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The XRP price (XRP) has managed to remain green in the last 7 days despite the volatility established by the war between Iran and Israel.
Token managed to remain above its psychological support of $ 2 after the weekend dropped briefly below this level.
This week, lawyer John Deaton, a well -known supporter of Ripple, who recently lost an offer for the American Senate against Elizabeth Warren, said Blockchain should use the positive environment in which cryptors are running Initial public offer (IPO).
Using success CIRCLE’S IPODeaton believes that the market could appreciate the ripple of up to $ 100 billion.
“If @circle can hit the market limit of 62B-75b, @Ripple, with almost 40b XRP, currently worth $ 2 (ie 80b $), it could certainly hit the market limit of 100 B in this environment,” Deaton said in X post.
If Ripple agrees with his opinion, this would support the Bull’s prediction of the XRP price, as this would contribute to raising public awareness of the project and further strengthen the Ripple offer to become the preferred cross -border payment platforms for global enterprises.
Prediction Price XRP: XRP consists of a bull pattern that predicts repeated latest maximum
When we look at the 12 -hour graph for the XRP, we can see that the token has created a formula of the bull flag pattern due to the long -term consolidation phase that came after its November 2024.
Ripple’s legal victory against the US Securities and Stock Exchange Commission (SEC) and changing the management in the agency was powered by the XRP Award near its Maxim.
Pennant patterns like this prefer to continue uptrend that once pushed the token to these levels. So if the price breaks out over an area of $ 2.5, we could soon see a repetition of $ 3.4.
The momentum indicators in this lower time frame are improving because the relative force index (RSI) moved above 50, which means that UPTREND gains power.
The 2 $ brand seems to be the most important support to be monitored. Another reflection on this area could provide the necessary liquidity for the assembly towards the new ATH.
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Contribution [LIVE] Price prediction XRP: John Deaton says it is possible to appreciate the ripple $ 100b – here is what it means for XRP He appeared for the first time Cryptonews.
