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Cryptocurrency News Articles

XRP Has Broken Past $2.60 Again This Week, Setting Its Sights on the $3 Mark

May 15, 2025 at 10:00 pm

XRP has pushed past $2.60 again this week, marking its second break above that level in just a few days. The token is up 17% over the last seven days as traders set their sights on the $3 mark.

XRP Has Broken Past $2.60 Again This Week, Setting Its Sights on the $3 Mark

In a week that has seen cryptocurrency prices largely stall, Ripple’s XRP token has stood out with a 17% gain over the past seven days. The token is now trading at $2.59 and is quickly approaching the $3 mark.

This rally follows two long phases of calm price action—in 2014–2017 and again since 2018—that were each followed by big rallies, according to well‑known trader CryptoWZRD. After holding as low as $1.60 in the recent downturn, XRP is now up 60% from that trough to return to $2.47. His chart suggests that this leg could carry XRP past the $5.00 mark. If that plays out, the token would more than double from today’s levels.

(Chart: CryptoWZRD)

suggest that this leg could carry XRP past the $5.00 mark. If that plays out, the token would more than double from today’s levels.

A $5.90 XRP would push its market cap above $345 billion, placing it just above Ethereum’s current $317 billion valuation. Flipping ETH might feel bold, but it’s worth noting that ETH bulls have piled back in.

Ethereum jumped 30% over the past week—nearly twice XRP’s gain. So even if XRP finds room to run, it may face stiff competition on overall market share.

Other analysts compared today’s roughly 5% market dominance to the 30% seen in early 2018, when XRP reached $3.84. They think a return to that share could drive the price past $10 this year.

However, legal headwinds in the US still hang over XRP after its lawsuit with the SEC, and any setback there could send prices tumbling.

Market experts also painted a super-bullish scenario, saying that if the global crypto market hits $35 trillion, XRP could reach a $1.25 trillion cap—roughly $20 per coin. That’s a 750% jump from $2.60. But even seasoned investors know that giant leaps rarely happen without sharp pullbacks along the way.

At this stage, traders have a clear choice. They can chase XRP as it tests new ground, or they can wait for a pause or pullback before jumping in. The token’s recent strength is evident, but the road to fresh highs could be bumpy. Whether it’s $5.80 or even $20, the journey will be anything but straight.

Original source:tradingview

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