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Ripple (XRP) Price Prediction: Traders follow XRP at $10, but its main competitor at $0.15 will pump it to $17.5
As Ripple's XRP approaches a key resistance level, it has attracted the attention of traders. Meanwhile, Rexas Finance's token RXS, with its unique approach to tokenizing real-world assets, has become a strong competitor. Analysts predict that XRP could reach $10, but the growth potential of RXS has sparked predictions of a rise to $17.5.
With a positive market momentum, the target for XRP is $10.
This indicates that Ripple's XRP is still trading at 2.35 USDT, well above the support level of 2.17 USDT. CoinMarketCap data shows that XRP has pumped 5% in the past 24 hours due to the boost from bulls and whales. Furthermore, market data shows that whales have purchased over 80 million XRP since December 17, which clearly demonstrates confidence in the currency. Analysts believe that a recovery above the resistance level of 2.60 USDT could pave the way for further pumping to 3 USDT. However, if the overall market conditions continue to be favorable, XRP is likely to revisit its historical high of 3.55 US dollars calculated in the USDT currency pair in 2018. Some stock market analysts also predict that the token's price could soar to $10 by 2025 based on the following initiatives: Ripple's RLUSD stablecoin and the potential approval of XRP-based ETFs.