Prominent crypto investor, price analyst, and online personality predicts XRP price to reach $5 soon. In detail, Jake Gagain, has joined one of the many XRP holders awaiting a massive bull run for the asset.
Read CRYPTONEWSLAND onAs we can see from the post above, this viewpoint was articulated as part of Gagain’s recent analysis examining the prospective price trajectories of various tokens, especially as we approach 2025.
With one month remaining before the Bitcoin halving, Gagain voiced his views on possible price targets for assets like XRP before and after the halving event. Analysts first pointed out that XRP still holds its all-time high (ATH) record in six years due to the SEC lawsuit.
Gagain argued that XRP may not set a new record high immediately after the halving, but rather during the peak of its bull run, especially if Ripple wins its legal battle against the SEC.
In parallel, he stated that a target of $5 for XRP is quite realistic for the asset during the peak of this season. This could be a likely event considering Ripple XRP Ledger is launching its AMM feature soon. Overall, Gagain predicts XRP will grow almost sevenfold through this bull market, specifically by 2025.
According to CoinGecko, the price of XRP currently stands at $0.61 and is moving in an upward trajectory. In particular. XRP price shot up by 10.41% over the last 24 hours. This movement marked the greatest single-day pick-up since March 11.
The surge has pushed XRP’s market capitalization to over $34 billion, or 1.38% of the overall cryptocurrency showcase capitalization. At its most elevated level, XRP’s market cap was over $83 billion.
As for other trending assets and their ATH during the peak of the bull run, Gagain predicts as follows. For Bitcoin (BTC) he sees$175,000, for Ethereum (ETH) he sees it reach between $8,500 to $10,000. Similarly, he marks Solana (SOL) at between $750 to $1,000 and Cardano (ADA) at $7.50.
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