XRP Price News: Analyst Eyes $7 After Ripple Breaks All-Time High

Key Points

1. XRP broke its previous all-time high of $3.40, reaching $3.65, marking a 40% surge over the past week.

2. The $3 resistance level was a critical point; holding above it could signal further gains toward $4.10 or $4.50.

3. A Fibonacci extension suggests a possible price target of $4.68, with potential for $5 if Bitcoin's bullish trend continues.

4. Options markets indicate a 20% chance XRP could hit $4.50 by September, with $7 possible if Bitcoin reaches $200K.

5. A $10 XRP would require a $590 billion market cap, which analysts consider a high but not impossible target.