XRP Price Prediction: Expert Reveals How Ripple Can Hit $500B Market Cap

XRP has constantly been playing with the holder’s emotions ever since the XRP price hit a 7-year high in December 2024. Although the Ripple token presented a splendid performance with high bullishness, the price is under consolidation, eventually limiting its performance. This is why analysts believe that the XRP needs to move higher to maintain its bullishness, setting the target at $8.7 with a market cap of $500B. Interestingly, analysts also figured out how this could happen, but if it did not, his ongoing Ripple price rally could go all in vain, resulting in a steep crash.

Bullish Signals Hint XRP Price Likely to Rally Soon

In the last two months, the XRP price has surged nearly 370%, currently trading at $2.42 with a market capitalization of $138.82B. Interestingly, XRP is the third biggest cryptocurrency in the market after its recent bullish performance and Tether’s ban struggles. This has happened despite the Ripple token’s consolidation and current setbacks, but analysts believe more will likely come.

Ali, a crypto analyst, has revealed the formation of the supertrend indicator on the 12-hour chart, flashing a buy signal again for the first time since early November. The last time this happened, the XRP price shot up 470%, creating the possibility of the same happening. However, amid uncertainties and ongoing consolidation, whether or not the Ripple price could rally to the same level again has become a question.

Ripple (XRP) Open Interest Skyrockets Again

XRP’s technical indicators reveal the presence of both the bulls and bears for the token. However, that is not the complete picture, as the futures data clearly indicates that the Open Interest is rising. This signifies that the investor’s interest has returned to the Ripple token, creating the possibility of a breakout. Some analysts have presented this as the opportunity for the formation of a further bullish uptrend, eventually resulting in the XRP price rally.

Trader Suggests XRP Bull Flag Breakout Needs To Happen Soon

Amid all the eyes on the XRP’s, crypto analyst Peter Brandt has presented a very optimistic XRP price prediction. However, that XRP bull flag breakout must happen soon, or it could result in the Ripple token’s price crash. According to Brandt, there is a formation of the Half mast flag, indicating a potential breakout. However, this formation should be completed within six weeks to present a bullish outcome, or else it can result in a crash.

A bull flag pattern is a widely accepted technical indicator of a bullish rally. It indicates the formation of the flagpole on the price chart, which means a sharp price increase followed by a momentary consolidation phase, displaying the flag, which is also visible in Bandt’s graph.

Brandt’s graph presents a shaded arc representing many potential outcomes. If things went according to expectations, the XRP market capitalization could hit $500B on the higher end, which means the Ripple price would become $8.7. However, the arc also represents the market cap being $28B on the lower end, which would happen if the token crashed.

What You Should Focus On?

With an impressive 370% rally over the last two months, XRP is nearly at its prime, currently trading at $2.42. However, with the formation of the Supertrend, analysts foresee a 470% rally for the Ripple token. At the same time, other crypto analysts believed that if the bullishness continued, the XRP price could hit $8.7 and a market capitalization of $500B. This could become more prominent with the Bitcoin price surpassing the $100k mark again. However, in contrast, the  Ripple market cap might drop as low as $28B with a price of $0.48.

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