The crypto world is closely watching XRP as analysts predict a significant price surge could be on the horizon. A post by crypto analyst JackTheRippler on X has further fueled expectations. According to him, XRP is on the verge of a breakout that could push its price above $5.
Technical Analysis: Can XRP Reach $5.15?
A TradingView chart shared by analysts shows XRP currently hovering around $2.75. The analysis suggests a potential 88% increase, which would push XRP to $5.15. The chart also draws a parallel to a previous 483% surge, where XRP experienced a strong rally.
#XRP is preparing for a big move to over $5!
Are you ready? pic.twitter.com/4WJjKpEIWS
— JackTheRippler ©️ (@RippleXrpie) February 16, 2025
One key bullish signal is the increasing buying pressure. The rising trading volume indicates strong demand, which boosts the likelihood of a breakout. If XRP surpasses the $3 mark, it would serve as a strong confirmation of an uptrend. Should market conditions remain favorable, the price could rise even faster.
Optimism Within the XRP Community
JackTheRippler’s bold prediction has sparked enthusiasm within the XRP community. Many investors are reacting positively, believing that this could be the moment they’ve been waiting for.
“A $5 XRP seems like the next logical step,” commented a user named Steven.
Fiona, another XRP supporter, echoed this sentiment, calling it “an opportunity not to be missed.”
However, not everyone shares the same patience. XRP has languished in a long consolidation phase, frustrating some investors. Crypto enthusiast Furd Turgeson voiced his frustration, saying he’s tired of waiting and hopes this breakout finally propels XRP to new highs.
Factors That Could Influence XRP’s Price
Whether XRP successfully breaks past $5 depends on several factors. A key element is its regulatory status, which remains a major market mover.
The recent acknowledgment of XRP-related ETF applications by the U.S. Securities and Exchange Commission (SEC) has intensified speculation about XRP’s classification. If XRP is categorized similarly to Bitcoin (BTC) and Ethereum (ETH)—both recognized as commodities—it could pave the way for broader institutional adoption.
Although the SEC has yet to make a final decision on XRP’s status, the lack of an outright rejection of these ETF filings suggests increasing institutional acceptance. Should an XRP ETF be approved, it could unlock a new wave of institutional investments, significantly boosting demand and bringing greater stability to the XRP market.
