{"id":57842,"date":"2025-04-09T06:28:57","date_gmt":"2025-04-09T06:28:57","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=57842"},"modified":"2025-04-09T06:28:57","modified_gmt":"2025-04-09T06:28:57","slug":"xrp-to-the-moon-standard-chartered-predicts-a-500-price-surge-report","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=57842","title":{"rendered":"XRP to the Moon? Standard Chartered Predicts a 500% Price Surge (Report)"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Despite the recent calamity in the crypto market, Standard Chartered reportedly forecasts a surge to $5.50 for XRP this year and $12.50 before the end of his term.<\/p>\n

While some analysts see bullish signals like an MACD breakout, others warn of a potential drop to $1.30 as the asset trades just below $2.<\/p>\n

<\/a><\/span><\/h2>\n

Gigantic XRP Jump in the Following Years?<\/h2>\n

Ripple\u2019s native token seemed stuck at around $0.50-$0.60 for most of 2024. However, Donald Trump\u2019s victory in the US presidential election in November changed everything and was followed by a massive rally. XRP surpassed $2.50 less than a month after the triumph, while in January 2025, it almost matched<\/a> its all-time high of $3.40.<\/span><\/p>\n

Over the <\/span>next<\/span> months, the price retraced substantially and <\/span>currently<\/span> trades at roughly $1.80<\/span>. <\/span>According<\/span><\/a> to the British bank Standard Chartered, XRP has much more fuel left for another bull run <\/span>in the near future<\/span>.<\/span><\/p>\n

The institution supposedly noted the asset\u2019s progress since Trump\u2019s victory, predicting that the valuation could reach $5.50 by the end of this year and $12.50 by the end of 2028 (shortly before the president\u2019s term finishes). According to Standard Chartered, the potential approval of XRP exchange-traded funds while the Republican stays in charge will be a <\/span>major<\/span> catalyst.<\/span><\/p>\n

Earlier this week, asset manager Teucrium introduced<\/a> the first XRP-based ETF in the US, while the community still awaits the launch of a spot ETF. The companies racing to roll out such an investment vehicle include <\/span>Grayscale<\/span><\/a>, Bitwise, 21Shares, Franklin Templeton, and others.<\/span><\/p>\n

The POTUS re-entered the White House with a splash and an entirely different stance toward the crypto industry (compared to his previous presidency). He made<\/a> numerous promises to let the sector flourish, pledged to turn America into a global hub for crypto, and has consistently signaled his support for the growth of US-based digital asset companies.<\/span><\/p>\n

At the beginning of March, he <\/span>confirmed<\/span><\/a> that his administration would move forward with establishing a strategic crypto reserve that would include XRP (among other leading cryptocurrencies). Shortly after, though, the US president <\/span>signed<\/span><\/a> the executive order on the initiative, and Ripple\u2019s cross-border token was not included as it was solely focused on <\/span>bitcoin<\/span>. In the aftermath, XRP\u2019s price soared significantly, but the spike was short-lived.<\/span><\/p>\n

Further endorsement of the token <\/span>from Trump may positively impact its value in the following months and years. However, it is <\/span>important<\/span> to note that an explosion to $12.5 would require the asset\u2019s market cap to hit almost $700 billion. As of this writing, XRP\u2019s capitalization is less than $105 billion, while <\/span>BTC is the only cryptocurrency whose figure exceeds that level.<\/span><\/p>\n

Additional Forecasts<\/span><\/h2>\n

Crypto X is rife with analysts envisioning that XRP could head north soon. JAVON MARKS recently <\/span>assumed<\/span><\/a> that the asset\u2019s MACD (Moving Average Convergence Divergence) indicator nears \u201ca breaking point.\u201d\u00a0<\/span><\/p>\n

\u201cThis divergence suggests that bulls can return with dominance and shift prices into continuing the recent major uptrend <\/span>back<\/span> towards $3.30+. XRP can have more in the tank,\u201d the trader added.<\/span><\/p>\n

The MACD is a technical analysis tool that helps traders spot <\/span>trend changes<\/span> and momentum in XRP\u2019s price, giving possible buy or sell signals.<\/span><\/p>\n

However, there are also some pessimists. Ali Martinez <\/span>noted<\/span><\/a> the token\u2019s plunge below $2, predicting a further slump to $1.30. Those willing to explore additional bearish forecasts made after <\/span>the crypto crash<\/span><\/a> on April 7 can look at our article <\/span>here<\/span><\/a>.\u00a0<\/span><\/p>\n

The post XRP to the Moon? Standard Chartered Predicts a 500% Price Surge (Report)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Despite the recent calamity in the crypto market, Standard Chartered reportedly forecasts a surge to $5.50 for XRP this year and $12.50 before the end of his term. While some analysts see bullish signals like an MACD breakout, others warn of a potential drop to $1.30 as the asset trades just below $2. Gigantic […]<\/p>\n","protected":false},"author":0,"featured_media":57843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57842"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57842"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/57843"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}