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    You are at:Startseite » Research Platform Calls $50 XRP “Conservative” as Price Forecasts Soar
    News

    Research Platform Calls $50 XRP “Conservative” as Price Forecasts Soar

    James M. GathechaBy James M. Gathecha23. April 20250
    John Kiguru By John Kiguru 23. April 2025 Updated: 23. April 2025
    3 Mins Read
    XRP Bulls Eye Symmetrical Triangle—Can It Reach $6?
    • Sistine Research has predicted that XRP could surge to a price range of $33 to $50 in the future, though they describe this projection as conservative.
    • The timing of this projection is particularly notable as Bitcoin, the market leader, recently crossed $93,000, spreading bullish sentiment across the crypto market.

    Sistine Research, an AI-driven investment research community, has set price targets for Ripple (XRP) as the token surges by 5.10% in the past 24 hours and 7% in the past week. This comes as the crypto market stabilizes after some shaky weeks triggered by Donald Trump’s reciprocal tariffs and his comments on firing Federal Reserve Chairman Jerome Powell, which he recently retracted.

    In an X post, the research platform stated that its target for XRP is $33–$50. However, they feel this forecast is “a bit conservative,” noting that XRP is following a very similar pattern to 2017, but on a much larger scale. If the token price action is measured as a cup and handle, then the target may be up to $77 to $100.

    Between December 2013 and March 2017, the price action of XRP formed a symmetrical triangle chart pattern, a consolidation process that is defined by trendlines that converge. Following the breakout in May 2017, XRP peaked at $0.39 but retraced. The token then surged approximately 1,457% to an all-time high of $3.80 in January 2018.

    Attempts to Break Resistance

    XRP attempted to break out during a rally to $1.96 in early April 2021, but faced resistance at the upper trendline of the symmetrical triangle. The second attempt occurred in July 2023 after a federal judge ruled that XRP is not necessarily a security, but XRP faced resistance again at the upper boundary of the triangle.

    After Donald Trump defeated Kamala Harris in the November 2024 election, XRP went on a compelling rally that saw it break above the symmetrical triangle, with the Ripple token reaching a peak of $3.39 back in January 2025 before correcting.

    Since February 2025, XRP has been consolidating within a parallel channel, trading between $2 and $3. Sistine’s research suggests that this structure could be interpreted as a cup and handle pattern, a bullish continuation pattern. If this pattern plays out, they project potential price targets ranging from $77 to $100.

    While taking a more conservative stance, Ali Martinez, a crypto analyst, has remarked, “XRP is forming an inverse head and shoulders pattern, which sets us up for a potential bullish break towards 2.70 dollars.” At the same time, digital assets are gaining more institutional attention.

    As mentioned in our previous article, there are currently 72 crypto ETF applications at the Securities and Exchange Commission (SEC) waiting for approval by asset managers. This includes 18 XRP ETF applications, and according to prediction platform Polymarket, there is a 79% probability that the SEC would approve XRP ETF this year.


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    • What is Ripple (XRP)?
    Ripple XRP
    This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
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    James M. Gathecha
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    James is dedicated to demystifying intricate technological concepts. His keen eye for details has positioned him as a trusted voice in decentralized technologies. With years of experience, she creates insightful articles, in-depth analyses, and captivating narratives that uncover the potential and hurdles within the crypto and blockchain landscape. Business Email: [email protected] Phone: +49 160 92211628

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