In a tweet over the weekend, Jeremie claimed that XRP could potentially climb to $20–$24, a prediction that has ignited debate within the cryptocurrency community.
A Bold Prediction, But With a CaveatJeremie, known for his uncanny market insights, advised caution alongside his bullish prediction. “XRP may hit a price of $20–$24, but it’s not a safe long-term investment for everyone. Trade, but don’t hold blindly,” he tweeted. He underscored his belief that XRP, despite its potential for gains, remains inherently tied to traditional banking systems, a factor he perceives as a risk.
Davinci Jeremie believes the XRP price is potentially heading for the $24 target. Source: Davinci Jeremie via X
He elaborated on his skepticism, stating, “XRP is a cryptocurrency supporting the banking system, just like the Federal Reserve. They have rules, but all those rules can change at the whim. If you want to invest in a cryptocurrency designed to mimic the banks, that’s your choice.”
Jeremie’s stance has evolved notably in recent months. While he once dismissed XRP as “garbage” and predicted its decline, the token’s recent 450% surge since November has prompted a revision of his outlook.
Riding a Wave of Bullish MomentumJeremie’s projection aligns with current market activity and analysis. XRP, trading at $3.18 as of press time, has shown remarkable resilience and growth, reclaiming key psychological levels. It crossed the $1 threshold in November 2024, $2 in December, and recently surpassed $3. Analysts believe the $4–$8 range will be XRP’s next critical test.
Some experts believe XRP’s primary potential upside target is $13. Source: EGRAG_Crypto via X
Ali Martinez, a market analyst, highlighted XRP’s recent bullish flag breakout, predicting a near-term push to $4.40. Supporting this sentiment, EGRAG Crypto, another prominent analyst, identified historical patterns suggesting XRP’s potential to surge further, with price targets of $13, $27, and even $44 under favorable conditions.
Institutional and On-Chain InsightsAdding to the optimism, on-chain data reflects increased activity in XRP derivatives markets. Nansen reports a 46% weekly surge in open interest for XRP futures, now approaching $8 billion—a staggering 300% increase since the start of the month.
James Toledano, COO of Unity Wallet, emphasized the importance of regulatory clarity in XRP’s future. He noted that the approval of an XRP-focused exchange-traded fund (ETF) could attract substantial institutional investment, propelling the token’s value to new heights.
Navigating Historical PatternsMarket analysts have also pointed to historical price patterns as a guide for XRP’s potential trajectory. EGRAG Crypto noted that XRP has previously experienced dramatic blow-off tops, with gains exceeding 2,600% in some instances. Should the token breach the $4.40–$5 range, it could trigger a substantial rally or a sharp correction, depending on market conditions.
Ripple (XRP) price chart (yearly). Source:XRP Liquid Index (XRPLX) via Brave New Coin
EGRAG remarked, “Once XRP enters the $4–$5 zone, it will encounter a powerful energy field that could propel it to unprecedented highs. However, traders must remain cautious and monitor key levels closely.”
Investor Caution Amid OptimismWhile the projections for XRP’s ascent are undoubtedly exciting, experts caution against overexposure. The crypto market remains highly volatile, and even seasoned investors like Jeremie emphasize the importance of disciplined trading strategies.
XRP’s recent achievements and optimistic forecasts showcase its potential to disrupt the financial landscape further. However, its path to $24, as envisioned by Jeremie, will depend on a combination of market sentiment, institutional adoption, and broader regulatory developments.
For now, XRP continues to capture the attention of traders and analysts alike, with its journey serving as a focal point in the evolving cryptocurrency narrative. As XRP news continues to make investors happy, we wish you a profitable 2025.