As of April 16, 2025, XRP trades for about $2.08, with a slight drop of 3% in the last 24 hours. Even in the short term, analysts tend to look increasingly positive for the future trajectory of XRP concerning Bitcoin performance.
Past price movements of XRP have been proved to be co-mingling with the market activity of Bitcoin. Ultimately, Bitcoin will grow above $100,000 due to the spot Bitcoin institutional ETF and halving events, which will eventually decrease new supply. Predictions by analysts at Bitwise say Bitcoin will even go above $200,000 by 2025, with some going on to say that with certain government strategies, it could reach as high as $500,000.
The bullish narrative of Bitcoin is set to be replicated in altcoins like XRP. Analysts surveyed by Standard Chartered projected that XRP can reach $12.50 by 2028, with the projection built on increased institutional adoption and likely gains to overtake Ethereum's market capitalization.
One more boost to the already growing investor confidence towards XRP is the recent legal win by Ripple, whereby the SEC dropped its appeal. This victory removes a substantial regulatory hurdle to increased adoption and price appreciation.
Technical analysts have identified bullish patterns within the price charts showing XRP. In terms of a symmetrical triangle pattern, it indicates a likely breakout with price targets of between $2.77 and $4.20 in the near term, while also the Relative Strength Index (RSI) indicates strong demand without moving to overbought areas, also supporting the case for more upward movement.
XRP is building interest among institutions. The approval of XRP exchange-traded funds (ETFs) will legitimize investment and bring in a huge inflow. Analyst Zach Rector suggests that ETF inflows may push the price of XRP to $15 using a market cap multiplier model to extrapolate those effects.
But it will be interesting to see other risks involved. Some analysts are speaking about possible price corrections, with some stating that XRP would drop to as low as $1.35 if certain support levels did not hold. Others say that the high expectations connected with the SEC lawsuit for XRP may already have been priced into the market before any immediate gains.
So to sum up, the price of XRP is determined by many factors including legal developments, institutional adoption and technical indicators[a1] , but still, it has the biggest driving power in correlation with trends in Bitcoin. As Bitcoin rises, XRP would undoubtedly follow along, with analysts confident of a mismatch in price gains in the following years.