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Cryptocurrency News Articles

Top market participants who called the XRP rally at 50 cents remain confident that the token will soon extend its rally above the next psychological mark.

May 14, 2025 at 03:55 pm

Top market participants who called the XRP rally at $0.50 remain confident that the token will soon extend its rally above the next psychological mark.

According to data from CoinMarketCap, the coin is up 410% year over year, having risen from around $0.50 to the current valuation.

However, market watchers are upbeat that XRP could attain higher prices. Specifically, financial consultancy firm Black Swan Capitalist co-founder Vandell Aljarrah has predicted a rally to at least XRP’s all-time high.

Market Expert Predicts Higher Prices

In a Tuesday tweet, Aljarrah recounted earlier speculations that have come to fruition. He asserted that he identified XRP’s potential swelling at $0.45 and projected the impending rally.

The token last traded around the price point late last year before its historic November rally to near $2. Interestingly, XRP extended the gains to a multi-year price high of $3.39 in January before entering an accumulation phase.

Now, Aljarrah has predicted that the token will surely break above $3.40, a 31.7% rally from the current market price. While he did not give any basis for this possible uptick, the strategist suggested that data backs his claims.

Analysis Validates Possible Rally Above $3

Meanwhile, experienced trader Crypto Michael, popularly known as the “Swing King,” has presented an analysis predicting a similar rally above $3. In a related tweet, he mentioned the disbelief among some market participants when he previously called for an XRP price surge at $0.5.

When I predicted the XRP rally at $0.5

Everyone called me crazy.

I am now predicting a second parabolic rally once XRP breaks $3

They are calling me crazy again.

Doubt me at your own risk. https://t.co/D4dWE6powa

— Crypto Michael (@MichaelXBT) May 13, 2025

The trader stated that XRP is on the cusp of a second parabolic expansion to above $3, indicating a bullish continuation from a recent structural break. For perspective, he highlighted an earlier analysis from July 2024, where he noted that XRP could be breaking from a 7-year bull pennant when prices were at $0.58.

Eventually, the asset began trending upwards in November, catalyzed by renewed bullishness and ecosystem growth. As a result, Crypto Michael remains upbeat that a second phase of rapid price development is imminent. “Doubt me at your own risk,” he warned.

Is $3 Just the Beginning?

Interestingly, other analysts have called for far higher prices for XRP, suggesting that a rally above $3 could be a fraction of what is on the horizon. For context, analyst JD predicted a fivefold price rally, possibly to $12.45, citing super bullish MACD and Stoch RSI signals.

Furthermore, a report by The Crypto Basic highlighted an analysis that stated that XRP could easily surpass $10 this cycle. The commentary explained that the token would easily trade at $17.8 if it reclaims 2018’s 31.33% market dominance.

At the time of writing, XRP trades at $2.58, up 3.17% in the past 24 hours.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Original source:thecryptobasic

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