---
title: "Popular Analyst Maps Out Ripple’s (XRP) Next Big Move"
url: https://diffcoin.com/popular-analyst-maps-out-ripples-xrp-next-big-move/
description: "XRP could drop to $2.05 before its next leg up, said Ali Martinez."
published: 2025-01-04
updated: 2025-01-04
author: "Mila"
site: "Diffcoin"
---

# Popular Analyst Maps Out Ripple’s (XRP) Next Big Move

**TL:DR;**

- XRP rebounded from its most recent price slip below $2, but the asset might not be out of the woods yet.
- However, a popular crypto analyst suggested that a potential decline toward that level again could be beneficial for XRP’s long-term price movements.

![XRPUSD. Source: TradingView](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxODM1IDgxOSIgd2lkdGg9IjE4MzUiIGhlaWdodD0iODE5IiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNSUyRjAxJTJGWFJQVVNELTEucG5nIiBkYXRhLXc9IjE4MzUiIGRhdGEtaD0iODE5IiBkYXRhLWJpcD0iIj48L3N2Zz4=)

XRPUSD. Source: TradingView

Ripple’s cross-border token went on a massive run after the US elections, skyrocketing by triple digits at one point and peaking close to $3. All of these gains came in the span of a few weeks, but the asset lost momentum at the start of December.

It tumbled hard on several occasions in the following weeks, with the latest decline to under $2 transpiring last Monday – December 30. This came during the most recent market-wide correction.

However, the popular crypto asset reacted well to this decline and shot up by over 20% since then, currently sitting at around $2.45. Consequently, XRP has regained its spot as the third-largest cryptocurrency by market cap by surpassing Tether’s USDT.

According to analyst Ali Martinez, XRP still stands below a steep resistance level of $2.73, which has stopped its price ascent on a couple of occasions during this rally. If the asset fails to overcome it soon, it could slump back to $2.05.

However, Martinez actually believes that such a scenario could be a blessing in disguise for XRP, which could catapult it toward a fresh all-time high above $3.4 (CoinGecko data) and all the way up to $11.

> [$XRP](https://twitter.com/search?q=%24XRP&src=ctag&ref_src=twsrc%5Etfw) is still consolidating within the pennant of a massive bull pennant pattern. Until the $2.73 resistance is broken, a pullback to $2.05 remains possible before a potential breakout to $11! [pic.twitter.com/ET39FJMtAc](https://t.co/ET39FJMtAc)
> 
> — Ali (@ali_charts) [January 4, 2025](https://twitter.com/ali_charts/status/1875456381383270620?ref_src=twsrc%5Etfw)

It’s safe to say that $11 sounds quite extraordinary for XRP. Such a price tag would put the asset’s market cap at well over $600 billion, which would help it top Ethereum in that regard. Although this might sound plausible under a friendlier Trump administration, it’s still a long way away and falls under the category of exaggerated price predictions.

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[Source link](https://cryptopotato.com/from-2-to-11-popular-analyst-maps-out-ripples-xrp-next-big-move/)
