XRP News Today: XRP Price Targeted at $29 Following Ripple-SEC Settlement

Crypto analyst Random Crypto Pal has shared a detailed analysis of XRP’s long-term price trajectory, identifying what he calls the “next stop” at approximately $29. In his post, he referred to an expected “parabolic move incoming” and added that “who disagrees has no idea,” implying strong conviction in the forecast. The chart he attached illustrates XRP’s historical price patterns and projects a steep upward trend following an apparent resolution of the long-standing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC).

The chart posted by Random Crypto Pal highlights significant historical milestones in XRP’s price movement. The key points noted include a previous peak around $3.34 in early 2018, preceded by a consolidation phase similar to current conditions. He identifies what he sees as a repeating pattern, where previous consolidation phases have led to substantial breakouts. The chart also marks the announcement from Ripple CEO Brad Garlinghouse, which reportedly confirmed that both Ripple and the SEC decided to drop their respective appeals and conclude the legal case “once for all.” Garlinghouse’s statement also included the phrase “LOCK IN,” which Random Crypto Pal interpreted as a signal of confidence.

In the comments to Random Crypto Pal’s analysis, other market watchers and analysts provided additional forecasts based on institutional trends, regulatory clarity, and technical factors. According to the analyst's forecast, XRP could reach $5.81, driven by institutional demand and Ripple’s global adoption strategy, especially with the launch of the ProShares Ultra XRP ETF. Standard Chartered’s forecast is slightly lower at $5.50 by the end of the year, citing ETF inflows, clearer regulation, and XRP’s established role in cross-border transactions as catalysts. Egrag Crypto offered a more ambitious target of $15 to $17, contingent on breaking significant resistance levels and maintaining strong market momentum. Meanwhile, CoinDCX estimated a range of $9 to $20 by December 2025, attributing potential gains to ETF-driven demand, Ripple’s Dubai tokenization initiatives, and broad blockchain integration. There were also more extreme projections, such as those from X user @B_arri_C, who claimed XRP could reach between $30 and $50, arguing that a global liquidity crunch and wider adoption could fuel this growth. However, other analysts cautioned that these estimates may underestimate market capitalization limits.

Random Crypto Pal’s analysis reflects an expectation of a major upward price movement for XRP, with a specific target of nearly $29. His projection is based on technical patterns and the perceived significance of the legal settlement between Ripple and the SEC. While his estimate exceeds many mainstream forecasts, he expressed confidence that the current market setup justifies such an outlook. The analysis was greeted with responses. Some agree based on institutional and regulatory trends, and others suggest more conservative targets.