XRP Price Prediction: XRP Bulls Target $5 by End of Year as Smart Money Rotates into HYPER Presale

XRP (XRP) has been a centerpiece of crypto conversations for years, with its community patiently waiting for a new all-time high. And right now, a growing number of analysts are suggesting that such a high could finally be on the horizon.

The price charts are showing bullish signals, leading some analysts to target the $5 mark for XRP before the end of the year. Reaching $5 would represent a 57% jump from today’s price of $3.15.

But with XRP’s future still up in the air, some investors are already looking at other altcoins instead. That’s why many are rotating into smaller projects like Bitcoin Hyper (HYPER), which has raised over $5.7 million in funding for its Layer-2 scaling solution for Bitcoin.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page.

XRP Cools Off After Strong Rally – But What’s Next?

XRP is experiencing a slight cooldown after a very strong month. The token’s price has dropped about 2% in the last day and 10% over the week, but you have to zoom out to see the whole picture.

It’s still holding onto a 43% gain since last month, so this recent dip looks a lot like standard profit-taking. Trading metrics are reflecting this, with 24-hour spot volume slipping to $6.7 billion and open interest falling to $3.4 billion.

On-chain data tells a similar story. Daily payment volume on the XRPL fell to $986 million yesterday, a big drop from the multi-billion-dollar peaks seen earlier this month. Plus, the movement of about 163 million dormant XRP tokens to exchanges has understandably spooked investors.

Right now, XRP is consolidating above the key psychological level of $3.00. It has yet to properly retest this level as support – suggesting we may see another short-term dip before XRP rallies again.

Why Bulls Predict XRP Will Rally to $5 By Year-End

Despite XRP’s sell-off, many analysts believe a rebound is not just possible but likely. Much of their confidence comes down to the token’s current technical setup. For instance, popular trader Dark Defender, who has over 146,000 followers on X, recently shared his Elliott Wave analysis. He suggests that XRP has already completed three major upward waves and is now in a fourth consolidation phase. The crucial part is his target for the fifth and final wave: $5.85.

Another point of consensus is forming around a key breakout level. Fellow trader Jane Bennet noted that if XRP pushes above $3.28, we could see “significant upward momentum towards $5,” driven by renewed trader demand.

Analyst STEPH IS CRYPTO echoed this exact sentiment, stating that a break of $3.28 will be the trigger for a major rally. So, with multiple popular analysts now pointing toward a $5 price target, the narrative for another XRP rally is gaining momentum.

Why Smart Money Is Turning to the Bitcoin Hyper Presale for Bigger Returns

But while XRP finds its footing, some traders don’t want to wait around. They’re rotating into lower-cap projects with better upside potential, and right now, Bitcoin Hyper is capturing their attention.

Bitcoin Hyper is a Bitcoin Layer-2 that uses Solana’s high-speed tech to bring genuine scalability to the world’s biggest blockchain. This approach directly tackles the blockchain trilemma by combining Bitcoin’s security with the sub-second finality and low fees of the Solana Virtual Machine (SVM).

This approach aims to make Bitcoin’s capital fully usable in a DeFi and dApp ecosystem for the first time. And that could unlock capabilities like earning yield through staking, high-speed trading on DEXs, and cheap peer-to-peer payments.

The buzz is already building, with Bitcoin Hyper’s presale raising over $5.7 million to date. Early investors can buy HYPER tokens for just $0.01245 each while the presale is live.

What makes HYPER such a clever asset is its utility. The token is used to pay for all transactions on the Bitcoin Hyper Layer-2, ensuring fees stay low. Plus, holders can stake their HYPER for rewards and will eventually participate in governance through a DAO.

Crypto expert Borch Crypto described this as the “best crypto presale to buy now.” So, while XRP remains a market staple, Bitcoin Hyper represents the kind of ground-floor opportunity that only comes around a few times per year – which is why smart money is scrambling for exposure.

Visit Bitcoin Hyper Presale

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay Kolev

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.