A Wall Street analyst has suggested that XRP could soar to as high as $33 based on historical price patterns and a 4-year cycle that has previously driven massive gains.
XRP has recently seen its price double, surpassing the $1 mark for the first time in years. This has triggered optimism among investors that the digital asset is poised for continued growth.
Linda Jones, a renowned Wall Street analyst, predicted that XRP could surge to as high as $33 by 2025. She cited a historical 4-year price cycle that has previously fueled major gains for XRP. According to Jones, technical charts show a strong possibility of XRP following the same pattern.
XRP 4-Year Cycle Trend
Notably, XRP’s first historic run occurred in December 2013, when it hit a cycle peak above $0.0422—an impressive improvement from trading with two zeros earlier. A bearish cycle followed, with XRP eventually reaching an all-time low in 2014.
Four years later, in 2017, another major price run took place. This time, XRP broke the $1 mark and peaked at $3.84. Likewise, a downtrend followed, bringing XRP close to trading with zeros again. Yet, another substantial price run occurred four years later, in 2021, with the asset peaking at $1.96.
XRP historical chart by Crypto Bull
With this repeated four-year cycle of parabolic runs, analysts are projecting a promising 2025 for XRP. Market commentators like Jones believe XRP could reach a price range of $33 to $40 next year if this trend continues. However, she noted that the market may experience pullbacks before reaching these highs.
Other Factors Contributing to a Promising Outlook for XRP
Several key factors contribute to Jones’s bullish outlook on XRP. Notably, the potential end of the long-running legal battle between Ripple and the U.S. SEC is a major catalyst.
Speculation has been mounting that SEC Chairman Gary Gensler may resign after Thanksgiving, which could help bring the Ripple lawsuit to a positive conclusion and clear the way for XRP’s price to move higher.
In addition, Jones points to the growing institutional interest in XRP, fueled by the filing of XRP-based exchange-traded funds (ETFs) and Ripple’s new stablecoin, RLUSD. These developments could attract massive investment and drive increased adoption of XRP’s underlying technology.
Furthermore, Jones also cited the possibility of favorable U.S. crypto regulations, such as the elimination of income taxes on crypto gains for U.S.-based companies.
