XRP News Today: XRP Surges 21% In A Week, Reaching Seven-Year Highs Above $3

Crypto Bitlord, a well-known commentator in the crypto space, has made a bold recommendation for new investors to allocate their entire capital to XRP. This advice comes as XRP has recently surged to seven-year highs above $3, reaching a peak of $3.60. The token posted a 21% gain in a single week, outperforming even Bitcoin’s record run. Bitlord highlighted that an investment of $50,000 in XRP at roughly $0.60 last November would now be worth about $289,000, with prices hovering near $3.47. He reminded followers of XRP's previous rallies, breaking above $1 during last year’s rally and climbing beyond the $3 level this summer. This performance led him to advise new market entrants to skip the usual research and invest all their money into XRP.

Bitlord’s track record on XRP has had its ups and downs. In mid-2023, he touted the token when it traded around $0.50–$0.60, only to walk back those comments the following July. Some saw his pullback as sarcastic, as prices soon climbed past his earlier targets. Based on charts, he has also laid out what he thinks XRP could achieve—calling for dramatic moves that few other analysts dare to mention.

Despite the rally, XRP still faces obstacles. Its connection to Ripple and the ongoing legal showdown with the US Securities and Exchange Commission create uncertainty. A court decision could go either way, and any ruling against Ripple might send the price sharply lower. Other analysts have echoed bullish views, encouraging investors to stack at least 10,000 XRP tokens. They said they won’t sell until XRP reaches $100. That price would value a 10,000-token stash at $1 million. For many, that goal sounds distant. But analysts point to XRP’s history: it once traded for $0.002, making skeptics eat their words when it hit $1.

Bitlord has even floated a $10 target—an increase of about 180% from today’s levels. He believes some critics will end up “in mental institutions” if XRP ever tops that mark. He’s gone further, claiming the once-joked $1,000 target is now within reach. Hitting $1,000 would push XRP’s market cap into the trillions, dwarfing most assets on the market today. As the market buzzes, investors face a choice. Some are drawn to XRP’s meteoric rise and rosy forecasts. Others warn against betting everything on a single crypto token. The numbers show a balanced approach—dividing funds across several coins and setting clear exit points—might help guard against the next big swing. For now, XRP remains one of the most talked-about tokens in the crypto world.

A prominent crypto market commentator, Crypto Bitlord, has advised new investors to allocate their entire capital to XRP, asserting that the token's best days are ahead. This recommendation comes as XRP has recently experienced significant price movements, reaching an all-time high of $3.65 before stabilizing around $3.46. The surge in XRP's value has sparked considerable interest from both retail and institutional investors, with some analysts suggesting that holding just 1,000 XRP could be life-changing given the current price of $3.44.

The bullish sentiment surrounding XRP is further supported by technical analysis. EGRAG CRYPTO, a technical analyst, has identified a bullish crossover between XRP's 21-day and 33-day simple moving averages (SMAs), a pattern that has historically preceded significant price increases. In previous cycles, this pattern has led to extended bull runs lasting 56 days in 2018 and 91 days in 2021. Based on these historical patterns, EGRAG predicts that XRP could reach a potential peak between the first and second week of September 2025, approximately 73 days after the crossover. This prediction is based on the average duration of previous bull cycles.

EGRAG's analysis also includes potential price targets for XRP. Using Fibonacci extensions, EGRAG has mapped two possible tops: a conservative "Target 2" at $12.50, representing a 585% gain from the current price, and a more aggressive "Target 1" at $34.29, implying a 1,600% surge. However, EGRAG remains cautious, emphasizing the unpredictable nature of the market and the importance of having a clear selling strategy. The analyst advises traders to closely monitor XRP's performance in early September, as the token's next move could significantly impact its long-term trajectory.

The recent price movements and technical indicators suggest that XRP is entering uncharted territory, with the potential for substantial gains in the coming weeks. However, investors should approach this opportunity with caution, as market behavior can be unpredictable. The advice from Crypto Bitlord and the technical analysis from EGRAG CRYPTO highlight the potential for XRP to continue its upward trend, but also underscore the need for a well-defined investment strategy. As XRP's price continues to fluctuate, investors will be watching closely to see if the token can sustain its momentum and reach the predicted price targets.