Crypto analyst Dark Defender forecasts that XRP could reach 5 USD by 2025, based on current price trends. Despite a recent 4.4% drop, the analyst believes the formation of a triple bottom pattern at 1.95 USD support could drive prices upward. This includes overcoming resistance levels at 2.5 USD.
The broader crypto market is experiencing declines, with BTC and ETH facing similar downward trends. The upcoming inauguration of Donald Trump could act as a catalyst, possibly prompting sell-offs before the event, as some analysts suggest such a situation would be a “sell the news” event.