XRP Breaks 8-Year Downtrend Against BTC: Analysts Predict $14 Target in 2025

XRP has officially broken an 8-year downtrend against Bitcoin (BTC), sparking excitement among investors.

Crypto analysts now anticipate a potential rally to $14 as momentum builds heading into 2025. In the past 24 hours, XRP’s price has surged 12%, fueled by aggressive whale accumulation and speculation surrounding a possible ETF listing in the United States.

Rising Whale Transactions Signal Confidence  

The XRP network has seen a notable increase in high-value transactions. Data from @santimentfeed reveals that 341 transactions over $1 million occurred within the past day. Additionally, whales have collectively purchased a staggering 1.09 billion XRP in the last week, signaling growing confidence in the token’s long-term potential.

Market Correction Signals Emerge  

Despite XRP’s recent surge, the TD Sequential indicator has flashed sell signals for key cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL). These warnings, observed on 4-hour charts, suggest the possibility of a market-wide correction ahead of the upcoming CPI report, which could impact investor sentiment in the short term.

Outlook: Momentum Builds for 2025  

As XRP gains traction, its breaking of a long-standing downtrend against BTC marks a significant milestone. Analysts remain optimistic about its trajectory, particularly with increasing whale activity and the potential for an ETF listing. While short-term corrections may occur, XRP’s current momentum positions it as a strong contender for substantial growth in the coming years.

For investors, XRP’s recent developments highlight both immediate opportunities and the potential for significant returns as we approach 2025.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Image Source: parilovv/123RF // Image Effects by Colorcinch