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Venture Platform Predicts XRP Price in the Next 6 to 12 Months

By Published On: October 26, 20242.7 min readViews: 170 Comments on Venture Platform Predicts XRP Price in the Next 6 to 12 Months

Future Trends Capital, a venture-building platform, recently predicted XRP price along with targets for other top assets in the next six to twelve months. 

Notably, XRP has faced struggles in the bid to regain the level projected by the platform. For context, Future Trends expects XRP to eventually claim the elusive $1 price level through April to November 2025.

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However, currently trading at $0.51, the XRP price must contend with multiple resistance levels before it can reclaim the $1 mark. The altcoin has traded underneath this level since it dropped below it in December 2021.

XRP’s Battles Below $1

The closest XRP came to hitting this level was in July 2023, following a ruling in the SEC vs. Ripple lawsuit, which clarified that XRP itself is not a security. This legal victory briefly pushed XRP up to $0.93 but it met stiff resistance, preventing it from hitting the $1 target.

To reach $1 within the next six to twelve months, XRP price would first need to break past several critical resistance points on its price chart. 

The weekly chart shows that XRP must clear the Pivot level at $0.6211 if it wishes to trigger the bullish trend that might catalyze such a run. A successful push past this level could attract more buying interest, helping to build the momentum.

XRP Price ChartXRP Price Chart
XRP Price Chart

Afterward, XRP price would face resistance at the upper Donchian Channel line, currently around $0.6650. This resistance line has acted as a cap on XRP’s price, requiring upward pressure for a breakout. 

Next, XRP would need to overcome the $0.8686 mark, the last major roadblock below $1. Breaching this line could pave the way for a move to $1.0215, a level that would represent a major achievement for XRP, as it seals a position above $1.

XRP Price to $1 Projections

Several other analysts have projected a push to $1 for XRP, making the April to November 2025 timeline seem less ambitious. For instance, Altstreet Bets predicted last month that XRP is likely to attain $1 before the end of this year. 

In August, an analysis from The Crypto Basic suggested that XRP might be on the verge of reclaiming $1 amid a multi-breakout stage. Also, analyst Steph argued last month that an XRP run to $1.1 would soon materialize as an inverted head and shoulders pattern formed. 

Meanwhile, Future Trends also projected price targets for other top crypto assets besides XRP. They expect Bitcoin (BTC), currently trading at $66,928, to see a substantial increase, with projections placing it around $100,000 within the next year. This price surge would mark a 49.4% rise.

Ethereum (ETH) also has an ambitious price target, with Future Trends forecasting a 143.9% increase from $2,460 to $6,000. Also, they believe Solana (SOL) could rise to $300, an 80.4% increase from its current level of $166.26.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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