Top Analyst Says XRP Is a Ticking Time Bomb. Here’s why
Main Idea
A top analyst describes XRP as a 'ticking time bomb' due to its recent price movements and potential for a significant breakout, with possible long-term targets in the $10 to $14 range.
Key Points
1. XRP experienced a sharp rise between November 2024 and January 2025, followed by an extended consolidation phase.
2. Analyst Steph Is Crypto highlighted XRP's price movements, noting its consolidation below a downward trend and a breakout potential.
3. Steph described XRP as a 'ticking time bomb,' suggesting a possible long-term price target of $10 to $14, with the current price holding above $3.
4. The resolution of the lawsuit between Ripple and the SEC has removed a major source of uncertainty, potentially aiding XRP's momentum.
5. Traders are watching for a confirmed breakout, as XRP's price has compressed within a tight range, indicating potential upward moves.
Description
In recent months, XRP has been trading within a range that has kept investors watching for a decisive move. Following a sharp rise between November 2024 and January 2025, the asset entered an extended consolidation, finally breaking out in July. Steph Is Crypto (@Steph_iscrypto), a well-followed analyst, drew attention to XRP’s price movements in 2025. He showed the asset’s consolidation below a downward sloping resistance line before the recent breakout. This breakout saw the asset rise to a ne...
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