- XRP reached $2.90 in December, its highest since 2018, following a 283% surge after Trump’s U.S. presidential election victory.
- Analyst Oscar Ramos predicts XRP could surpass its $3.84 peak, fueled by retail accumulation and institutional adoption.
- Upcoming XRP catalysts include spot ETF filings, Ripple’s RLUSD adoption, and potential regulatory clarity in 2025.
XRP has seen growth since the 283% surge in November 2024 after Donald Trump’s U.S. presidential election victory. This surge saw XRP’s highest monthly close in seven years. The momentum extended into December, with XRP reaching $2.90, its highest price since 2018.
However, resistance at this level led to consolidation around $2. Analyst Oscar Ramos has voiced optimism about XRP’s surge, suggesting upcoming events could push the token to new heights.
November’s Gains Lead to December Surge
The token’s rally in December was fueled by November’s momentum, which saw XRP go to $2.90 on Dec. 3. While the broader crypto market corrected, XRP stabilized near $2, indicating resilience amidst volatility.
Ramos attributed the token’s steady performance to its strong fundamentals and growing investor interest. He emphasized that, “We’re one story away from XRP kickstarting the next bull run.”
He notes potential catalysts for XRP’s growth. Ramos pointed to holiday distractions keeping retail investors away, creating opportunities for those actively accumulating. He expressed urgency for investors to act before XRP crosses $3, citing the token’s potential upside when institutional interest grows.
Market Levels and Institutional Interest
According to Ramos, major market events in 2025 could reshape XRP’s movement. These include potential filings for an XRP spot ETF, a shift in regulatory leadership, and broader adoption of Ripple’s stablecoin, RLUSD.
He predicts that RLUSD could drive enterprise adoption and enhance XRP’s utility in institutional finance. Ramos also referenced influential moves in the broader crypto market. Bitcoin remains below $100,000, and Ethereum trades under $4,000, indicating room for market growth.
He linked this to the possibility of the crypto market cap climbing from $3 trillion to $4 trillion, which would require Bitcoin, Ethereum, and altcoins like XRP to achieve new all-time highs.
Community Confidence and Predictions
At press time, XRP trades at $2.30, an 18% gain for December. Ramos remains optimistic about XRP surpassing its 2018 peak of $3.84, supported by positive sentiment within the crypto community.
He also noted Ripple CEO Brad Garlinghouse’s prediction of a $5 trillion crypto market cap, showing the sector’s potential. With increased institutional participation and retail accumulation, Ramos sees XRP positioned to benefit from upcoming regulatory clarity and market developments.
