XRP News Today: XRP Could Rally 125% to $5 Says Analyst Warren

Market analyst Tim Warren has expressed a bullish outlook on the price trajectory of XRP, suggesting that the cryptocurrency could see substantial gains before the current bull market concludes. Warren, who was a guest on the Paul Barron Network podcast, highlighted that despite XRP's recent sideways performance, there are technical signals indicating a potential breakout.

Warren noted that XRP has been consolidating for several months but pointed to a bullish chart pattern forming on the daily timeframe. He mentioned that XRP briefly surpassed a previous resistance level around $2.55 before retracing, but he believes the overall trend remains positive. According to Warren, XRP could dip to approximately $2.20 in the near term, but once it establishes stronger momentum, the token could rally past resistance levels and reach a minimum of $5. His long-term target for XRP is a price range between $11 and $12, which he believes could be achieved before the ongoing bull run concludes.

Warren emphasized that while smaller altcoins may offer greater short-term returns, a four to five times increase from current levels would still represent a strong performance. He also noted that XRP has already gained over 380% since November 2024, further supporting his bullish case. Warren confirmed that he is holding his XRP assets and emphasized his continued confidence in the cryptocurrency’s potential.

During the podcast, the conversation also touched on reports suggesting that Ripple, the company behind XRP, may be exploring a possible acquisition of Circle, the company behind the USDC stablecoin. The potential acquisition, rumored to be valued at around $11 billion, could position Ripple as a leading asset issuer across multiple blockchains. Critics have expressed concerns about the implications for competition and regulatory scrutiny.

Warren acknowledged that the financing structure of such an acquisition remains unclear. He agreed that if Ripple were to sell XRP, it could temporarily affect the token’s price. However, he dismissed the idea that Ripple would deliberately offload large amounts of XRP onto the market. Warren stated that Ripple benefits more from XRP performing well and believes that even if some market participants interpret the acquisition as a risk, it could ultimately support XRP’s long-term value.