Pundit: If You Aren’t Bullish on XRP Right Now, You’re Not a Serious Person

Key Points

1. XRP has broken out from a consolidation phase, forming a bullish structure that could lead to a 700% price increase, targeting $27.

2. Market sentiment around XRP is improving due to increased adoption of the XRP Ledger in payments, tokenization, and remittances, as well as regulatory clarity from Ripple's settlement with the SEC.

3. Institutional and strategic interest in XRP is rising, with cross-border payment networks and stablecoin initiatives contributing to potential buying pressure.

4. Patrick L Riley asserts that those not bullish on XRP at this stage are 'not serious,' citing strong technical indicators and favorable market conditions.

5. XRP's price is holding above major support zones, with a clear technical target of $27, suggesting sustained bullish momentum.