Analyst Says XRP Holders “Definitely Deserve to Make Money”. Here’s Why

Key Points

1. XRPunkie argues that long-term XRP holders who avoided panic selling deserve profits as a major rally could significantly increase XRP's value.

2. XRP has been in a 256-day sideways range since December 2024, trading between $3.15 and $3.40, with $3.00 as immediate support and $2.80–$2.60 as secondary support.

3. Ripple's legal battle with the SEC concluded with a $125 million penalty and no appeals, removing a long-standing uncertainty.

4. Ripple launched RLUSD, a dollar-backed stablecoin, in December 2024, enhancing the XRP Ledger's utility and attracting institutional interest.

5. Technical analysis suggests a breakout zone at $3.30–$3.40, with XRPunkie projecting a potential price target of $10–$15 based on growing utility and market conditions.