Will $XRP Hit $5 or Even $15? Here’s What Analysts Are Saying
XRP’s recent rally, driven by the regulatory approval of Ripple’s RLUSD stablecoin, has sparked predictions of even higher price targets, with many eyeing $5 in the short term and $15 in the long term. Here’s what’s fueling this bullish sentiment:
1. RLUSD’s Impact on XRP Demand
With RLUSD in beta testing on Ethereum and XRP Ledger, Ripple’s entry into the stablecoin market is expected to deepen its remittance and settlement services. Analysts suggest that RLUSD’s wide adoption could boost demand for XRP as a less volatile asset, potentially driving significant price growth.
2. Bull Flag Pattern Targets $15
From a technical perspective, XRP has formed a bull flag pattern—a bullish continuation setup. A breakout above $2.58 could propel XRP to $15, based on the height of its previous uptrend.
3. Yield Opportunities on XRPL
Crypto expert Vincent Van Code predicts that RLUSD’s success will amplify demand for XRP once Automated Market Makers (AMMs) and Liquidity Pools (LPs) are set up, offering 5% APY on-chain with minimal risk. This could attract serious institutional and retail funds, further reducing exchange supply and driving up prices.
What’s Next?
With XRP’s Relative Strength Index (RSI) still in positive territory, analysts believe there’s room for further upside before the market overheats. While $5 appears attainable, hitting $15 will depend on technical breakouts, adoption of RLUSD, and broader market conditions.
XRP’s historic rally may not be over—are you ready to ride the wave?