XRP has reached a major milestone by completing 2024 as analysts expect new highs in 2025.
For many in the crypto market, XRP may be the comeback story of 2024. After years of underperforming the broader crypto market, the asset skyrocketed in 2024, approaching its all-time high and reaching a significant milestone.
In 2024, XRP rose over 370% from an opening price of $0.61511 and briefly traded as high as $2.90550. Although the asset failed to surpass its all-time high price of $3.84 set in 2018, it showed considerable strength.
Specifically, XRP closed the year at $2.07924, the first time in its history that it closed above $2.
The strong momentum comes as many now expect the asset to soon receive more regulatory clarity under the new administration of Donald Trump, which has committed to adopting pro-crypto policies.
The president-elect already appears to be following through on his campaign promises and making several pro-crypto nominations for key offices. including Paul Atkins for the SEC’s top job.
With the turn of the year, the question arises as to whether XRP can build on the momentum of 2024. An analyst tried to answer this question using a key statistical indicator.
XRP to $27 in 2025?
Prominent crypto Analyst EGRAG recently offered Key price targets for XRP in 2025 using the Linear Regression Channel indicator. This tool helps identify market trends and overbought/oversold conditions by averaging historical time and price data, creating channel boundaries at one standard deviation.
In combination with Fibonacci expansions, EGRAG predicts…
