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How High Will XRP Trade In Q1 of 2025?

Simon Osuji by Simon Osuji
January 26, 2025
in Business
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How High Will XRP Trade In Q1 of 2025?
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Top assets in the cryptocurrency market have remained the same for a while now. With Bitcoin (BTC) leading the charts, Ethereum (ETH) and Ripple’s XRP have been unshakable. XRP, however, has emerged as a prominent player with its recent uptick. The asset had been struggling to reach a mere $1 for years. 2024 came as a turning point for the altcoin. While most coins had a slow start to 2025, XRP entered the year in full swing and surged to a seven-year high of $3.39. It should be noted that just a year ago, the asset was trading at a dainty price of $3.39. Will the cryptocurrency carry this momentum into the next couple of months is the real question.

Also Read: Crypto Czar David Sacks Redefines NFTs and Meme Coins as ‘Collectibles’

Diving Into The XRP Market

XRP Ripple
Source: Coinpedia

The third largest cryptocurrency was trading at $3.19, during press time. The asset recorded a 3.35% rise over the past 24 hours, which allowed XRP to go from a low of $3.04 to its current price level. It should be noted that throughout January, most assets were seen pushing forward at a slower pace. XRP, on the other hand, was up by a staggering 38%.

Source: CoinMarketCap

Despite its notable price changes, the asset remains 16% below its all-time high. XRP reached a peak of $3.84 back in January 2018 which was about seven years ago. Ever since, the asset has been struggling to attain this high. But it should be noted that the altcoin was drowning in legal troubles over the past few years.

Also Read: Will the US Drive G20 Nations to Adopt Bitcoin Reserves?

Q1 Price Prediction

Source: CoinCodex

Data from prominent price prediction firm, CoinCodex reveals that XRP will surge all the way to a high of $4.73 during the first quarter of 2024. This represents a 47% rise from its current price level. As seen in the image, Ripple’s cryptocurrency will achieve this high in March or the last month of the first quarter.

Also Read: Will Dogecoin Hit $1 This Year Or Next? Here’s The Exact Timeline

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