contributor
Posted:
- XRP continues to shine, fueled by its solid fundamentals and impressive market metrics.
- But it is THIS factor which makes the $5 target more achievable than ever.
With 2024 down to its final week, the crypto market buzzes with speculation, but for many, Bitcoin’s [BTC] recent crash has muted the holiday cheer. Some, however, are seeing it as a much-needed ‘reality check’.
As 2025 looms, the market remains sharply divided. The altcoin sector, in particular, is unsettling, having lost most of its post-election gains. Yet, one token stands resilient – Ripple [XRP].
Source : TradingView
In the last 30 days, XRP smashed through two major psychological targets, pushing it into a high-FUD zone. Its RSI on the daily chart almost hit 100, screaming overbought conditions and setting the stage for an ‘expected’ correction.
Meanwhile, Ethereum [ETH], the largest altcoin, has stumbled. After peaking at $4,106, ETH has retraced by 20%, returning to the same price it held a month ago.
Contrary to popular belief, this retracement wasn’t entirely unexpected. Despite a healthy RSI, broader market dynamics signaled a looming dip – a red flag first highlighted here at AMBCrypto.
Now, both these altcoins are head-to-head across various metrics : whales buying the dip, balanced RSI levels, market caps over $100 billion, and strong real-world applications backing their value.
In the short-term, these fundamentals might just be enough to push XRP and ETH past their respective barriers, provided the broader market recovers.
But looking ahead to 2025, can XRP hit its ambitious $5 target? With its post-election edge over Ethereum and solid fundamentals, it might just be closer than we think.
For XRP, the real test begins now
Looking back, XRP’s growth has positioned it strongly, backed by solid statistics. Its market cap surpassed $100 billion after six years, with a remarkable YTD growth of around 300% – the highest among the top contenders.
2024 has been a landmark year for XRP, but it still trails behind Ethereum, which boasts a hefty $397 billion market cap.
But here’s the kicker: Just three years ago, Ethereum’s market cap was well over $560 billion. Fast forward to now, and XRP is stepping up, challenging the dominance of the big players in ways few anticipated.
Read XRP’s Price Prediction 2024–2025
It’s not just about Ripple’s cutting-edge technology, strategic partnerships, and legal progress – it’s about the growing edge XRP has over Ethereum. When you look at the numbers and market metrics, it’s clear that XRP is on a rising trajectory.
With 2025 fast approaching, the potential for a high-FOMO surge is real. The $5 target isn’t out of reach. In fact, XRP might just be gearing up to lead the way in 2025.
