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XRP ended 2024 at a price of around 2.10 USD. Despite the decline in the last weeks of the year, the digital currency is still doing well. Dutch analyst Michaël van de Poppe recently published his specific buy levels to optimally profit from the current correction.
Consolidation after strong increase
Van de Poppe emphasizes that little spectacular has changed on the XRP chart. The recent price correction follows a rise of over 400% in November. This growth was stimulated by macroeconomic developments, such as the resignation of SEC Chairman Gary Gensler and the election victory of Donald Trump, who will be sworn in as president again in January.
Important price levels
Van de Poppe sees the recent correction as a logical consequence of the strong price increase in November. He highlights two important support zones that investors should keep an eye on:
- 1.82 USD : This level has already proven itself twice as a strong demand zone from which the price has successfully bounced.
- 1.58 USD : A former resistance level that is now acting as support.
Van de Poppe expects XRP to rebound from one of these levels. Such a rebound could not only lead to a retest of the December high, but potentially a new all-time high. XRP’s previous record price is 3.40 USD.
Request 03 – $XRP. Remains the same.
It’s consolidating after an explosive run earlier.
I expect the higher timeframe support zones to be tested again and those are the most optimal ones to get into Ripple.
Positive outlook from other analysts
Other analysts are also optimistic about the future of XRP. Well-known analyst Egrag Crypto even sees a scenario in which the digital currency could rise to as much as 27 USD in 2025 if an extremely optimistic case occurs. In a more conservative scenario, he predicts a rise to 6.40 USD by March 2025 – a growth of over 200%. In a bullish scenario, he sees a peak of around 8.50 USD, which represents an increase of over 300%.
Although these figures seem promising, it is important for investors to closely monitor market developments and apply good risk management.
Analyst: “If you don’t own 10,000 XRP, you’re making the biggest mistake of your life”
2024 was undoubtedly an excellent year for XRP. The digital currency finally broke the 1 USD barrier and even reached its highest level in almost seven years: 2.90 USD. Many analysts predict that 2025 could potentially be even better.
According to Edo Farina, founder of Alpha Lions Academy, everyone should own at least 10,000 XRP. In a recent post on X, he explained that not holding this amount is a “big life mistake.”
A significant investment
The current XRP price is $2.37, which means that buying 10,000 tokens is equivalent to an investment of 23,700 USD. For many, this is a significant amount, but Farina sees this as a logical decision, as he believes in a possible price increase to 100 USD in the distant future.
Those who bought XRP a few months ago have already made significant profits. At the beginning of November, for example, the token was still at 0.50 USD, which would have meant an investment of 5,000 USD for 10,000 XRP. Lucky people who got in during the low in July 2022 paid only 0.30 USD per token. They were able to buy the same amount of XRP for just 3,000 USD.
A small elite
Blockchain data shows that only a small percentage of XRP wallets actually hold 10,000 or more tokens. Of the 5.8 million wallets, only 429,000 meet this criterion, which is about 7.4% of all wallets.
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