Widely followed crypto expert Steph presented an optimistic outlook for XRP, suggesting that the cryptocurrency could deliver significant returns for those holding onto the asset. According to Steph, the upcoming years may bring life-changing wealth for XRP investors, with the price potentially surging to as high as $35 by 2025.

XRP’s Bullish Breakout

Steph’s analysis points to a confirmed breakout on the monthly chart, signaling a potential uptrend for XRP. The breakout aligns with a key technical pattern, specifically a “W” formation on the chart, which is often seen as a strong bullish indicator. This breakout, coupled with a 30% price jump in the past 24 hours, has caught the attention of many in the crypto space. The surge in XRP’s price coincided with the retesting of the $1.96 level, which marks the peak from 2021, a critical resistance level for the asset.

Given this pattern, Steph believes XRP could see a massive increase of over 1,300% from its current price of $2.42. If the predicted price movement materializes, XRP could reach a range of $30 to $35 by 2025, making it an attractive investment for those who hold on for the long term.

Life-Changing Gains for XRP Holders

For investors who have been holding XRP, the potential gains could be substantial. Steph’s forecast suggests that those with $1,000 invested in XRP today could see their holdings grow to $14,000 if the price reaches $35. More significantly, individuals with around $70,000 in XRP could become millionaires, according to this prediction.

However, Steph cautioned that while these projections are exciting, investors should remain vigilant and lock in profits as the price rises. He stressed the importance of not waiting for the price to reach the peak of $35 before taking action. “There are no guarantees in crypto,” he explained, emphasizing that market conditions can change quickly.

Monitoring XRP’s Movement

Steph advised investors to keep a close eye on the daily chart and watch for key price movements. The trajectory of XRP’s price is not without risk, so managing investments carefully is essential. He also emphasized that while the potential for growth is high, waiting for the exact peak price of $35 could be a mistake. Instead, investors should take profits incrementally as the price moves upward.

XRP’s Performance Against Bitcoin

In addition to his bullish outlook for XRP, Steph provided valuable insights into XRP’s performance against Bitcoin (BTC). He noted that since 2018, XRP has been in a downtrend compared to BTC, but recently, this trend has begun to reverse. Since November, XRP has been outperforming Bitcoin, establishing large weekly green candles against BTC, signaling a potential shift in market dynamics.

Currently, XRP is testing significant resistance levels against Bitcoin, dating back to 2020. This resistance has been tested multiple times, making it a crucial hurdle for XRP to overcome. Steph believes that once this resistance is broken, XRP could outperform Bitcoin by as much as 78%, further amplifying the potential gains for XRP holders.

Conclusion

While the crypto market is known for its volatility, the bullish outlook for XRP as presented by Steph is certainly intriguing. With the potential to reach as high as $35 by 2025, XRP offers a promising opportunity for investors. However, as with all cryptocurrency investments, caution is advised. Investors should consider taking profits along the way, ensuring that they don’t miss out on potential gains as XRP continues its journey toward new highs.