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Home Articles Should You Buy XRP Now? Analyst Van de Poppe Predicts Best Entry Points

Should You Buy XRP Now? Analyst Van de Poppe Predicts Best Entry Points

Joseph Alalade
Joseph Alalade
Joseph Alalade
Author:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.
February 22nd, 2025

Cryptocurrency expert Michaël van de Poppe has pinpointed the $1.50–$2.25 range as the optimal entry point for Ripple coin as the XRP price cools after the recent surge of over 500%.

Since the beginning of 2024, Ripple (XRP) has often fluctuated around $0.50 with minimal price changes. However, it dramatically increased from around $0.51 in early November 2024 to above $2.71 by early December 2024. On January 18, 2025, it reached a multi-year peak of $3.27, nearing its all-time high of $3.84 set in January 2018.

XRP/USDT 1-Year Price Chart | CoinGecko

Following the latest price surge that brought it to $3.27, the XRP price has declined by about 21.47%, settling at $2.57 as of this writing. It has returned to its typical consolidation phase without any major price fluctuations over the past few weeks.

Is XRP Price Bull Run Over? Michaël van de Poppe Weighs in

Cryptocurrency analyst Michaël van de Poppe has highlighted XRP’s recent massive price movement, noting that after three years of low volatility, the XRP price skyrocketed 500% in just four weeks on a $30 billion market cap asset.

This explosive rally has attracted investor attention, but Van de Poppe believes most of the upside may have already played out. He suggests that many buyers entering now may have missed the trend, meaning the price could cool off before another major move.

According to the analyst, Ripple’s XRP may enter a consolidation phase, during which the price moves sideways before deciding its next direction. This period could last some time, which may offer opportunities for strategic entries.

Van de Poppe advises that investors look for buying opportunities at the $1.50 to $2.25 range, as these may serve as good support levels before the next potential uptrend.

The key here is that while the XRP price has recently increased tremendously, it will not necessarily continue to skyrocket immediately. Instead, there should be pullbacks to support levels before going up again.

If XRP consolidates and stays above $1.50–$2.25, it will be able to regain strength for another breakout in the future.

Other Analysts See Potential XRP Rally

While Van de Poppe provides a slightly bearish prediction for XRP, other crypto analysts offer contrasting views.

Solberg Invest is one of the crypto analysts who predicted a bullish scenario for Ripple (XRP) in the near term. He has spotted a bullish ascending triangle pattern on XRP’s price chart. A breakout through resistance could see it rise to $4.40.

An ascending triangle forms when the price makes higher highs while meeting a stable resistance level. This narrowing price action usually leads to a price increase.

Currently, the Ripple price trades along the lower trendline of the triangle, showing that it is still within the consolidation area. For the bullish scenario to occur, XRP will have to hold support and pierce through critical resistance levels.

Should buyers intervene and momentum remain strong, the XRP price breakout can translate into a sharp price appreciation, in sync with the analyst’s $4.40 target. However, if the breakout is unsuccessful, it can lead to lower support levels.

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Contributors

Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.