XRP has been one of the most trending cryptocurrency topics for the last month. During this time, the Ripple-backed coin has skyrocketed by over 400%, shocking the entire crypto community. At the time of writing, the coin has secured the #3 spot among the top cryptocurrencies by market cap.
Notably, XRP now positions after Bitcoin (BTC), and Ethereum (ETH) after flipping Dogecoin (DOGE), BNB, Solana (SOL), and Tether USDT. The impressive trajectory has triggered a wave of predictions from several top crypto experts. Let us take a look at the most recent one below.
XRP Price Prediction for December and January
In a recent lengthy post on X (formerly Twitter), popular crypto analyst Egrag Crypto shared his prediction for XRP, pointing at the two marks the coin could reach in December and January. His forecast underscores that XRP has not yet reached its full potential and there are still “endless possibilities” for the token.
Read Also: XRP Prediction: See ChatGPT’s Price Prediction For December
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He says XRP can easily peak at $18 before the year ends. Egrag compared the XRP’s yellow candle pump to that of 2017. According to him, November’s 300% pump is already similar to that of 2017’s 328% surge.
Moreover, he noted that if XRP can record an 830% pump, then it could reach the $18 milestone. However, he reminded the community about the volatility of the market, pointing out that XRP had a 60% decline in 2017 following the surge, and it could still be the case this time.
Source: Egrag Crypto/X
For January, Egrag gave a rather bold prediction. He emphasized that if the momentum continues till next year, then XRP could witness a 713% surge that would catapult its price to $150. Importantly, he gave a disclaimer, warning investors about the uncertainties that rock the crypto market, and emphasized the need for careful trading.
“The possibilities are endless, but so are the risks. Be prepared for downturns as well as surges—no guarantees exist in this market. Focus on strategy and take this as a framework, not a certainty,” he said.
While his predictions may seem exaggerated, they underscore the growing confidence among the XRP community as members rally showcasing their readiness for the $150 challenge. Meanwhile, other technical portals have given a more pessimistic prediction.
XRP May Decline Significantly this Month
Coincodex, a cryptocurrency data aggregation platform, has come up with a different forecast for XRP. According to its prediction, XRP may see a sharp decline before the year runs out. Coincodex noted that the trending coin can lose as much as 32.45% to rest around the $1.82 price level.
However, Coincodex stressed that the sentiment surrounding the coin would remain bullish. At the time of writing, XRP was changing hands at $2.69, representing a 24% increase in the last 24 hours.
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Victor Swaezy
Victor Swaezy is a crypto-journalist with more than 3 years of experience in covering blockchain technology and digital currencies news. Known for his comprehensive reporting, Victor has contributed to leading industry publications such as Coinfomania and Crypto News Guru, providing market participants with the required knowledge to make informed decisions. When he is not working, he loves to watch movies and have a good time.