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XRP Price Prediction: Can It Repeat Its 600% Rally?

Published by
Vignesh S G and Qadir AK

Crypto investor and analyst Michael XBT, who correctly predicted XRP’s massive 600% surge in 2024, is once again turning heads with a new forecast. Could XRP be gearing up for another breakout? Let’s dive into what he’s saying now.

Michael XBT’s XRP Price Prediction Comes True

XRP faced a brutal second quarter in 2024, dropping by 25% and hitting a yearly low of $0.38 on July 5. Interest in the token was fading fast.

But while sentiment was low, Michael XBT spotted a bullish pattern forming — a 7-year bull pennant, a strong continuation setup in technical analysis. He predicted a major breakout.

And he was right.

By January 16, 2025, XRP skyrocketed to $3.40, marking a stunning 600% increase from its lows — exactly as he forecasted.

XRP Market Today: A Healthy Cooldown?

After peaking in January, XRP has entered a consolidation phase. Here’s a look at recent performance:

  • January 2025: +46%
  • February: -29.3%
  • March: -2.52%
  • April: +4.98%
  • May: -0.80%
  • June (so far): -0.74%

Despite recent pullbacks, XRP is holding strong above $2, even after touching $1.60 on April 7.

  • 30-day change: -7.5%
  • 7-day change: -5.3%
  • 24-hour change: -2.8% to $2.17

Michael XBT calls this a “healthy cooldown” before the next big move.

XRP Price Forecast: Breakout Like Bitcoin?

Michael now believes XRP could be on the verge of another massive breakout — one that could rival Bitcoin’s 8-year trendline breakout.

While he hasn’t given a specific price target yet, his confidence is clear.

Other analysts expect XRP to reach $5 to $30 during this cycle. However, some extreme bulls still cling to the dream of $100 XRP, though many experts view this as highly unrealistic.

Michael XBT’s track record has earned him credibility in the crypto world. With XRP showing signs of a potential breakout, investors are watching closely.

FAQs

What price will XRP reach in 2025?

XRP could reach up to $5.81 in 2025, supported by institutional demand and Ripple’s growing global adoption.

What is the XRP price prediction for 2030?

By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.

Where will XRP be in 2040?

XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.

Vignesh S G and Qadir AK

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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