Jake Gagain, a notable media personality, has revealed his XRP price target for 2025 in a scenario where Bitcoin rises 24% and Ethereum spikes 28%.
The crypto market has continued to show that the bull run remains intact, often recovering after each drawdown. Notably, the latest recovery effort emerged after a massive drop in prices from late July to early August. After the total crypto market cap slumped to $3.56 trillion on Aug. 2, it recovered, rising to the current value of $3.87 trillion.
Interestingly, data from the Bitcoin dominance chart, which has collapsed from 62.6% to 60% through this recovery, indicates that altcoins like Ethereum have championed the latest rebound effort, potentially leading to the much-awaited altcoin season.
XRP Price Target from Jake Gagain
Interestingly, earlier this year, analyst Dark Defender predicted a rally to a level that aligns with Gagain’s XRP price target for 2025. According to Dark Defender, XRP was following a five-wave Elliott Wave structure, and the fifth wave would lead to a price around $8.
While several market watchers agree that XRP could reach $7 to $8 this year, most insist that this would not mark its top price. In May, market commentator Xena admitted that a run to $8 this year would be impressive, but suggested that it is barely an achievement worthy of celebration.
Last month, Aaron Arnold, co-host of Altcoin Daily, revealed that his XRP price target for 2025 is $10. He boldly branded this figure a “realistic” target for the altcoin.
Predictions for Other Crypto Assets
Meanwhile, besides XRP, Jake Gagain also presented price targets for Bitcoin and other altcoins. Specifically, he predicted that Bitcoin could soar to a price of $145,000 in 2025. This represents a 24% increase from Bitcoin’s current price of $116,887, and aligns with a prediction from analyst Stockmoney Lizard.
For Ethereum, Gagain projects a rally to $5,350, representing a spike of nearly 28% from the market price of $4,192. He also expects BNB to soar 54% to $1,250 and Solana (SOL) to grow 134% to $425. Further, the market expert believes Cardano (ADA) will rise 177% to $2.25 and SUI will increase 249% to claim a new peak of $13.