XRP Price Analysis: Will Ripple Break Its ATH in 2024?

In the past week, XRP has surged by an impressive 55.8%, outpacing almost all major cryptocurrencies, including Bitcoin, Ethereum, Solana, BNB, Dogecoin, and Cardano. This strong upward momentum in the XRP market has caught the attention of crypto enthusiasts.

So, what does this mean for the future of XRP? Let’s take a closer look at the latest predictions and insights.

Analysts Predict XRP ATH Soon

CrediBULL Crypto, a well-known crypto expert, recently shared a bold prediction: XRP could reach a new all-time high (ATH) much sooner than expected. While the exact timing remains unclear, this optimistic outlook has raised excitement among XRP supporters.

Explore XRP price predictions 2025 to 2030 and discover when Ripple’s XRP price might hit its all-time high (ATH)

CrediBULL’s statement follows XRP’s impressive performance in the last 30 days, during which the cryptocurrency gained 194.5%. In comparison, Bitcoin rose by 47.5% and Ethereum by 33.4%. This clearly shows XRP’s exceptional strength compared to the two largest cryptocurrencies.

Bitcoin and Ethereum Struggle While XRP Rises

Bitcoin recently surpassed its ATH of $73,000, now priced at $98,454.31—almost 35% higher than its previous record. However, Bitcoin’s progress has slowed down, with just a 0.56% increase yesterday, and it’s still struggling to break the $100K mark.

Meanwhile, Ethereum, currently priced at $3,360.19, is still 21.09% below its yearly peak of $4,065.40 and 43.17% lower than its ATH of $4,810.81. On the other hand, XRP, at $1.53, is still around 150.21% below its ATH of $3.84, leaving it with much more room for growth compared to both Bitcoin and Ethereum.

XRP/ETH Pair Growth Potential

CrediBULL also highlighted an interesting development in the XRP/ETH pair. XRP has recently retested a four-year-long range, slipping below it in April 2024 before re-entering in July. Currently, XRP/ETH is 160.4% above the lower end of the range, with the upper end still 181.47% higher than the current price.

CrediBULL predicts a 246% rise in this pair by 2025, which suggests strong growth potential.

Next Stop for XRP: $2 and Beyond

Experts now have their sights set on the next key price target for XRP: $2. Once XRP breaks through this level, it could start its journey toward a new ATH. With the current trends and expert predictions, XRP is on track for exciting developments ahead.

FAQ

As XRP continues to outperform Bitcoin and Ethereum, it remains one of the most promising assets in the crypto space. Watch for its continued growth as it moves closer to new highs.