Ripple (XRP) Price Forecasts for Q4: Will It Reach $20?

Will XRP Soar to New Heights?

This fourth quarter might determine whether XRP can surge to unprecedented levels or if it will face a correction. Analysts are closely monitoring predictions that suggest XRP could either set a new high or stabilize after an impressive year.

Anticipating XRP’s Next Move

The year has been promising for XRP, hitting an all-time high of over $3.65. Analysts are contemplating potential price increases in the coming months. A user, Cobb, forecasted a price jump to $6.32, while another user, Amonyx, has an even more ambitious target of $20. This would necessitate XRP’s market cap to surpass $1 trillion, a challenging feat given the current crypto market stands just above $4 trillion.

Patterns and Market Sentiment

Another analyst, CRYPTOWZRD, noted parallels between XRP’s current consolidation and its pattern from 2017, which preceded a significant price surge.

“XRP is mirroring the 2017 Bull Run, it’s getting ready for its final parabolic move into price discovery.. It’s a question of when, not if.”

Meanwhile, user Moon Lambo expressed caution, highlighting that the upcoming quarter could see a downturn based on historical trends after consecutive quarterly gains.

“That makes 5 consecutive green closes. Next quarter closes red, more than likely deep red.”

Current Investor Interest and Market Dynamics

Data from Google Trends indicates a decline in XRP-related searches compared to late 2024, implying less engagement from investors. Historically, retail enthusiasm correlates with price surges.

A recent analysis of exchange netflows reveals a trend of negative flows, suggesting many investors are moving their assets to self-custody systems, reducing immediate sell pressures.

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Visualizing Interest

Interest in XRP, Source: Google Trends

XRP Exchange Netflows, Source: CoinGlass