The market-wide surge, which may have been sparked by Donald Trump’s victory in the US presidential election, appears to be extending to Ripple’s XRP token. Bitcoin (BTC) surged to a new all-time high of $81,800 following Trump’s victory, and other cryptocurrencies followed suit.
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The XRP chart is showing a 10.7% increase from last month. It has also risen by 3.8% on the daily charts and 17.1% weekly charts. Even with the recent surge, XRP still has a 9.4% loss since November 2023. Despite its outstanding rally, XRP still hasn’t been able to overcome the $0.60 level.
Can XRP Reach $1 in the Next Month?
CoinCodex researchers predict that Ripple’s XRP currency will reach its highest price of $0.79 this month, which it might do on November 15, 2025. Platforms predict that the price of the asset, XRP, will drop to $0.62 in December 2024.
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Analysts at Changelly paint a very similar picture of XRP. Platform analysts predict that the asset will reach $0.790537 by Nov. 14, before dropping to $0.673869 on the following day.
Ripple’s XRP has had difficulty gaining traction in recent years, despite its global popularity and the settlement of its case with the SEC. Since its high of $3.40 in January 2018, which was reached more than 6 years ago, this asset has declined by 82.6%.
When will the asset reach $1?
To reach $1 at current prices, a price increase of 69.49% is required.
Telegaon predicts that XRP will surpass the $1 threshold this year. Platform predicts that the asset will trade for a maximum of $1.28 by 2024. The platform doesn’t specify when the XRP price could reach $1.28, despite the optimistic forecast.
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The analysts at Changelly predict that in 2025, XRP could surpass $1. The platform predicts that the asset could trade at $1.18 maximum next year.
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Source: watcher.guru
