While the crypto market has been moving sideways for months, something interesting is happening with XRP. In the past, when gold slowed down after a strong run, XRP went on a huge 1,000% rally.
Now, with gold cooling off and the Ripple vs SEC case nearly over, many are wondering — is it finally XRP’s time to shine again?
XRP Could Be Ready For Breakout
Over the past few months, gold has been performing extremely well, climbing nearly 89% from October 2023 to April 2025. While gold kept breaking records, the crypto market, including Bitcoin and XRP, has seen a modest increase, not as much as of gold surge.
However, things are starting to change now. Gold has pulled back slightly from its peak, dropping about 6% and is now trading around $3,318.
At the same time, Bitcoin is bouncing back, this week, it climbed to $95,000 with an 11% gain, showing that the crypto market might be waking up again. Meanwhile, XRP has been trying to stay strong above the $2 mark, but hasn’t shown much of a jump over the period yet.
History Could Repeat for XRP
Interestingly, this pattern looks very similar to what happened in 2020. Back then, gold had a strong run while crypto stayed weak. But when gold started slowing down, XRP and the rest of the crypto market shot up.
In 2020, XRP rose from just $0.17 to around $1.96, a gain of over 1,000% even though Ripple was still fighting a major lawsuit with the SEC at the time.
Although now the SEC case against Ripple is also close to ending, which could remove a big risk for XRP and give it more room to fly higher.
Could XRP Do It Again?
However popular crypto analyst named Cryptarch on TradingView believes XRP could soon go higher. He expects the price to move up step-by-step, first testing important levels like $2.49, $3.00, and $3.39.
He even thinks XRP might even jump to $6.50 soon, which would be almost a 200% increase from where it is now.
Giving an even more hopeful prediction, crypto supporter Davinci Jeremie says XRP could reach $24 this year.
As of now, XRP is trading at around $2.20, reflecting a slight rise seen in the last 24 hours with a market cap hitting $128 billion.
