Expert Predicts $XRP 🧭 Rally to $32 After 8+ Month Base

XRP has been hovering above $1.90 for the last eight months, holding firm after shooting past the previous high. That long consolidation is drawing bullish attention—some analysts now eye $30–$50 upside, with a major breakout to $32+ possible soon .

📈 **Why $32 Looks Plausible:**

Elliott Wave buildup: CrediBULL Crypto’s wave count suggests Wave (iii) may lift XRP to $8–$12, followed by Wave (v) reaching around $32 by 2026 .

On-chain & network metrics: Over 1.6M transactions and $500M+ daily volume indicate renewed engagement .

Institutional catalysts: The closure of the Ripple/SEC lawsuit and Ripple's banking charter push adds regulatory tailwinds .

🔍 Trader’s POV & What to Monitor

Consolidation breakout: A clear lift off $1.90 support could confirm bullish momentum — watch monthly candle closes.

Wave targets: First upside leg to $8–$12, with a longer-term run aiming near $32.

Macro triggers: SEC updates, ETF filings, Ripple’s bank license news, and continued on-chain strength could spark the move.

💡 Bottom Line

XRP’s long hold above prior highs sets a textbook breakout opportunity. If technicals and fundamentals align, a climb into the low-$30s isn't far-fetched.

Are you ready to scale in on confirmation?

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