XRP is gaining momentum and is trading just below the key $3.00 mark. Analysts are discussing the direction in which the token's price may move.
Current Market Situation of XRP
Currently, Ripple's token (XRP) is trading around $2.93, close to the $3.00 resistance that many traders are closely monitoring.
Analyst Predictions
A recent video analysis by analyst Ali Martinez predicts the possibility of a strong upward movement for XRP towards $4.80, if the price closes above $3.00 on the weekly chart. However, not all analysts are so optimistic. For example, CoinCodex forecasts a price of $4.14 by 2026, while CoinDCX predicts a range of $2.35–$2.45 this month.
Realism of the $4.80 Predictions
Closing above $3.00 could signal strength and lead to increased buying pressure. However, hitting the $4.80 level in the short term may be overly ambitious, given historical volatility.
Overall, Ali's prediction of $4.80 is possible, but it hinges on XRP's ability to break and sustain the $3.00 level. The cryptocurrency market remains volatile, and any forecasts should be approached with caution.
