XRP’s Next Move Could Be Its Biggest Yet

XRP has caught the attention of analysts, with some envisioning a future where its price skyrockets to $70.

This optimism stems from historical price movements and key technical indicators, which suggest the potential for substantial gains. However, the path to such heights remains uncertain due to market fluctuations and broader economic influences.

Speculation around XRP’s market cap has intensified, particularly following projections by EGRAG CRYPTO and legal expert John Deaton. Some estimates place its near-term valuation at $300 billion, translating to a price range of $5 to $6. Should the token mirror previous market cycles, it might surge to a staggering $1.1 trillion, pushing its price toward $20. More ambitious forecasts even suggest a $4 trillion market cap, which could theoretically send XRP to $70. Despite these bold predictions, reaching such levels would require a perfect alignment of market conditions.

XRP’s performance during February has been inconsistent over the years. Since 2014, it has only closed the month with gains on four occasions. The most notable rally occurred in 2022, when the price jumped 26.3%, while other positive years—2016, 2019, and 2024—saw milder increases. However, on average, XRP has lost about 3% during this month, with its steepest February decline of 33.4% recorded in 2014. While past trends indicate a tendency for losses, changing market dynamics could pave the way for a stronger showing this time around.

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A key technical breakout has fueled hopes of a sustained rally, as XRP recently climbed past a long-standing resistance level. Analysts point to $1.83 as a crucial support zone that could underpin further gains. After years of price consolidation, this breakout signals renewed bullish sentiment, with XRP now trading above $2—marking a nearly 50% monthly increase.

If the upward momentum continues, the next major target sits around $4.50. However, if buying pressure weakens, a dip back to $1.83 could be in play. Market watchers are also keeping an eye on a historically significant zone near $0.49, which previously acted as a point of strong resistance. For now, XRP remains well above this level, reinforcing optimism about its long-term trajectory.

Alexander Stefanov