XRP Price Prediction: XRP Could Hit $15 This Cycle—Analyst Reveals Timeline as Ripple-SEC Legal Uncertainty Fades
The post XRP Price Prediction: XRP Could Hit $15 This Cycle—Analyst Reveals Timeline as Ripple-SEC Legal Uncertainty Fades appeared on BitcoinEthereumNews.com. With fresh momentum in both the technical and regulatory landscape, XRP appears poised for a major price breakout. As Ripple officially withdraws its appeal in the long-standing SEC lawsuit, analysts suggest the cryptocurrency may be entering its most bullish phase yet this cycle—potentially paving the way for a surge toward the $15 mark. XRP Finds Critical Support at $2.07 The $2.07 level has emerged as a key support zone for XRP price, with analysts citing strong confluence between Fibonacci retracement levels and wave structure targets. According to recent market data, the token rebounded from $2.145 after a correction from the $2.40 range, aligning with a classic Elliott Wave setup that could signal the beginning of Wave 5—historically known for strong upside momentum. XRP was trading at around $2.19, up 5.04% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin This convergence also includes the .618 Fibonacci retracement and a 1:1 extension in the current wave structure, adding further weight to the bullish thesis. As one analyst noted, “This is a textbook scenario for a reversal if bulls hold the line.” Traders believe a sustained hold above $2.07 could activate upside targets around $2.25 and $2.65 in the near term. Technical Indicators Show Bullish Divergence Several indicators support the possibility of an imminent trend reversal. The Relative Strength Index (RSI) shows bullish divergence on both short- and medium-term charts, indicating fading selling pressure and growing momentum. Moreover, XRP on-chain data reveals that larger holders—often institutional investors—are increasing their exposure at this level, a sign of accumulation ahead of a potential breakout. Stable volume metrics add credibility to the idea that smart money is positioning early. Ripple Withdraws Appeal, Clearing Legal Clouds In a major development on the regulatory front, Ripple has formally withdrawn…
The post XRP Price Prediction: XRP Could Hit $15 This Cycle—Analyst Reveals Timeline as Ripple-SEC Legal Uncertainty Fades appeared on BitcoinEthereumNews.com.
With fresh momentum in both the technical and regulatory landscape, XRP appears poised for a major price breakout. As Ripple officially withdraws its appeal in the long-standing SEC lawsuit, analysts suggest the cryptocurrency may be entering its most bullish phase yet this cycle—potentially paving the way for a surge toward the $15 mark. XRP Finds Critical Support at $2.07 The $2.07 level has emerged as a key support zone for XRP price, with analysts citing strong confluence between Fibonacci retracement levels and wave structure targets. According to recent market data, the token rebounded from $2.145 after a correction from the $2.40 range, aligning with a classic Elliott Wave setup that could signal the beginning of Wave 5—historically known for strong upside momentum. XRP was trading at around $2.19, up 5.04% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin This convergence also includes the .618 Fibonacci retracement and a 1:1 extension in the current wave structure, adding further weight to the bullish thesis. As one analyst noted, “This is a textbook scenario for a reversal if bulls hold the line.” Traders believe a sustained hold above $2.07 could activate upside targets around $2.25 and $2.65 in the near term. Technical Indicators Show Bullish Divergence Several indicators support the possibility of an imminent trend reversal. The Relative Strength Index (RSI) shows bullish divergence on both short- and medium-term charts, indicating fading selling pressure and growing momentum. Moreover, XRP on-chain data reveals that larger holders—often institutional investors—are increasing their exposure at this level, a sign of accumulation ahead of a potential breakout. Stable volume metrics add credibility to the idea that smart money is positioning early. Ripple Withdraws Appeal, Clearing Legal Clouds In a major development on the regulatory front, Ripple has formally withdrawn…
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