Vincent Van Code, a software engineer, predicts Ripple’s XRP reaching $5 by February 2025, citing strong fundamentals even amidst current market volatility. XRP has recently experienced a minor correction, trading between $2.25 and $2.50, after hitting a high of $2.82.
This prediction comes amid a turbulent crypto market influenced by Bitcoin's erratic price movements, which saw it briefly drop to $90,500 before regaining strength above $98k. Altcoins like XRP also suffered during this period, with XRP's price falling from $2.48 to $2.23—a 10% loss.
Despite the volatility, Van Code suggests that the current price corrections are mere "noises" for long-term XRP holders. He highlights XRP's resilience during Bitcoin's slump as evidence of its strong fundamentals, crucial for its potential value increase.
As of now, XRP needs to surge by at least 112% from its current price of $2.36 to reach the forecasted $5 mark. However, optimism remains high among XRP holders, given its four-fold price increase over the past month.
Market analysts predict bullish patterns for XRP, with some suggesting it is ready to make a new all-time high due to formations like a bull flag on charts, further fueling hope for reaching the $5 milestone.
