XRP began the week trading around $3.50, gaining more than 2.5% over the last 24 hours. The price surge comes as crypto analysts issue bold new forecasts following Ripple’s legal resolution with the U.S. Securities and Exchange Commission (SEC). Some projections now suggest XRP could climb as high as $29 during the next bullish cycle.
Technical analysis shows bullish setup
Crypto analyst Random Crypto Pal sparked debate online after stating that XRP could soon reach $29. His reasoning: a “parabolic move” appears imminent, fueled by repeating historical price patterns and a definitive end to the Ripple v. SEC lawsuit.
According to his chart, XRP is mirroring its pre-2018 bull run when it peaked around $3.34. The resolution of Ripple’s legal battle, confirmed by CEO Brad Garlinghouse, provides the kind of regulatory clarity that has historically preceded major crypto rallies.
Price forecasts vary—but momentum is building
While the $29 target is the most aggressive, other forecasts are still highly bullish:
- $5.81 — Driven by institutional demand and Ripple’s expanding cross-border presence
- $5.50 — From Standard Chartered, citing ETF flows and stronger regulation
- $9 to $20 — CoinDCX expects this range by December 2025
- $15 to $17 — Egrag Crypto anticipates this level if momentum continues
- $30 to $50 — Outlier estimate from social user @B_arri_C, though some question its feasibility given market cap constraints
Despite disagreements over specifics, nearly all forecasts emphasize the importance of Ripple’s regulatory breakthrough and new exchange-traded fund (ETF) launches in boosting XRP’s price ceiling.
U.S. crypto legislation adds fuel
XRP’s outlook also strengthened after the U.S. House of Representatives passed three major crypto bills last week—the GENIUS Act, CLARITY Act, and Anti-CBDC Act. These measures, combined with the approval of Teucrium’s XRP ETF, mark a significant policy shift toward institutional acceptance of digital assets like XRP.
Ripple executives said the new laws will cement the company’s role in U.S. fintech, particularly through its RLUSD stablecoin and growing XRP Ledger ecosystem.
Key technical signals support upside
Market watchers have also pointed to bullish chart signals:
- A Golden Cross and strong MACD buy signal support continued price growth
- XRP is testing resistance near $3.66, and a break above could trigger a run toward $4, $6, and beyond
However, some investors are turning to early-stage projects like Remittix, seeking potentially greater returns in the DeFi sector.
What happens next?
Much depends on whether XRP can maintain momentum and attract continued institutional capital. Analysts agree that the next few weeks are critical for determining whether XRP breaks through resistance or retraces to support levels.
Investors should also monitor any additional guidance from the SEC or Ripple regarding stablecoin frameworks, tokenization, or custody partnerships with firms like BNY Mellon.
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