XRP News Today: XRP Targets $3-$4 as US Regulation Nears Completion

XRP, a prominent cryptocurrency, is exhibiting renewed strength in the market, according to crypto analyst Teo Mercer. Mercer recently highlighted that the current market conditions present a strong entry point for XRP, with a realistic price target of $3 to $4 in the coming months. He suggested that both technical and macroeconomic factors are aligning favorably for XRP, indicating that a major breakout may be imminent.

A significant factor contributing to Mercer’s optimistic outlook is the evolving regulatory environment in the United States. Lawmakers are nearing the completion of comprehensive digital asset legislation, which has been a long-awaited development. This regulatory clarity is expected to boost confidence in the broader crypto market, potentially driving XRP’s price higher.

Key figures in the Senate have expressed optimism that a new regulatory framework will be enacted before the end of the year. This development, coupled with the pro-crypto stance adopted by the administration, which includes plans for a Strategic Digital Asset Reserve featuring XRP, is seen as a major endorsement of digital assets. This initiative aims to enhance the country’s financial infrastructure and signals potential long-term institutional adoption of XRP.

Technical indicators also support the bullish outlook for XRP. The cryptocurrency has been consolidating above the $2 mark following a sharp rally earlier this year. Currently trading at $2.09, XRP is holding key support levels, indicating that recent gains are stable. Analysts point to the contraction of Bollinger Bands and consistent volume as signs of an impending breakout. Mercer believes this period of sideways movement presents a rare opportunity for investors, as it often precedes the next leg up in a bull market.

Historical chart patterns suggest a similar setup to previous bull markets, making a move to $3-$4 increasingly likely. Price models based on Fibonacci extensions and prior cycle trends also converge within Mercer’s target zone, reinforcing the idea that XRP may soon revisit its 2017 highs, this time on the back of stronger fundamentals and real-world integration.

Beyond market dynamics, the XRP Ledger continues to evolve, with recent integrations with cross-chain protocols such as Wormhole expanding its utility. These integrations enable developers to build decentralized applications across multiple ecosystems, making the network more attractive for tokenized assets, institutional finance, and DeFi use cases. This interoperability further strengthens XRP’s long-term value proposition.

Mercer’s call for a $3–$4 XRP target, once considered bold, is now supported by compelling evidence. With favorable regulation on the horizon, macroeconomic support from the highest levels of government, and strong technical positioning, XRP appears poised for significant upside. As Mercer suggests, something big may indeed be loading for XRP.