Jakarta, Pintu News – XRP (XRP) is back in the spotlight after two prominent analysts shared positive projections for the token. Both think that the technical signals point to a potential price increase higher than the current level, as long as the factors that support the uptrend are maintained.
Trader Javon Marks shared a chart showing that XRP is building momentum for its next rally.
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According to him, the token has the potential to rise more than 226% to touch a level of around $9.90. If it is able to break out of that zone, the price of XRP could even go as high as $20 or higher.
Marks explains that large price movements usually come after periods of massive accumulation and price patterns similar to what has happened before. His chart compares the current breakout to previous long-term moves, where XRP tended to surge after a flat phase.
Meanwhile, another respected chart analyst, Ali Martinez, also stated that XRP is set for a strong rally. He highlighted the presence of a buy signal on the TD Sequential indicator, a tool that helps identify potential trend endings and reversals.
Martinez added that the indicators on the 4-hour chart show an improvement in price movement and the possible start of a new uptrend. According to his analysis, technical conditions are now more favorable to buyers after the last period of consolidation.
Solid technical factors plus growing institutional interest in digital assets further strengthened bullish sentiment, especially after CME Group announced plans to launch futures options for XRP and Solana (SOL).
Both projections come after the price of XRP held steady above $3. Despite a mild correction, many traders believe the token is gearing up for a bigger move.
For now, the market response is still cautious as the price of XRP approaches the $3 level. The next most important test will be whether XRP is able to break the next resistance level and continue its rise.
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Technical analysis aside, recent developments surrounding XRP this week have further strengthened the bullish sentiment. These include the launch of the first XRP spot ETF in the US, as well as the planned launch of a tokenized fund on the XRP Ledger.
With this innovation, investors can trade or hold these funds like tokens, while gaining exposure to regulated investment products with faster settlement and greater liquidity.
These two events mark the growing institutional engagement with XRP. The token is now not just a means of payment, but has also evolved into an asset that underpins regulated investment products and supports on-chain financial integration.
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