XRP, the native cryptocurrency of the XRP Ledger, has returned to the spotlight thanks to several key factors: its strong technical support, advancements in litigation, significant projects underway, and the possibility of collaboration with major ecosystems like Cardano. The following lines delve into these aspects.
📝 Latest news and analysis
📌 1. Technical consolidation in the $2.15–$2.35 range
XRP remains consolidated, trading near $2.16, with strong support above $2.00 and within a tight range between 50 and 200 period moving averages.
Analysts at Cointelegraph observe fractal formations indicating potential bullish breakouts towards ranges of $3.70–$10 and even up to $25.
🔄 2. Rumors of an agreement with the SEC
Negotiations between Ripple and the SEC continue. Internal reports suggested that an agreement could be reached soon, although discussions on agreement terms and injunctions are still pending.
A favorable resolution is seen as key to attracting greater institutional investment and unlocking new bullish catalysts.
🏗️ 3. Integration with Cardano
Charles Hoskinson, co-founder of Cardano, announced a significant intention to integrate XRP within its blockchain. This would open doors to new DeFi applications, remittances, and greater interoperability.
📈 4. Ambitious price projections
According to Standard Chartered and other analysts, XRP could surpass Ethereum by 2028 and even reach between $5 and $20 by the end of 2025.
Mathematical models project a sustained growth of 3% per month that would lead XRP to trade in much higher ranges over the next decade.
