Ripple is one of the best cryptocurrency tokens available. XRP is making some waves on the market lately, mainly due to the CEO’s recent meeting with Donald Trump, the President-elect. Rumors are circulating that Ripple’s ecosystem is brewing a big thing. XRP has already started charting its way to reach remarkable prices, and could be claiming double-digits soon. Can XRP claim $10 as a future price? According to one analyst, yes.
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What is Ripple To The Moon?
XRP’s investors are currently banking on new products. XRP, for example, has unveiled RLUSD as the stablecoin of the Ecosystem in an effort to revolutionize finance. XRP’s future is sure to be boosted by such exciting developments.
Ali Martinez is a notable analyst who believes that XRP’s price has been increasing under a pennant. Martinez revealed that XRP’s pennant’s rising trendline is $2.05 at the time of this post.
Experts have clarified the fact that XRP’s price can soar once it crosses the $2.50 mark. In the long run, XRP may even reach $10.
“$XRP offers two potential entries. The first is the rising trendline of the pennant, at $2.05. The second is a breakout outside of the pennant, at $2.50.Regardless of your entry, the target remains $10!“
$XRP There are two possible entries. It is the ascending trendline at $2.05. The breakout of the outside pennant is at $2.50.
No matter what you enter, your target is still $10! pic.twitter.com/chpPehzUq7
— Ali (@ali_charts) January 9, 2025
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Polymarket weighs in on the Token’s ETFs ordeal
Polymarket has reported that there is a strong 70% chance for XRP to be approved as an ETF this year.
Yesterday Ripple CEO Brad Garlinghouse and Trump had dinner together.
Chances $XRP The percentage of people who buy ETFs this year will remain at 70 %. pic.twitter.com/vjbkSICn8s
— Polymarket (@Polymarket) January 9, 2025
John E. Deaton’s, Ripple’s attorney, also announced another positive development. Deaton shared on X that a Ripple IPO could be coming soon, possibly in the fourth quarter or first quarter 2026.
“I’ve already stated that I believe we see a Ripple IPO either in the last quarter of 2025 or the 1st quarter of 2026. The timing depends on how aggressive Paul Atkins is as SEC Chairman. I predict the appeal gets withdrawn, Ripple pays the fine, and the case is over.”
“@Ripple didn’t prioritize going public because that really didn’t make any sense under the previous SEC administration, maybe that changes in the future.”
—- @bgarlinghouseI’ve already stated that I believe we see a Ripple IPO either in the last quarter of 2025 or the 1st… https://t.co/mEHkIqpkCb
— John E Deaton (@JohnEDeaton1) January 6, 2025
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Source: watcher.guru
