- XRP is up over 4% today amid a broader crypto market recovery, with trading volume surging nearly 50%.
- Analysts are calling for $8 to $27 XRP, with many agreeing that $20 could be hit this cycle if support holds and momentum builds.
- ETF approval odds and a softened SEC penalty could act as major catalysts for a big move higher.
XRP is back in motion, climbing again this week as traders seem to regain confidence. The surge isn’t happening in a vacuum either—it comes while the broader crypto market, led by Bitcoin and other major altcoins, is showing signs of a fresh rally.
At the same time, concerns over recent geopolitical tensions appear to be fading into the background. With that, some analysts are starting to toss around pretty bold price predictions for XRP, even throwing $20 into the mix—which, let’s be real, is making people pay attention.
XRP Moves Up as Trading Heats Up
Right now, XRP’s trading around $2.25, up more than 4% on the day. What’s maybe more interesting is its 24-hour trading volume—it shot up 47%, crossing $2.5 billion. That kind of action usually means traders are piling in, or at least testing the waters.
That said, zooming out a bit, XRP’s still down about 4% on the monthly chart and has slipped 1% over the past week. But even so, Futures Open Interest is up 5% today, which suggests investors aren’t exactly spooked—they’re leaning in.
And let’s not forget the backdrop: the overall crypto market is pumping again. At the time of writing, the total crypto market cap is sitting around $3.33 trillion, up 2%, while daily volume across the board has popped 30% to $100 billion. So yeah, it’s not just XRP catching a wave.
Could XRP Really Hit $20?
Now here’s where things get spicy. One of the loudest voices lately is EGRAG CRYPTO, who dropped a chart on X suggesting XRP could surge to $22, maybe even $27, with $20 being the big psychological target. According to him, the 9 SMA on the monthly chart hints this is the final leg of the trend. If that’s true… buckle up.
Other analysts are chiming in too. Some say we could see $8 to $19 if the current structure holds up. Then there’s Dark Defender, who pointed out XRP needs to hold $2.20 to target $3.55—but also suggested that history supports a $20 price target, if things align.
So yeah, the charts are getting bullish, and the sentiment is heating up.
What Could Actually Push XRP That High?
Beyond the charts and TA, there’s some real-world stuff backing this optimism. For starters, Polymarket says odds for an XRP ETF approval in 2025 are sitting at a crazy-high 88%. If that actually happens? Well, we saw what the Bitcoin ETF did.
Also in play: the SEC lawsuit. Ripple and the SEC have jointly filed to reduce Ripple’s fine from $125 million to $50 million. If the case wraps up with a lighter penalty, it could give XRP the clear runway it’s been waiting for.
