XRP Primed for Explosive Rally: Top Trader Predicts Massive Bounce Toward $10 Target

XRP just flashed its most bullish signal in years—and one prominent trader says the sleeping giant is about to wake up in spectacular fashion.

The Setup

After weathering regulatory storms that would've sunk lesser assets, Ripple's native token shows textbook reversal patterns. Technical analysis points to a potential breakout that could send shockwaves through the crypto markets.

Market Dynamics

While traditional finance still debates whether cryptocurrencies are 'real assets'—a quaint discussion happening about fifteen years too late—XRP's underlying technology continues gaining institutional traction. The token's utility in cross-border settlements isn't just theoretical; it's actively cutting transaction times from days to seconds.

The Price Trajectory

Historical data suggests that when XRP moves, it moves violently. The road to $10 won't be a straight line—volatility remains the tax impatient investors pay for early entry—but the structural case grows stronger each quarter.

Remember: in crypto, fundamentals eventually catch up to hype. Sometimes.

Key Levels to Watch to Predict the Next Explosive Move for XRP

The daily chart shows that XRP has been consolidating for months. The price has bounced up and down between $2 and $3.5 and bullish momentum thus far has not been strong enough to break through the $4 level to kick off the next leg up.

We may get a strong correction at this point as the market seems ready to take a breather after its recent jump to $3.65. This upcoming drop could find support at $2.5 or even $2 if bearish momentum gains traction.

However, with so many macro tailwinds playing in favor of a bullish outlook for XRP, these WOULD provide good opportunities to enter long positions with a much lower downside risk compared to a few weeks ago.

A move above XRP’s recent highs, especially if the token gets to $4, which would result in a new all-time high, could set off a big, explosive move toward $5 first and then $10.

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The post Next Crypto to Explode: Top Trader Sees Big Bounce Ahead for XRP – $10 In Sight? appeared first on icobench.com.