XRP News Today: XRP Surges 92% Then Retreats 16% as Analysts Cite Normal Correction and $10–$15 Target

XRP has experienced significant volatility in recent weeks, surging 92% over 30 days to reach $3.66 from $1.95 before retreating 16% to $3.17. Crypto analyst XRPunkie has urged holders to remain calm, emphasizing that the correction is a normal part of the asset’s cycle and that the long-term trajectory toward $10–$15 remains intact [1]. The pullback follows a parabolic rise, during which XRP broke key resistance levels and is now testing critical support zones between $3.10 and $3.30. Technical indicators suggest the token remains in an uptrend, with the pullback acting as a reset for renewed momentum [1].

Market dynamics, including Bitcoin’s stagnation near $120,000 and broader altcoin rotations, have contributed to the correction. However, XRP is holding above key technical levels, including the 23.6% Fibonacci retracement at $3.25 and the Bollinger Band range of $2.90–$3.00. Analysts highlight bullish patterns such as a prior flag formation breakout and a golden cross in the MVRV ratio, which reinforce confidence in XRP’s resilience [1].

Macro-level factors further support optimism. Discussions around a U.S. digital asset reserve, which include Bitcoin and Ethereum, have positioned XRP as a potential cornerstone in global payments infrastructure. Additionally, growing institutional interest and the token’s expanding role in cross-border transactions are seen as catalysts for future growth [1]. While Bitcoin’s performance and regulatory clarity will influence XRP’s trajectory, analysts project a $6–$9 range in the near term, with $10–$15 becoming viable if Bitcoin reaches a $3 trillion market cap [1].

XRPunkie’s assertion that the correction is “nothing out of the ordinary in crypto” underscores the cyclical nature of the market. With strong technical support, macro trends, and investor sentiment aligned, the path to the analyst’s price target remains credible. However, investors are cautioned to conduct independent research before making decisions, as the information provided does not constitute financial advice [1].

Source: [1] [Analyst to XRP Holders: Sit Back and Relax, $10 to $15 Still in Play] [https://timestabloid.com/analyst-to-xrp-holders-sit-back-and-relax-10-to-15-still-in-play/]