XRP Becomes Third-Largest Cryptocurrency with $139 Billion Market Cap
The cryptocurrency market has shown signs of recovery, with significant gains among large-cap assets. Notably, XRP has demonstrated a strong resurgence, achieving double-digit profit over the past week and becoming the third-largest cryptocurrency by market capitalization, displacing the USDT stablecoin.
Can The Price Of XRP Soar 350% In 2025?
Crypto analyst Ali Martinez recently analyzed XRP's price potential, suggesting it could rally to around $11. This prediction is based on the formation of a bull pennant price pattern on the 12-hour chart, which indicates a continuation of an upward trend following a price spike and subsequent consolidation.
The key level to monitor is $2.73, a significant resistance point. Martinez notes a possible price correction to $2.05 if XRP faces rejection at this mark. However, a successful breach and close above $2.73 could propel XRP to an all-time high of $11, representing over a 350% increase from current levels.
XRP Price At A Glance
Currently, XRP is priced at approximately $2.42, indicating a 1% decline in the past 24 hours, although it remains up over 16% for the week. XRP ranks as the third-largest cryptocurrency by market capitalization, with a market cap exceeding $139.1 billion, according to CoinGecko.
