How high can XRP price go?
XRP has begun 2025 positively, increasing over 5% year-to-date to $2.46 as of January 7. A bull flag setup on the daily chart indicates a potential rise of 70%, aiming for a target of $4.17 by February. XRP's relative strength index is near 60, leaving room for upward momentum, and it remains above the 50-day EMA, which acts as strong support. Analyst Peter Brandt posits that XRP could experience a 262% surge, targeting $6.40 per token, if a half-mast flag pattern plays out. Additionally, a significant rise in open interest (OI) from $2.71 billion to $4.49 billion indicates a strong expectation for price increases. Historically, spikes in OI have led to substantial price rallies, suggesting XRP could reach $4.90 by March if trends continue. However, as noted, this article does not provide investment advice, and individuals should conduct their own research.
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