Ripple Coin Price (XRP) Predicted to Rise to $11, Beware of Missing the Train!

Bittime - Ripple (XRP) Coin price continues to show resilience above $2, which increases optimism among market analysts who believe in the coin's long-term potential. 

Even though in the last week XRP experienced a significant decline, experts predict that in 2025, XRP could experience a large price jump to reach $11 (around Rp. 178,200). This optimistic view is driven by a favorable technical setup as well as developments in the legal case Ripple is facing with the SEC.

XRP Price Target Headed for a Big Surge?

When this article was written, . 

Although the token has lost 6.87 percent in the last seven days, with the price moving between $2.01 (around Rp. 32,562) and $2.34 (around Rp. 37,908), analysts remain optimistic about XRP's long-term prospects.

TradingView/@AliMartinez

Ali Martinez, a crypto analyst, recently highlighted one of the “most promising setups” for as the new year enters.

SEC Legal Case Developments Encourage Optimism

The ongoing legal battle between Ripple and the SEC could be a catalyst for XRP price growth. The appointment of Paul Atkins as the new SEC Chairman may give hope to many in the markets that this case will be dismissed. If this happens, the price of XRP could get a strong boost and increase investor confidence.

This legal case has been a significant factor affecting XRP's performance, creating uncertainty for investors. However, growing optimism about a favorable resolution has made XRP one of the key assets to watch in 2025. A case cancellation or positive outcome could spark renewed interest and increase demand.

Read too XRP Price Rises, This is the Cause!

Technical Indicators Show Bullish Momentum

Technical analysis shows that the price of XRP appears to be about to experience a breakout. The Bollinger Bands indicator on the XRP daily chart shows a narrowing, which usually precedes increased volatility and the possibility of significant price movement. Martinez noted that this indicates a surge to come.

TradingView/@AliMartinez

Additionally, open interest for XRP futures also increased by 0.45 percent to $1.98 billion (around IDR 32.1 trillion) according to Coinglass data. This increase reflects growing speculative activity and trader interest. Spikes in open interest often indicate market participation, but can also indicate upcoming price volatility in the short term.

Read too XRP Price Targeted to Rise to $13 in the Near Future, Can It Be Achieved?

Long Term outlook and XRP Price Target: Reach 11$?

Key price targets for 

The bullish momentum was recognized internationally when XRP managed to break through the critical resistance level at $10 (around IDR 162,000). 

With favorable positioning from technical patterns, strong market activity, and optimism regarding the SEC case, XRP price has all the right elements for growth.

Read too How to Buy XRP (XRP)

Conclusion

As these factors begin to materialize, this cryptocurrency will remain a top target for analysts and investors as we enter 2025. With the potential for significant price spikes, XRP could become one of the most interesting assets to watch in the crypto market. Don't miss the train, because this opportunity may not come twice!

FAQ

FAQ 1: What causes the price of XRP to rise to $11 in 2025?

The price of

FAQ 2: What is the current price of XRP and how has it performed in the past week?

Currently, XRP is trading at $2.07 (around IDR 33,564). In the past week,

FAQ 3: What are the technical indicators that indicate bullish momentum for XRP?

Technical indicators, such as Bollinger Bands, show a narrowing that usually precedes increased volatility and significant price movements, indicating that XRP may soon experience a price spike.

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Reference

Kelvin Munene, XRP Price Poised For Explosive 2025 Rally, Experts Predict This Target, Accessed January 8, 2025

Author: IN