Analyst Hints $10 in XRP Price

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The XRP price has continued its downtrend within a falling channel, dropping over 35% from its Q1 peak, resulting in a bearish first half.

Despite this, XRP is maintaining a strong support area in Q2 and is consolidating near the channel’s upper boundary.

While the H1 price action might appear bearish, but rising bullish sentiment, increased on-chain activity, major integrations, and recent legal clarity suggest a potential breakout ahead.

If the legal battle surrounding XRP concludes favorably, a breakout could target the Q1 high of approximately $3.39, with the possibility of even higher targets.

Even analyst opinions like Captain Redbeard also align with optimistic forecasts. The analyst highlights that if XRP price advances, then a major bounce from the current demand zone could push a rise to $10. $XRP