Ripple’s Kangaroo Phase Analysis: XRP Is Targeting $13, Here’s How

Ripple (XRP) is currently on a warpath. With its recent inclusion in Trump’s strategic crypto reserve, XRP has documented a new high in the process, surging to sit at $2.54 at press time. However, XRP has many more critical price levels to ace for now, with developments in queue that could support its meteoric price hike. For instance, XRP ETF approval, followed by its case with the SEC finally concluding, could prove to be game-changing events for the token. In addition to this, XRP has already laid its path ahead and is now targeting new price spots in the process. Here’s how one analyst thinks XRP may claim $13 in the long haul.

Kangaroo Leap In Store For Ripple?

Ripple (XRP) is currently one of the market’s favorites. The token has documented a steep high of $2.80, post the announcement of the token being added to the cryptocurrency reserve by Trump. XRP has stabilized since then, sitting at $2.54 at press time. But that does not stop the token from claiming new highs amid a myriad of bullish developments that the token has been stewing in as of late. For instance, if the SEC manages to approve the pending XRP ETFs, the development may help the token claim new highs undoubtedly. At the same time, the US SEC may also conclude its case with Ripple, ushering in a brand new price momentum for the token to bask in.

Apart from such obvious price surge reasons, XRP is currently undergoing a “Kangaroo Phase” as highlighted by Egrag Crypto. The analyst, in his latest post, outlined how XRP is aiming for some grand high price targets.

Egrag Crypto took to X to share how XRP may claim a new high as the token is currently holding above a critical support level. The token also successfully retested the bull market momentum, proving its mettle in the process. In addition to this, the token is also consolidating beyond the fib 0.888 level, checking off another safe marker of price success.

Next Possible Targets for the Token

Per Egrag Crypto, now that the token has cleared off the majority of the check markers, XRP is first aiming for an $8 to $13 price range in its new Kangaroo phase. The analyst later shared another grand price pedestal with XRP, with the ultimatum hitting $27 in the long haul.

#XRP – Kangaroo Phase

#XRP is gearing up for its next big leap! Here’s why:
Holding above critical support trend level
Successfully retested the Bull Market Support Band
Consolidating above Fibonacci 0.888
Another Macro consolidation Fib 1.0 zone in play ($3.37… pic.twitter.com/Lj9gBqW0H6

The Token’s Technical Markers

Per CoinCodex, Ripple may opt for a safer route, surging to hit a new spot of $2.70 by the end of March 2025.

The token may ultimately hit $3 by June 2025, gradually building up its price momentum.