XRP News Today: XRP Price Surges 7.5% Amid Bullish Forecasts and Regulatory Clarity

Sistine Research, a prominent research firm, has forecasted that the price of XRP could surge to between $33 and $55 in the upcoming cycle. This prediction is based on a historical price structure that closely resembles XRP’s dramatic rally in 2018, but on a much larger scale. The firm's analysis focuses on the cup-and-handle pattern, a well-known bullish formation that typically precedes a strong upward breakout. This pattern involves a long-term rounded bottom forming the "cup," followed by a smaller consolidation known as the "handle," before the price breaks out sharply. Sistine Research suggests that XRP is currently following this pattern, mirroring the setup seen in its 2017–2018 cycle, but on a larger time frame and scale, indicating the potential for a much more powerful breakout.

Adding to the bullish sentiment is the improved regulatory clarity surrounding XRP. In 2023, a significant ruling determined that XRP is not a security when sold on public exchanges. This ruling has removed a major regulatory hurdle and opened the door for increased institutional involvement in the asset. The improved regulatory environment, combined with the technical analysis, has bolstered confidence in XRP's potential for significant price appreciation.

As of the latest report, XRP is trading at $2.99, reflecting a strong 7.5% gain in the last 24 hours. The asset’s market capitalization now exceeds $175 billion, placing it firmly among the top five cryptocurrencies. This surge in price comes amid growing momentum in the altcoin market, with XRP emerging as a clear leader. Ripple’s ongoing efforts in global payments and the successful launch of its RLUSD stablecoin have enhanced the utility of the XRP Ledger ecosystem and sparked renewed interest in the asset.

The bullish sentiment surrounding XRP is further amplified by the community's increasing conviction that a significant price surge is imminent. Traders are closely monitoring the $3.10–$3.50 resistance zone, which, if breached, could ignite a parabolic rally. Should the cup-and-handle pattern play out fully, Sistine Research’s primary targets of $33–$55 could soon come into play, with extended targets up to $77–$100 if momentum intensifies. This timing aligns with what many analysts are calling an emerging “altcoin supercycle,” where select assets significantly outperform the broader market.

Backed by historical precedent and a compelling technical setup, Sistine Research’s $33–$55 XRP projection is gaining serious attention. With regulatory clarity, increasing institutional interest, and bullish technicals converging, XRP appears poised for a potentially historic move. If the pattern holds, the coming months could mark one of the most significant chapters in XRP’s price history.