- An ample supply worthy of Midas himself rather limits XRP‘s leap above $3. Oh, the excess!
- Resistance looms at $2.35—like an unsmiling bouncer at a rather exclusive club.
- Odds of an ETF: allegedly high enough to make even the most cynical banker giggle with hope.
As 2025 gently creeps up, a feverish fraternity of fortune-tellers has taken to predicting XRP’s price at more than three American dollars per coin (never shill, always thrill). According to the high priests of technical analysis, a mysterious descending triangle forms—a geometric omen! If only Pythagoras had known about such modern wonders. Should the planets (and the news cycle) align, one might expect an epic surge to $3.35, a dazzling 50% leap from today’s prosaic $2.20. This optimism is, naturally, powered less by mathematics and more by the intoxicating aroma of ETF rumors and the enchanting prospect of SEC lawsuits wafting gently into the past. Yet, let us pause amid this revelry—the small matter of 59 billion XRP coins in circulation imposes the mother of all hangovers. To reach $3, the market must summon more than $165 billion—enough to make Croesus blush. And talk of $30 per coin? Please, do not tease Jupiter!
Source – CMC (Curiosity Mainly Compensated)
Dreamers propose numbers that would require the wealth of empires to materialize; mention of a $30 XRP and its trillion-dollar cap is suitable for a Wildean comedy of errors—nay, a Greek tragedy. It escapes their notice that capital, liquidity, and macroeconomic climates do not move by mere proclamation, no matter what Twitter says.
Technical Risks: The Social Climbers of the Crypto Cotillion 🕺
Source: TradingView (or, as I call it, ‘The Looking Glass’)
Alas, XRP finds itself rejected at $2.35, much like an ill-dressed guest at an exclusive Mayfair soiree. Support comes at $2.17, and, should it hold, a minor celebration to $2.65 might ensue. Should it falter, however, one must steel themselves for a plunge to $1.96, or the far crueler embrace of something even lower.
Source: TradingView (for heavy sighs and wishful thinking)
The chart’s descending triangle is a somber thing—predicting a decline toward $1, should support at $2.10 bid us adieu. Statues have crumbled for less.
Source – Polymarket (because prophecy needs backing!)
Yet, uplifted by the partnership of Ripple and the redoubtable Santander—or was it simply a rousing rumour?—and fueled by Bloomberg’s declaration of a 95% chance for ETF grace, the bulls dare to dream. Still, technical indicators such as a neutral RSI and diminishing wallet creation rather spoil the party linens.
At present, XRP careers between $2.15 and $2.40, held ransom by rate decisions that make the Federal Reserve’s committee seem positively Shakespearian, and international tensions worthy of a penny dreadful. Pausing only for breath as the SEC delayed its legal drama by sixty delightful days and Franklin Templeton’s ETF application gathers dust, the market teeters on a tightrope strung between hope and ennui.
To its credit, the XRP Ledger processes payments as efficiently as a butler at a country estate—each transaction costing less than the tip one gives said butler ($0.0002). Its suitability for cross-border payments and Ripple’s bid for a US banking license are the stuff that brings long-term smiles (and short-term fainting spells).
The real drama: despite signs of higher lows (a most fashionable thing), XRP’s party is dampened by an 80% decline in new wallet creation since January—a clear sign, if ever there was, that even the anticipation of a glittering ETF soirée cannot quite drown out the threat of an unceremonious correction. 👑📉
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2025-07-03 22:28