Ripple’s $XRP is up 25% overnight, bringing its gains over the past week to more than 60%. The token is now priced at $1.42 and traders are wondering—is $XRP setting up to topple its all-time high of $3.84?
We’ll take a closer look at XRP’s price potential as we head into the bull market.
$XRP Rockets Higher on Bullish Momentum, Analysts Predict Major Upside
The $XRP price chart for the past month shows exponential growth as the token rocketed from $0.50 at the start of November to $1.42 today.
Trading volume has increased more than 200% in the past 24 hours alone to over $22 billion on news that SEC Chair Gary Gensler will resign. Gensler oversaw the SEC’s long-standing litigation against Ripple, which asserted that the $XRP token was an unregistered security.
Gensler’s resignation paves the way for a more crypto-friendly SEC chair to take the reins under President Trump, and $XRP could be one of the biggest beneficiaries.
Without the threat of legal action, financial institutions could finally adopt $XRP for cross-border payments on a large scale, creating a surge of demand for the token.
While crypto analysts are still digesting the news of Gensler’s resignation, technical analysts have been pounding the table on $XRP. One trader, @subjectiveviews on X, identified a rising wedge pattern and issued a $20 price target for $XRP once it breaks out of the pattern.
Another analyst, @odrabea, used mathematical modeling to forecast a more conservative price target between $2.50 and $3.50 by the end of 2025.
Our own technical analysis shows that $XRP is unlikely to let off the gas anytime soon. Momentum indicators like MACD and RSI are red-hot, and $XRP is well above its short-term moving average.
The price is now tracking along its upper Bollinger Band, indicating that $XRP is not yet overbought and could have room to move even higher.
The upshot is that the $3 price target—and potentially even a new all-time high—could be within reach for $XRP as soon as the end of the year. A lot could hinge on who Trump selects to be the next SEC chair, so traders will want to keep a close eye on the news over the next few weeks.
Altcoin Presales Soaring, Offering Huge Potential for Early Investors
While $XRP’s price action is exciting, it’s important to keep the potential gains in perspective. Even a jump to a new all-time high represents a return of just 170%.
Meanwhile, emerging crypto tokens, especially in the meme coin space, offer potential returns of 100x or more. Buying the $DOGE or $SHIB of this cycle has the potential to turn traders into millionaires virtually overnight.
Already, several candidates for the next 100x token are emerging.
Pepe Unchained is at the top of the list after raising more than $40 million in one of the most epic meme coin presales of all time. The $PEPU token presale ends in just 20 days.
The project has promised Tier-1 exchange listings, so we expect fireworks when this token begins trading. We’re not alone in that—vaunted meme coin analyst ClayBro has predicted that Pepe Unchained is set to be the next Pepe.
Crypto All-Stars is another candidate to watch. The project has raised more than $5 million in early sales of its $STARS token.
It has the potential to be one of the most important meme coins of the meme coin supercycle because it offers staking rewards on popular tokens like $DOGE, $SHIB, $PEPE, and more.
The Crypto All-Stars presale ends in just 27 days.
Traders should also keep an eye on Quebetics, a new Layer-1 multichain ecosystem that’s bridging top networks like Ethereum, Solana, Bitcoin, and others.
Each of these chains has seen enormous growth in the early days of the bull run, and a surge in trading volume could drive significant growth in Quebetics’ $TICS token.
The Quebetics presale has raised more than $2.7 million already and has amassed a community of more than 3,400 token holders.
