The XRP price is in the spotlight again, as a crypto analyst has shared his short—to long-term prediction for the third-largest altcoin. While the asset has experienced a series of bullish events that have driven its price to its current level, the analyst strongly believes that the cryptocurrency can jump even higher to reach $20. 

XRP Long To Short Term Price Prediction

According to a crypto analyst identified as ‘XRP Meesku’ on X (formerly Twitter), the XRP price is gearing up to skyrocket to a new long-term ATH target of $20. The analyst’s bullish outlook for the token stems from its innovative potential, as advanced developments and technological advancements tend to drive price surges in a cryptocurrency.

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Notably, the analyst revealed that there has been ongoing speculation that XRP could be pivotal in national banking. He highlighted that many discussions have arisen suggesting that the altcoin could be used as a potential base layer for the United States (US) banking system. If this happens, it could fuel significant growth and adoption for XRP, potentially positioning it as a “global asset that is gaining traction.” Moreover, it could trigger a price increase of $20 ATH for the altcoin. 

In the mid-term time frame, XRP Meeksu predicts that the altcoin could potentially hit $8 first before attempting to break past its cycle top. He reveals that his optimistic outlook for XRP was influenced by factors such as new financial products like futures and the ongoing legal challenges with the US Securities and Exchange Commission (SEC). Based on his analysis, the crypto expert suggests that resolving these issues could spark a price rally.  

Finally, the analyst shared a short-term price forecast for XRP, highlighting that altcoin is expected to experience significant volatility, leading to price fluctuations. Due to its sharp growth potential, he predicts a surge to $3.6 or higher was possible. Moreover, the X market expert mentioned the increase in significant liquidation trends, underscoring that traders may take a long position after being forced to close due to market fluctuations.

Bullish Factors Driving The Price Surge

While the XRP Meeksu shares his long- to short-term bullish prediction for the XRP price, the analyst also outlines several bullish activities that could drive a potential surge in the cryptocurrency. According to the crypto expert, the XRP market has seen a lot of activity lately, with the price stabilizing despite spikes in whale activity. 

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Looking at the asset’s past performances, the analyst mentions a notable transfer of $62 million to various crypto exchanges — a movement that could potentially be seen as a sell signal for strategic whale repositioning. Moreover, the CME Group has hinted at launching XRP futures, paving the way for institutional adoption and engagement in the cryptocurrency. 

Furthermore, the analyst delved deeper into the lawsuit between Ripple and the SEC, highlighting discussions about potential settlements and the conclusion of the almost four-year legal battle. Despite the lawsuit drama, the crypto expert disclosed that XRP’s overall sentiment remains bullish as analysts project more growth in the future. 

He revealed that XRP is showing signs of a price recovery and could soon hit new ATHs. Moreover, its community remains vibrant and active, sharing updates about ongoing scam threats, key events, and more.

Featured image from Adobe Stock, chart from Tradingview.com

The latter half of January is shaping up to be politically charged for meme coins, coinciding with Donald Trump’s return to the spotlight. Leading the pack this week is the Official Trump Token (TRUMP). 

BeInCrypto has also analyzed two other standout meme coins that outperformed major players, offering insights for investors.

Official Trump (TRUMP)

TRUMP continues to dominate meme coins this week, driven by executive orders and announcements from US President Donald Trump. The token’s name association with Trump has amplified its popularity, attracting investor interest amid the politically charged environment.

The TRUMP token surged by an impressive 167% this week, briefly reaching a new all-time high of $79.34. The rally reflects heightened market enthusiasm, fueled by Trump’s polarizing actions and growing attention to politically-themed cryptocurrencies. However, the token has faced volatility since its peak.

Currently trading at $34.31, TRUMP aims to secure $45.07 as support to sustain its uptrend. Failing to hold this level could push the price down to $26.09 or lower, invalidating the bullish outlook.

Dogelon Mars (ELON)

Dogelon Mars gained significant traction this week due to its association with Elon Musk, now leading Trump’s Department of Government Efficiency (D.O.G.E.). This connection has bolstered the meme coin’s appeal among investors seeking opportunities tied to Musk’s influence in the cryptocurrency space.

ELON’s price surged 82%, reaching $0.0000003512 after successfully holding $0.0000002921 as a support level. This upward momentum positions the coin to target $0.0000004000, reflecting growing confidence in its potential for further gains.

Although price correction seems unlikely in the short term, unexpected sell-offs could push ELON below $0.0000002921. A drop to $0.0000002389 would erase recent gains and invalidate the bullish outlook.

SPX6900 (SPX)

SPX6900, a meme coin associated with the SPX 500 stock market index, has garnered significant attention among investors. The meme coin’s appeal lies in its association with stock market fluctuations, particularly amid heightened market interest since Donald Trump’s presidency. This connection positions SPX6900 as a unique asset in the crypto market.

