support its short-term prediction, explaining that the wave or cup pattern formed in the arc indicates a potential rise to $13. These two analysts, while optimistic, have yet to provide concrete evidence supporting their claims, which has left some investors remaining skeptical.

Also Read: Bitcoin Miner Sales Still High, On-Chain Data Reveals Bearish Trend (3/19/25)

Potential to Surpass $300

With some optimistic supporters, crypto commentator Dark Defender adds his analysis on the recent performance of Ripple (XRP). According to him, Ripple (XRP) could surge up to $333 if it repeats its impressive performance during the 2017 price surge. However, Dark Defender’s prediction has been met with a lot of criticism, mainly related to the market capitalization that would reach $1.6 trillion if the Ripple (XRP) price only reaches $280.

Dark Defender responded to the criticism by stating that crypto market capitalization is irrelevant and only an “illusion”. This argument led to more debate among investors and analysts, as many still consider market capitalization an important indicator in asset valuation.

Conclusion

While there is a lot of speculation and mixed predictions regarding the future price of Ripple (XRP), the crypto market is known for its unpredictability. Investors and market watchers should remain vigilant and stay abreast of the latest developments before making investment decisions based on these highly optimistic price predictions.

Also Read: Ethereum (ETH) has the potential to surge sharply, analysts reveal similarities with 2020 trends

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. XRP to Triple Digits: Analyst Confident in $100 Price Goal. Accessed on March 19, 2025
• Featrued Image: Blockhead