Expert Predicts $XRP đ§ 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 attentionâsome analysts now eye $30â$50 upside, with a major breakout to $32+ possible soon .
đ **Why $32 Looks Plausible:**
Elliott Wave buildup: CrediBULL Cryptoâs wave count suggests Wave (iii) may lift XRP to $8â$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 .
đ Traderâs POV & What to Monitor
Consolidation breakout: A clear lift off $1.90 support could confirm bullish momentum â watch monthly candle closes.
Wave targets: First upside leg to $8â$12, with a longer-term run aiming near $32.
Macro triggers: SEC updates, ETF filings, Rippleâs bank license news, and continued on-chain strength could spark the move.
đĄ Bottom Line
XRPâs 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?