The token surged by 28% recently, reaching an all-time high (ATH) of $1.77 before retracing to $1.30 at the time of writing. Despite the correction, SPX6900 remains a focal point for traders seeking to capitalize on its rapid price movements. Sustained momentum could lead to a recovery.

If SPX6900 holds its $1.23 support level, it could regain its upward trajectory and potentially surpass its previous ATH. However, losing this critical support might push the token down to $0.91, wiping out recent gains and undermining its bullish outlook.

Bitcoin may have kicked off 2025 with a rebound back to $100,000, but since the release of the U.S. Federal Reserve’s December 2024 Federal Open Market Committee meeting on Jan. 8, the BTC/USD exchange rate dropped to as low as $91,220.84.

Bitcoin has stabilized at around $95,000 since then, but concerns run high whether further news about the future direction of interest rates and monetary policy will result in an additional negative impact to the performance of Bitcoin and other cryptocurrencies.

As cryptocurrencies have entered the financial mainstream, they have become increasingly sensitive to policy changes from the Federal Reserve. With this in mind, let’s take a closer look at the latest news from the Fed, and see what it could mean for the performance of both Bitcoins and altcoins in the months ahead.

Why Cryptos Fell on The Latest Fed News

As revealed in the aforementioned Fed meeting minutes, the central bank once again cut interest rates by 0.25%, or 25 basis points. This was in line with expectations. However, while the latest rate cuts arrived as expected, other takeaways from the meeting minutes caught investors off-guard.

Namely, the Fed’s signaling of its plans to reduce the number of 25-basis point rate cuts in 2025. Before the meeting minutes hit the street, the market was still expecting four such cuts throughout the year. The latest remarks from Fed officials regarding quantitative tightening also suggested that the “Fed pivot” this year will not be as rapid of a shift from hawkish to dovish as previously anticipated.

Taking this into account, it’s not completely surprising that Bitcoin has once again encountered negative volatility. Nor is it surprising that more volatile altcoins, like Ethereum, Solana, and Dogecoin, have all experienced double-digit declines over the past week. As “risk-on” assets, cryptocurrencies, especially altcoins, perform better during times of accommodative fiscal policy.

Yet while the Fed may be not turning as dovish as previously expected, and is in fact continuing to engage in monetary tightening, the impact of these policy decisions on cryptocurrency prices in 2025 may not be as dire as it seems at first glance.

What This Means for Bitcoin and Altcoin Prices in 2025

Although the cryptocurrency market reacted negatively to the Fed’s current policy gameplan, said plans could still result in further upside for Bitcoin and other cryptocurrencies. For one, the planned implementation of fewer 25 basis-point rates still means a further loosening of monetary policy, helping to justify additional upside for this “risk-on” asset class.

Second, with regards to Bitcoin, other positive factors are at play that could drive further upside for the largest cryptocurrency by market capitalization. These include increased institutional and retail investor allocation, as well as the specter of a more favorable crypto regulatory environment from the incoming Trump administration.

Binance CEO Richard Teng commented on what we can expect in the crypto industry in 2025, “We expect to see development across all aspects. Crypto regulation saw great growth across the world in 2024 and we expect to see more in 2025. Given the recent U.S. presidential election and expected crypto regulation from its new government, we expect to see other countries follow the lead from the U.S. and enact more legislation across the world.”

Teng continues, “In terms of institutional interest, financial giants like BlackRock and Fidelity entered the crypto business in 2024, and we expect to see more new players next year. More companies are learning about crypto and integrating crypto features like tokenization into their business. This is a trend that has grown for years and we expect to see more development in.”

Admittedly, the recently-announced changes to the Fed’s rate cut plans could still negatively impact the performance of altcoins in the short-term. Altcoins are much more sensitive to changes in fiscal policy. Nevertheless, if a bull market continues in Bitcoin, chances are it will spill over into the altcoin space as well. Investors profiting from a continued run up in the price of Bitcoin could cycle their gains into Ethereum, XRP, Solana, and other major and emerging altcoins.

The Bottom Line

Over a longer timeframe, the Fed’s decision to more cautiously lower interest rates and loosen fiscal policy may do little to threaten the long-term bull case for cryptocurrencies. Due to a variety of trends, including the proliferation of exchange-traded cryptocurrency investment products, institutional and retail capital inflows into cryptocurrencies are poised to continue.

Of course, nothing’s for certain. For instance, following the latest jobs report, there is growing doubt whether the Fed will further walk back its 2025 rate cut plans. Even if the Fed sticks to its current plan, this asset class is likely to stay highly volatile. Caution and patience remain key.

Nevertheless, taking into account not just the Fed news,but the other positive trends at play as well, the opportunity for long-term price appreciation with Bitcoin and other cryptocurrencies is still on the table.