XRP News Today: XRP Targets $5-$10 as Bullish Momentum Builds

XRP, currently trading at $2.20, is demonstrating strong resilience as bullish momentum builds across the broader crypto market. According to popular XRP advocate JackTheRippler, the next major move for XRP is projected to be between $5 and $10. In a recent post on X, he confidently stated, “Next stop: $5–$10 per XRP,” reinforcing optimism that the asset is nearing a major breakout.

JackTheRippler’s projection is grounded in technical analysis. XRP has just completed a multi-year triangle formation, a well-known pattern that often signals the start of a strong price movement. This triangle, which has been forming since 2021, reflects tightening price action and growing buying pressure. Now that XRP has broken out of the pattern, the stage is set for a bullish continuation, with short-term targets in the $3–$5 range. If the price breaks above key resistance at $2.99, technical indicators suggest upside potential to $5.85 or even $8, based on Fibonacci extensions. Meanwhile, a daily close above $2.34 could confirm the breakout and unlock further gains.

Beyond the charts, XRP’s bullish outlook is supported by growing institutional interest and improving regulatory clarity. Ripple’s On-Demand Liquidity (ODL) service continues to gain traction globally, boosting real-world utility for XRP. On the legal front, both Ripple and the U.S. Securities and Exchange Commission are currently awaiting Judge Analisa Torres’ decision on a proposed settlement. While the case has cast a long shadow over XRP’s price for years, a favorable ruling could remove one of the final obstacles to broader institutional adoption.

Adding to the momentum is growing speculation around a spot XRP ETF. If approved, such a fund would open the door for institutional capital to flow into XRP at scale. Analysts believe an ETF approval could significantly accelerate XRP’s price movement and help realize JackTheRippler’s $5–$10 prediction.

XRP’s current price action suggests strong accumulation. Key support levels sit between $2.22 and $2.26, while $2.34 marks the next critical resistance. A clear breakout above this level would likely confirm the beginning of a new bullish phase. The broader landscape also favors XRP. Ripple’s alignment with global ISO 20022 payment standards, set to take effect in July 2025, positions XRP as a key player in the evolving financial system. As regulatory clarity improves and real-world use cases expand, XRP continues to transition from a speculative token to a cornerstone of digital finance.

While the path to $10 will require strong follow-through and ideal conditions, JackTheRippler’s forecast is not unfounded. It reflects a growing consensus that XRP is on the verge of a major move, one that could redefine its position in the market. If key resistance levels fall, XRP’s next stop may indeed be the $5–$10 zone.