#CPIUpdateOctober
How high will XRP go? ‘Explosive’ rally seen for Ripple token’s price
XRP has struggled to break the $1 barrier for the past three years due to the overall crypto winter and its drawn-out legal battle with the SEC. The regulator sued Ripple Labs and part of its leadership in 2020 and claimed that the company ran an unregistered securities offering. The case is still ongoing.
But the 900 days may have set the stage for a massive rally, Azizov told DL News.
Such prolonged accumulation periods often serve as the foundation for explosive rallies,” he said.
Veteran trader Peter Brandt also predicted a significant price rally for XRP in 2025.
Brandt updated his previous XRP analysis to show the asset has broken out of its “massive coil” during its recent price spike.
