---
title: "Is the XRP Price Ready for Another Rally?"
url: https://diffcoin.com/is-the-xrp-price-ready-for-another-rally/
description: "Some popular analysts believe XRP could soon rise to $2."
published: 2024-11-27
updated: 2024-11-27
author: "Mila"
site: "Diffcoin"
---

# Is the XRP Price Ready for Another Rally?

**TL;DR**

- XRP surged to $1.44 with increased network activity signaling growing interest and potential for further gains.
- Analysts predict targets of $2 soon and over $4 by Christmas, driven by bullish momentum.

## XRP’s Resurgence

Ripple’s native token has been flying high recently, with its price jumping to a three-year high of $1.60 on November 23. In the following days, it headed south alongside the broader market correction, but the past 24 hours have been more than successful.

Currently, XRP trades at around $1.44, representing a 10% daily increase. Its market capitalization is well above $80 billion, positioning the asset as the sixth-largest in the entire sector.

![XRP Price](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxMDU2IDcyOCIgd2lkdGg9IjEwNTYiIGhlaWdodD0iNzI4IiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNCUyRjExJTJGWFJQLVByaWNlLTE0LnBuZyIgZGF0YS13PSIxMDU2IiBkYXRhLWg9IjcyOCIgZGF0YS1iaXA9IiI+PC9zdmc+)

XRP Price, Source: CoinGecko

The revival coincides with some important XRP-related metrics that have been on the rise recently. For instance, the XRP payments from one account to another soared above 1.2 million on November 26 (marking an 85% increase on a 24-hour scale). The number of executed transactions on the XRP Ledger (XRPL) has also pumped substantially.

This typically indicates increased activity and utilization of the network. It can also signal a growing interest in XRP, which could be followed by a further price rally of the underlying asset.

Crypto X is full of analysts expecting the bull run to continue in the following months. Dark Defender thinks XRP could spike to $1.63 if it surpasses the $1.44 resistance level.

> “If we see 3 consecutive candle closes especially on 4-hour frame, then we consider a run towards $2 area! And that would be just the beginning of the beginning,” the trader added.

Mikybull Crypto also believes the price is headed to $2, while JAVON MARKS speculated that XRP could reach a staggering $99 if it mirrors its performance in the past.

It is important to note that the token’s market cap needs to skyrocket beyond $5 trillion for this to happen. Currently, the capitalization of the entire sector is less than $3.5 trillion, making the forecast quite challenging (to say the least).

## New ATH Before Christmas?

Other analysts who see a bright future ahead for XRP include the likes of CrediBULL Crypto and Crypto Assets Guy. The former recently suggested that the token’s valuation could head north to $1.60 “as long as BTC doesn’t ruin the party.”

The latter was even more bullish, envisioning a pump to $2 by the end of November and a new all-time high of over $4 before Christmas. Moreover, they assumed XRP could skyrocket to $10 during the first quarter of 2025.

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