XRP’s Wild Ride: From Trump’s Triumph to $12.50 or Bust! 🚀

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TL;DR

  • Despite the crypto apocalypse, Standard Chartered predicts XRP will hit $5.50 this year and $12.50 by 2028. Because, why not?
  • Some analysts see bullish signals like an MACD breakout, while others warn of a drop to $1.30. Because crypto is nothing if not predictable. 🙃

Ripple’s native token, XRP, spent most of 2024 languishing in the $0.50-$0.60 range, like a forgotten relic in a dusty attic. But then, Donald Trump’s victory in the US presidential election in November 2024 happened, and suddenly, XRP was the belle of the ball. It surged past $2.50 within a month and nearly matched its all-time high of $3.40 in January 2025. Because, of course, Trump’s presidency is the ultimate crypto catalyst. 🎉

However, the euphoria was short-lived. Over the next few months, the price retraced, and XRP now trades at around $1.80. But fear not! Standard Chartered, the British bank with a penchant for bold predictions, believes XRP has more fuel in the tank. They predict it could reach $5.50 by the end of this year and $12.50 by the end of 2028. Because, apparently, XRP is the crypto equivalent of a phoenix rising from the ashes. 🦅

The bank cites the potential approval of XRP exchange-traded funds (ETFs) as a major catalyst. Earlier this week, asset manager Teucrium introduced the first XRP-based ETF in the US, and the community is eagerly awaiting the launch of a spot ETF. Companies like Grayscale, Bitwise, 21Shares, and Franklin Templeton are all racing to roll out such investment vehicles. Because nothing says “bullish” like a bunch of financial institutions jumping on the bandwagon. 🚂

Trump’s return to the White House has been nothing short of a spectacle. He’s made numerous promises to let the crypto industry flourish, pledged to turn America into a global hub for crypto, and has consistently signaled his support for the growth of US-based digital asset companies. At the beginning of March, he confirmed that his administration would move forward with establishing a strategic crypto reserve that would include XRP. However, when he signed the executive order on the initiative, XRP was notably absent, as the focus was solely on Bitcoin. Because, of course, Bitcoin gets all the love. 💔

Despite this, XRP’s price soared significantly, though the spike was short-lived. Further endorsement from Trump could positively impact its value in the coming months and years. But let’s not get ahead of ourselves. An explosion to $12.50 would require XRP’s market cap to hit almost $700 billion. As of this writing, it’s less than $105 billion. Because, you know, dreams are free. 🌈

Additional Forecasts

Crypto X is rife with analysts envisioning that XRP could head north soon. JAVON MARKS recently assumed that the asset’s MACD (Moving Average Convergence Divergence) indicator nears “a breaking point.”

“This divergence suggests that bulls can return with dominance and shift prices into continuing the recent major uptrend back towards $3.30+. XRP can have more in the tank,” the trader added.

The MACD is a technical analysis tool that helps traders spot trend changes and momentum in XRP’s price, giving possible buy or sell signals. Because, apparently, lines on a chart are the key to financial success. 📈

However, not everyone is so optimistic. Ali Martinez noted the token’s plunge below $2, predicting a further slump to $1.30. Because, in the world of crypto, for every bull, there’s a bear waiting to rain on the parade. 🐻

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2025-04-09 09:43