XRP Price Eyes 70% Surge To $3.99 As Amid Trendline Test
2025-07-05 11:04:19
Main Idea
The article discusses the potential for a significant price surge in XRP, citing technical analysis and recent developments involving Ripple and the SEC.
Key Points
1. XRP price is testing a new trendline, with analysts predicting a potential 70% surge to $3.99 if bullish momentum continues.
2. Ripple's legal battle with the SEC and other developments, such as the announcement of a national banking license, are fueling optimism for XRP's price.
3. The XRP price needs to hold above $2.2 to maintain bullish momentum and avoid a potential drop.
4. Recent announcements by Ripple's CEO, including the move towards a national banking license, led to a sharp 5% increase in XRP's price.
5. Analysts suggest that if the market remains bullish, XRP could reach new all-time highs in the next few months.
Description
With the market on another come-up, the XRP price looks to be aiming for higher targets from here. While the altcoin has been unable to clear new all-time highs in the last seven years, the current trajectory suggests that this target may be around the corner. Presently, the XRP price is looking to test a major trendline , and if it is able to successfully break through, then high double-digit gains await the cryptocurrency. XRP Price Testing New Trendline A crypto analyst on the TradingView web...
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