XRP’s Next Chapter? Analysts See “Price Discovery” Mode After SEC Settlement
BULLISH
SEC
CRYPTO
MODE
XRP
- XRP is trading around $2.46, up 1.66% in the last 24 hours.
- Predictions from one analyst range from $15 to $44 based on historical patterns.
- Ripple’s recent settlement with the SEC has improved long-term prospects for XRP.
XRP is currently trading at $2.46, showing a 1.66% increase in the past 24 hours, as per CoinMarketCap data. Fueling this positive sentiment are extremely bullish predictions emerging from crypto analysts who are closely watching key resistance levels now that the SEC has dropped its appeal.
Crypto analyst EGRAG CRYPTO has outlined multiple price targets for XRP:
- Conservative Target: $15
- Normal Measurement: $22
- Extended Target: $44
- Personal Target: $27
These projections are rooted in historical price patterns observed in XRP’s past performance, combined with Fibonacci extension levels.
The analyst suggests that if XRP follows its previous market cycles, it could potentially break above the significant $3.40 resistance level and enter a phase of price discovery, where new all-time highs could be established.
Related: “You Have No Idea”: Analyst’s XRP Chart Hints at a Truly Massive Price Surge
What Do Technica…
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