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Is Ripple (XRP) looking at $4.80? Analysts boldly call the price, market predictions are divided.
The price of Ripple (XRP) is just one step away from the resistance level of 3.00 USD, currently reported at 2.94 USD during the European morning session today (16). According to a recent video released by analyst Ali Martinez, XRP may be brewing for a big move. He anticipates that if XRP can close above 3.00 USD on the weekly chart, it will break through to 4.80 USD.
In the video, Ali hinted that XRP is "hitting historic highs" as it tests the top of the long-term price channel. The key argument is simple: if XRP can break through $3.00 with a strong weekly closing price, it could trigger a rebound towards $4.80. This is a bold assumption, especially in the short term. But is it realistic?
(Source: X)
What does the market say?
Over the past month, XRP has been in a bullish state, rising from $2.16 in mid-June to nearly $3 today. This momentum supports the view that XRP may be about to break through - but not all analysts are as optimistic as Ali.
InvestingHaven has provided a broader range for 2025, which is between $1.81 and $4.10, overlapping with Alibaba's target, but still indicating that $4.80 is ambitious.
Therefore, although a surge above $3 may trigger a rally, most short-term models stopped before $4.80.
Is a target price of $4.80 realistic?
According to Captain Altcoin, the weekly chart's closing price breaking through $3 is significant for Ripple. From a technical perspective, this indicates strength for Ripple and may bring greater buying pressure. However, even so, reaching $4.80 this month might still be a bit of a stretch. Historical volatility shows that Ripple moves quickly, but it is also known for strong pullbacks.
It is worth noting that some responses to the Alibaba post have proposed bolder targets, including $30 by the end of the year—this figure has no current data to support it.
Summary
Alibaba's $4.80 forecast is possible, but only if XRP breaks above $3 and maintains that level. Before that, this video feels overly optimistic rather than realistic. This doesn't mean it's wrong—investors should be cautious. Pay attention to the weekly closing price. Watch for volume confirmation. Don't forget to narrow your focus.
Cryptocurrency is highly volatile. XRP is gaining momentum. However, a breakthrough is not guaranteed—evidence shows that the $3 ceiling is difficult to surpass.
So yes, $4.80 could happen - but only if XRP can reach that price.