XRP Can Reach $1.2T Cap, Top Analyst: Here’s What XRP Would Look Like in Such a Case

XRP has surged nearly 500% in recent weeks but faced resistance after reaching $2.87. The asset’s price has recently hovered around $2, dipping to $1.90 before rebounding. Despite this, CrediBULL, a popular analyst, remains optimistic, suggesting XRP is in a strong long-term uptrend.

• Key prediction: CrediBULL forecasts XRP could reach $22 in early 2025, translating to a $1.2 trillion market cap—a staggering 820% increase from its current market cap of $137 billion.
• Current market position: XRP trades at $2.39, with ongoing consolidation that aligns with historical bullish patterns.
• Analyst’s outlook: CrediBULL emphasizes focusing on the bigger picture, dismissing short-term fluctuations as “noise” for non-traders and reaffirming a bullish market structure.
• Possible triggers: While acknowledging potential catalysts like RLUSD stablecoin and lower interest rates, CrediBULL stresses the importance of the chart and broader market dynamics over specific events.

As XRP consolidates, the path to a $1.2 trillion market cap by 2025 hinges on a breakout from its current structure, aligning with historical trends.