This Trader Called XRP's Highs! Now Predicting Another ATH

XRP (XRP) is once again attracting attention after a respected trader shared a new bullish outlook. This trader, known for accurately predicting XRP’s dramatic surge in late 2024, now suggests that the digital asset may be preparing for another significant upward move. 

As investors look for the next major opportunity, this forecast has sparked renewed interest and debate across the crypto community.

A Look Back at XRP’s 2024 Rally

Last year, XRP delivered one of its most impressive performances in recent memory. In November 2024, the pseudonymous trader DonAlt advised his nearly 700,000 followers on social media to consider buying XRP, describing it as “the perfect trade.”

That prediction turned out to be remarkably accurate. Within just 20 days of DonAlt’s recommendation, XRP surged by over 320%, vastly outperforming most other cryptocurrencies during the same period. 

The rally caught the attention of traders and analysts worldwide, highlighting the trader’s ability to identify key market movements.

By mid-January, XRP peaked at around $0.40 on the Bitstamp exchange. However, the excitement was followed by a sharp correction, with the token losing more than half its value at one point. 

Such volatility is not unusual in the crypto market, but it underscored the challenges investors face in timing their trades effectively.

Read also: XRP Price Prediction: Is It Really Got Boost and Bullish Rally?

Current Market Conditions for XRP

Despite the past correction, XRP has shown signs of stability and recovery in recent weeks. As of the latest trading data, XRP is priced at $2.31 after adding approximately 5% over the past day. 

The recovery from its April low of $1.60 suggests that the market may be finding support and regaining confidence.

Several factors are contributing to the positive sentiment around XRP. One of the most closely watched developments is the possibility of spot exchange-traded funds (ETFs) being approved this summer. Such approval could significantly increase institutional interest in cryptocurrencies, including XRP.

Additionally, the XRP Ledger (XRPL) has achieved full compatibility with the Ethereum Virtual Machine (EVM), which enables smart contract functionality and may attract new developers and projects to the network. 

This technological advancement could strengthen XRP’s use case and broaden its appeal beyond simple payments.

Read also: XRP Price Forecast for July 2025: Is a New High on the Horizon?

DonAlt’s New Forecast: “Round 2” of the Rally?

Building on his reputation for accurate predictions, DonAlt has recently suggested that XRP might be setting up for what he calls “Round 2” of its rally. While he did not specify an exact price target or timeline, the implication is that another major move could be on the horizon.

Such forecasts, especially from traders with proven track records, often influence market sentiment. However, it is important to remember that cryptocurrency markets remain highly speculative, and predictions are never guaranteed.

Still, many investors are watching closely for technical signals or news developments that might support a new bullish trend in XRP coin.

Read also: XRP Price Prediction for July 1 - What's New?

The Broader Implications for Investors

If XRP does enter another strong rally, it could provide significant opportunities for traders and long-term investors alike. However, the crypto market’s history of sharp corrections serves as a reminder of the importance of careful risk management.

While DonAlt’s previous call on XRP was highly successful, even experienced traders can face unexpected market shifts. Investors considering new positions should evaluate their own risk tolerance and stay informed about broader market conditions.

At the same time, developments such as potential XRP ETF approvals and technological upgrades to the XRP Ledger highlight that the crypto space continues to evolve. These factors could help support long-term value and adoption, even as short-term price movements remain unpredictable.

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Frequently Asked Questions (FAQ)

What field does XRP operate in? 

XRP acts as a mechanism for exchanging between two different currencies or networks. It can be sent directly without needing an intermediary.

What is XRP coin used for? 

The main purpose of XRP is to mediate currency exchange. It can be sent directly without intermediaries, making it a fast and efficient tool for bridging two currencies.

What year was XRP's highest price? 

XRP's all-time highest price was on January 4, 2018, when it reached $3.84 per coin. This surge happened during a major bull run in late 2017 to early 2018, which also boosted many other altcoins.

Can XRP reach $500 dollars? 

While theoretically possible, it's highly unlikely for XRP to reach $500 in the near future. 

Can XRP reach $1000 dollars? 

The possibility of XRP reaching $1,000 is very low. With its current circulating supply, a $1,000 price would push XRP's market capitalization to $57 trillion, which is more than double the U.S. GDP and over half the total value of the global stock market.

What is a realistic price prediction for XRP 2025? 

Predictions suggest that XRP could reach $5.05 by the end of 2025. Long-term projections indicate it could potentially reach $26.50 by 2030 and $526 by 2050.

Why is XRP better than Bitcoin? 

Compared to Bitcoin, XRP is generally cheaper, faster, more scalable, and more environmentally friendly. While Bitcoin is mainly used as a store of value and exchange, XRP is designed for cross-border payments, though it's also popular among crypto investors.