A popular crypto analyst has shared a highly optimistic price prediction for Ripple (XRP). In a recent social media post, Armando Pantoja, an analyst with nearly 20,000 followers, forecasted that Ripple’s XRP could reach between $25 and $100 by 2025. As of October 31, XRP was trading at $0.52, suggesting a potential rally of up to 4,700% from current levels, with the highest prediction indicating a 19,130% increase.

Reasons Behind the Bullish Prediction

Pantoja cited four main reasons for his bullish outlook on XRP:

  • Political Changes: He expects Donald Trump to win the upcoming U.S. presidential election. If Trump wins, Pantoja believes he will replace Gary Gensler with a more crypto-friendly regulator.
  • Policy Shifts: Trump has pledged to pardon Ross Ulbricht, the founder of Silk Road. Pantoja suggests this move would promote innovation within the crypto sector.
  • Regulatory Environment: A Trump-led administration could end the practice of regulation by enforcement, making the regulatory landscape more favorable for cryptocurrencies like XRP.
  • Technical Analysis: Ripple’s seven-year pennant pattern is seen as poised for a breakout in 2025.

Pantoja summarized his prediction with the following points:

$25-$100 XRP in 2025

– Trump fires SEC’s Gary Gensler, removing a major XRP barrier

– Pardoning Ross Ulbricht, signaling freedom in crypto innovation

– Easing SEC’s grip on XRP, paving the way for market growth

– XRP’s 7-year pennant breakout signaling strong breakout

Risks and Challenges

However, Pantoja’s forecast carries significant risks:

  • Election Outcome: Trump may not win the election. Analysts caution that prediction markets may not be the most reliable indicators, as their users tend to lean conservative.
  • Polling Uncertainty: Most polls indicate a close race in key swing states, such as Nevada, Wisconsin, North Carolina, and Michigan. The accuracy of these polls remains uncertain.
  • Fundamental Risks: Ripple faces potential challenges, including the underperformance of its upcoming stablecoin. Data shows that many newly launched stablecoins, like PayPal’s, have not achieved significant success.

Technical Analysis

From a technical perspective, XRP has formed a head and shoulders (H&S) pattern on the weekly chart, a formation generally considered bearish. Additionally, XRP has dropped slightly below the 100-week and 50-week Exponential Moving Averages. A break below the ascending trendline connecting the lowest swings since June 2022 could signal further downside, with the next level to watch being $0.2886, its lowest point in June 2022.

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