XRP’s Price Surge Predictions: Can $18 in December and $150 in January Become Reality?

• XRP saw a 300% surge in November, comparing its performance during the 2017 bull run.
• December’s projection suggests an 830% rise, with potential price movement to $18.
• Historical data supports a possible 713% jump in January, propelling XRP to $150.

The crypto market is alert with bold predictions for XRP, one of the most discussed digital assets in the current bull cycle. Speculation has grown over the possibility of XRP reaching $18 by December 2024 and an astounding $150 by January 2025.

While such targets are eye-catching, these forecasts are based on historical trends and market analysis rather than guarantees. 

A Historical Lens: November’s Massive Gains Mirror 2017 Patterns

According to a chart generated by Egrag Crypto showing XRP’s historical and projected price movements across four candles with distinct growth metrics.

Candle 1 records a 300% increase, moving from $0.01726 to $1.47. Candle 2 shows an 830% surge, reaching $18.23 from $2.02. Candle 3 indicates a 713% growth, achieving $148.99 from $18.23.

Source: Egrag Crypto(X)

November 2024, termed “Moonvember” by analysts, has already showcased impressive momentum, with XRP achieving a near 300% price increase.

This performance closely resembles the November 2017 surge, which saw a 328% gain during a similar bull market phase. If this historical pattern holds, it sets the stage for a volatile yet potentially lucrative December.

December’s Critical Candle: An 830% Surge on the Horizon?

December is pivotal in this projection. If XRP were to replicate the 2017 market behavior, an 830% surge could push prices to $18. However, it is crucial to note the volatility embedded in such movements.

In 2017, the December candle recorded a 60% drop within its wick before ultimately stabilizing. This underscores the potential for both rapid gains and dramatic pullbacks within short periods.

January: The Potential Catalyst for Triple-Digit XRP

January 2025 could mark a defining moment for XRP. Historical data suggests that during a similar bull market phase in 2017, XRP recorded a staggering 713% surge. If such a pattern were to repeat, XRP could reach $150.

However, this projection assumes favorable market conditions, substantial buying pressure, and minimal resistance—factors that remain uncertain in the current landscape.