Despite the recent victory in the SEC vs. Ripple lawsuit, XRP’s price hasn’t seen much movement. The 3-day chart still shows a clear bearish trend, with the token stuck in a pattern that suggests no major bullish momentum is expected in the near future.
On the resistance side, XRP is facing short-term resistance at around $2.50 and $2.56. If the price manages to break above these levels, there is further resistance between $2.65 and $2.80.
For the time being, XRP’s price action remains largely neutral, bouncing between support and resistance levels. There is a lack of strong directional momentum, with both short-term bullish and bearish price movements occurring intermittently. This sideways price range is expected to continue unless a significant breakout or breakdown occurs.
Looking at the shorter 8-hour time frame, XRP is currently experiencing a pullback. This could potentially lead to a test of support levels between $2.24 and $2.30. If the price breaks below this area with confirmation, the next significant support zone would be between $1.95 and $2.05.
Bitwise, a cryptocurrency fund manager, believes XRP could reach $29.32 by 2030 if it captures a large share of the payments and tokenization markets, greatly increasing its value. XRP’s market cap could grow to $2.9 trillion, more than Microsoft’s. In a “bull” scenario, XRP could reach $12.70 by 2030 if it grows steadily, although it may face challenges in payments and tokenization. On the other hand, if XRP struggles to gain traction and institutional support fades, its price could drop to just $0.13 in the worst-case “bear” scenario.
XRP remains in a sideways trend, with strong resistance at $2.50–$2.80. Without a breakout, bullish momentum is unlikely in the short term.
If XRP dominates payments and tokenization markets, its market cap could hit $2.9T, making $29.32 possible, per Bitwise’s analysis.
Bitwise forecasts XRP at $29.32 in a bullish case, $12.70 with steady growth, and $0.13 in a bearish scenario if adoption slows.
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