Cryptocurrency

Top Analyst Sets Timeline For $5 XRP Price Target

The crypto community is showing renewed interest in XRP, as many analysts are showing bullish signs in XRP’s chart and predicting huge short and long-term surges. One of these many prominent voices is Ash Crypto (@Ashcryptoreal), who has set 12 to 15-month targets for multiple cryptocurrencies.

The analyst has been trading in the crypto market since 2014 and has leveraged his decade of experience to determine the future prices of certain cryptocurrencies.

Read Also: Hundreds of Millions of XRP Moved by Binance Sparks XRP Price Resurgence

A New XRP All-time High?

XRP was listed among Ash Crypto’s predictions, and he believes the digital asset can reach $3 to $5 between 12 and 15 months. XRP is trading at $0.546, up 4.13% over the past 24 hours.

Ash Crypto’s targets could see XRP finally surpass its all-time high of $3.84 set in January 2018. The community has been waiting eagerly for XRP to achieve this, as the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) prevented XRP from reaching its all-time high in 2021.

The lawsuit also hindered XRP’s growth and adoption in the U.S., but the end of the lawsuit could mark a turning point for XRP where the digital asset climbs to new levels.

Timeline Considerations and Historical Performance

The 12-to-15-month timeframe proposed by Ash Crypto suggests he anticipates this significant price growth to occur between April 2025 and September 2025, potentially aligning with the peak of the current bull run. However, some XRP holders might find a price target of $3 during this period somewhat underwhelming. This is because it falls short of XRP’s previous all-time high.

Long-term investors in XRP also missed out on substantial gains during the 2021 bull market, with the asset only reaching a high of $1.9, and those who hold on might attain the upper limit of $5.

Although XRP still has its detractors, Ripple Chief Technology Officer (CTO) David Schwartz recently showed that XRP has climbed 1,500% over the past seven years, and its history shows it might accomplish more soon.

Read Also: AshSwap the first stable-swap DEX Launches on MultiversX Mainnet

Predictions for Other Cryptocurrencies

Ash Crypto is highly bullish on Bitcoin, setting a range of $100,000 to $250,000 for the top cryptocurrency. The same can be said for Ethereum, as he expects it to trade between $10,000 and $15,000. His other predictions are:

BNB: $900-$1,400, SOL: $450-$650, DOGE: $1, DOT: $100-$120, LINK: $250-$500, AVAX: $200-$300, ICP: $120-$160, INJ: $180-$250, TIA: $100-$150, and MANTA: $30-$70.


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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.

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