In a recent video, crypto expert Levi Rietveld provided a detailed price prediction for XRP, analyzing where the popular cryptocurrency could be headed by 2025.Ā
Leveraging historical data and current trends, RietveldĀ offeredĀ his price target for XRP. He explained why investors should consider buying now to secure substantial profits in the near future.
XRP Trend Has Improved
Rietveld noted that XRP exceeded his initial predictions, surpassing market expectations. This referred to XRPās performance in November when itsĀ price expandedĀ by around 5X to nearly $3. Now, Rietveld feels confident about the XRPās trajectory moving into 2025.Ā
āNow that we have more updated information on what XRP has done today, I have a pretty good idea of what we can expect going into the new year,āĀ Rietveld said. Accordingly, he analyzed the potential worth of a portfolio holding 1,000 XRP tokens for 2025.
Why 1,000 XRP?
Meanwhile, Rietveld addressed why he choseĀ 1,000 XRPĀ as a benchmark for his price predictions. According to him, 1,000 XRP makes the math easier and is a realistic goal for many investors.Ā
He also noted that the majority of XRP holders currently own fewer than 1,000 coins. However, Rietveld encourages his followers to aim for higher amounts, such as 10,000 to 25,000 XRP, to maximize potential returns.
Market Dominance and the Path to $70
Meanwhile, in exploring XRPās price outlook, Rietveld analyzed XRPās historicalĀ market dominance. He noted that the coin has seen significant growth in recent months. From September to November 2024, XRPās market capitalization more than tripled, increasing from 1.25% to 3.91% of the total crypto market.
Rietveld predicts that XRP could achieve 20% market dominance by 2025, which would result in a 6X increase in its current price of $2.31. In this scenario, XRP could reach a price of $20 per coin, he added.
Notably, 1,000 XRP today, which costs $2,310 today, would be worth $20,000 in this case.
Meanwhile, Rietveld also pointed out that in an extremely bullish case, XRP could surge even higher, reaching a price of $70 per coin. Here, the value of 1,000 XRP would be $70,000.
Notably, Rietveld drew inspiration for XRP to attain aĀ 20% share of the global crypto market share from the figures XRP commanded during its peaks in the 2014 and 2017 cycles. Specifically, in both cases, XRP saw a dominance of 16.9% and 18.1%.
Conservative Estimate for XRP
While Rietveld remains optimistic about XRPās potential, he provided a more conservative estimate for the coinās 2025 price. Assuming XRP captures 10-15% of the crypto market and the total market cap reaches around $12 trillion, Rietveldās target price for XRP is around $20 to $23 per coin.Ā
āThis price is very reasonable, considering how much the market capitalization has grown in past bull cycles,āĀ he said.
