How Realistic Is XRP Reaching $1,200? Analyst Says 2017 Could Repeat

▲ XRP / ChatGPT-generated image

XRP is forecast to recreate its past record-breaking surge and usher in an ultra-high price era exceeding $1,200, driven by legislative progress in the United States and accelerating institutional capital inflows.

According to crypto media outlet NewsBTC on February 21 (local time), digital asset analyst Remi Relief stated that XRP could surpass $1,000 before the current bull cycle ends and ultimately form a valuation above $1,200. This optimistic scenario is based on the potential passage of the U.S. crypto market structure bill (CLARITY), geopolitical shifts, and the possibility of repeating the explosive price patterns seen between 2017 and 2018. Ripple CEO Brad Garlinghouse reportedly expects the legislation to be enacted by April, while U.S. President Donald Trump is said to be seeking progress on related legislation by early March.

With legal clarity secured, analysts believe institutional investors who had hesitated due to regulatory uncertainty could enter the digital asset market in large numbers. XRP, which is specialized for institutional finance, is considered one of the assets best positioned to benefit directly from such large-scale capital inflows. The analyst noted that if even a portion of the $13 trillion in payments processed by Ripple Treasury last year were to migrate to the XRP Ledger, demand for XRP could surge to unprecedented levels.

From a technical perspective, XRP is also mirroring patterns seen before previous massive rallies. Although the price is currently consolidating around $1.42, applying a fractal analysis based on its 2017 price movement suggests a potential target as high as $1,697.27. Some argue that such a price is impossible based on market capitalization logic, but supporters counter that if XRP becomes a core currency for global payment infrastructure, it could achieve valuations that surpass traditional market frameworks.

Market sentiment is also turning favorable toward XRP. According to data from Santiment, XRP’s social bullish sentiment recently reached a five-week high, contrasting with the more stagnant atmosphere surrounding Bitcoin (BTC) and Ethereum (ETH). Investors expect that the integrated financial ecosystem Ripple is building through strategic acquisitions will reinforce XRP’s real-world utility and act as a catalyst for a major price surge.

Ripple is currently strengthening its dominance in the institutional market by offering comprehensive financial services encompassing custody and payments. As efforts to enter mainstream finance materialize—such as obtaining a federal banking charter and launching the RLUSD stablecoin—XRP is evolving beyond a simple cryptocurrency into a global financial standard. Investors are closely monitoring upcoming legislative schedules and institutional capital flows as XRP advances toward the record-setting $1,200 price target.

Disclaimer: This article is provided for informational purposes only and does not constitute investment advice. The publisher assumes no responsibility for any investment losses incurred based on this content.