The XRP price will rise above $ 2.42 when Ripple reached an agreement of $ 50 million to its long-term bullying with the US. Standard Chartered predicts a 400% rally in the midst of ETF optimism by 2026.
Ripple (XRP) reaches the 50-day top-notch Ripple settlement with SEC
Ripple's natural sign of XRP rose to $ 2.42 on Friday, marking its long-term rebound key milestone.
The rally followed Ripple Labs announcement with a long-awaited $ 50 million agreement with the US Securities and Exchange Committee (SEC), bringing the closure to a five-year legal battle.
Bullish news broke just when the cryptocurrency marketed risk. Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) recorded all two -digit weekly profits, but Ripple Price outperformed them all.
The above Coinekco Dick shows how the Friday Bullish Action pushed the XRP price over $ 2.42 for the first time after March 28, 2025.
The XRP closed the day about $ 2.34, which is more than 6.5% per week and 13.5% in the last 30 days.
The latter price increase extended the impressive 349.7% profits of the XRP over the past year, emphasizing its endurance in the middle of the steady regulatory headwind.
Standard Chartered Analyst predicts that the price of XRP is $ 8 by 2026
According to Geoffrey Kendrk, the standard Chartered Digital Early Research Manager, the XRP's upside -down potential is far from exhausted.
In the April report, Kendrick predicted that the XRP could double the $ 5.50 by the end of 2026 and rise to $ 8.00. He projects even steeper growth by 2027 to $ 10.40 and by 2029 to $ 12.25-potential 428% of current prices.
Kendrick attributes the XRP growth prospects to its central role in the cross -border payment ecosystem.
“The XRP is uniquely positioned at the center of one of the fastest evolving uses for digital assets, facilitating cross -border and floors,” wrote Kendrick Geoff, a standard Chartered analyst.
Speaking this week, Kendrick confirmed his bullishi, noting the XRP upward -facing trajectory -supporting approach.
These include a renewable macro background, an updated investor's appetite for altcoins, and expectations for crypto-sustained regulatory clarity under the administration of President Donald Trump.
Especially the bullish catalyst may arrive as an approval of the XRP ETF. Standard Chartered stipulates that US regulators may light up such a product before October 2025, attracting $ 8 billion in the first year.
Cryptocurrency patterns give optimism around the XRP ETFs
Polymarket data gives a 77% probability that this ETF will be launched next year while KalshiGive XRP a 55% probability of Bitcoin and other major cryptocurrencies in 2025.
Kendrick also highlighted a speculative impulse on platforms such as Polymarket, where the Bullish contributions of digital assets have grown in recent weeks.
Much of the renewed enthusiasm may be related to speculation that Trump is close to compressing new international trade transactions. Although these transactions have not yet been realized, the White House is a 90-day tariff break, which expires on July 8th, has added urgency to the Narrative.
For XRP investors, a mixture of legal clarity, favorable macro conditions and high-level institutional confirmations creates a compelling case.
If Kendrick's forecasts are valid, the XRP may become one of the most profitable altcoin plays of the decade.
XRP price forecast today: $ 2.60 again testing if Bulls have $ 2.19 support
The XRP shows signs of a possible bullish continuation supported by a decisive daily candle above the Central KelTner Canal at a price of $ 2.19 and now threatens to cross the $ 2.41 upper strip.
Moving is supported by a significant increase in the volume Delta, with Thursday's 22.43 million dollar volume marking the highest in two weeks, confirming the increased demand interests near the breakthrough zone.
The daily MACD histogram is now firmly positive when the MACD line (0.0260) progresses from both the signal line (0.0139) and the zerlline (0.0122), which confirms the pulse in favor of buyers. Crossover refers to bullish divergence of active and increasing, often early signal to accelerate the trend.
The XRP Price Action is also in the wider crypto market with a wider risk, as the bitcoin price forecast nowadays shows similar bullish settings, where the BTC has its own $ 63,000 support while forming its MACD intersection. This strengthens the entire market transfers of the bullish dissertation.
However, the XRP must support $ 2.41 to confirm the shutdown. Failure can revive here if the bulls are unable to maintain the purchase pressure, especially since the current candlestick has the upper wick.
Rejection and less than $ 2.19 would bring back pressure, placing the next support to the Keltner lower channel to $ 1.98.
However, the preventing of sharp reversing, impulsive and growing volume can, however, direct the XRP to high in the next several sessions to $ 2.60 in March, with an immediate support of $ 2.30.
Frequent questions (FAQ)
The XRP races the Ripple $ 50 million SEC's billing and the renewed investor's optimism around the possible XRP ETF confirmation.
Standard Chartered predicts that the XRP could reach $ 5.50 by the end of 2015 and reach $ 8.00 by 2026, referring to ETF optimism and global payments.
Analysts are hoping for the US Spot XRP ETF approval before October 2025, with Polymarket showing a 77% probability next year.
Ibrahim
A cryptocurrency analyst that includes derivatives, macro trends, technical analysis and defi. His works are in -depth marketing knowledge, price forecasts and institutional studies of digital assets.
Obligations: The content presented may include the author's personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrency. The author or publication is not responsible for your personal financial loss.
✓ Share: