XRP Price Prediction: Hold Or Sell? Elliot Wave Count Forecast

1 month ago 22

Amidst the broader market uncertainty, the XRP army is getting restless for another big upside move.

However, XRP price predictions from experts suggest they may have to traverse through intense volatility in the coming weeks. The possibility of more downside volatility also cannot be ignored.

While Donald Trump’s close relationship with Ripple CEO Brad Garlinghouse should result in new all-time highs, his trade war with China and the possibility of an economic recession could further complicate matters.

XRP Price Prediction — Hold or Sell?

XRP is one of the most fundamentally sound crypto assets on the market, particularly following Donald Trump’s US presidential victory. Ripple CEO Garlinghouse and Chief Legal Officer Stuart Alderoty have met with Trump and his officials on several occasions.

The President has also appointed Paul Atkins as the new SEC Chair, a pro-crypto head who is likely to drop or settle the agency’s lawsuit against Ripple.

Furthermore, the Atkins-led SEC could also approve a spot XRP ETF. Earlier this week, Grayscale joined a long list of issuers to have applied for the XRP ETF, including Widom Tree, Canary and Bitwise.

There is also speculation that CME’s spot XRP ETFs could also be unveiled soon.

Ripple is also set to benefit from the pro-crypto stablecoin legislation being pushed by bipartisan members of the US Congress. Its RLUSD could see increased adoption from banks and institutions, which could indirectly improve XRP’s fundamentals as well.

However, XRP holders could continue to see intense volatility, potentially to the downside, in the coming weeks.

The XRP price prediction from veteran crypto trader CasiTrades reveals the asset could continue to test lower support levels, including $2.16, $1.87 and $1.53. Elliot Wave counts reveal that XRP is still in the 5th move of C in the A-B-C corrective wave, suggesting it could see one final low before an upside move.

Prominent analyst Crypto Tony is also eyeing one final correction before a move to the upside.

Simply put, both Casi and Tony believe XRP will hit a new all-time high is imminent. However, this does mean XRP investors will have to continue to hold their coins during a potential correction to as low as $1.50.

Sidelined investors can use this opportunity to position themselves for a new XRP high, which could come anywhere between $8 and $13 in 2025.

However, the asset would need continued support from the Trump administration. For instance, Trump’s crypto czar David Sacks mentioned a Strategic Bitcoin Reserve in his highly-anticipated press conference on Tuesday, with no mention of an America-first altcoin reserve that would benefit XRP.

XRP investors would also hope the rumours of an impending recession aren’t true.

Nevertheless, holding XRP and buying the dip remains the plan of action, according to the XRP price prediction from experts.

Other Best Cryptos To Buy Now?

While XRP and large-cap altcoins remain mired in uncertainty, low-cap cryptos continue to deliver outsized returns.

Just today, an early $SSE buyer turned his $117 investment into $143,600.

Other in-demand low-cap coins include Meme Index (MEMEX), which is still in the early stages of its presale and has already raised nearly $4 million in short order.

Besides being a meme token itself, the project is launching an index fund-like investment vehicle for meme coins. Its meme coin baskets — Titan, Moonshot, Midcap and Frenzy — allow broad market exposure to the sector while spreading the risk.

Crucially, MEMEX holders will vote on which coins are included in each basket. This ensures every project included in the basket has strong community support. Owing to this community intelligence feature, investors could potentially benefit from coins they would have otherwise missed out on.

The project fulfils a key demand in the market — there are just too many meme coins to invest in. However, MEMEX holders can benefit from the ever-expanding sector with just up to four investments.