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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.
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.