XRP News: Upbit Becomes Leading XRP Market as Ripple Eyes $13 Target

Recent developments in the cryptocurrency market have seen South Korea’s Upbit exchange overtake Binance as the biggest holder of XRP, amid growing speculation about Ripple’s future price targets.

Upbit Overtakes Binance as Leading XRP Market

South Korean crypto exchange Upbit has surpassed Binance as the biggest holder of XRP, with double the amount of the token. It also accounts for more than 14% of XRP’s global trading volume, according to data from CryptoQuant shared by market analyst Kate Young Ju. This shift could reflect the cryptocurrency’s growing prominence among investors in Asia.

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

Ripple (XRP) has surged to $2.54 following its recent inclusion in Trump’s strategic crypto reserve. The token is expected to hit higher price levels with potential developments such as XRP ETF approval and the conclusion of its case with the SEC. One analyst predicts that XRP may reach $13 in the long term.

Shocking Ripple (XRP) Price Predictions as of Late

XRP surged by double digits in the past week, driven by Trump’s crypto reserve announcement. Analysts predict a potential surge to high levels, comparing the current situation to 2017. However, some warn of a bearish H&S pattern, suggesting a pullback unless XRP clears $2.85. Despite the volatility, Ripple’s native token remains one of the best-performing leading cryptocurrencies, with its price soaring by almost 15% in the past week and currently trading at around $2.57. The most evident factor contributing to its rally is Donald Trump’s announcement about creating a strategic crypto reserve that will include XRP among other assets.

XRP Bulls Eye $222 Price Target

XRP could experience a significant price surge, according to analyst Egrag Crypto. The chartist has identified a “Kangaroo Phase,” a consolidation period potentially leading to a breakout. Based on historical trends and technical indicators, XRP could reach $222 if conditions are favorable. Important pricing ranges show XRP staying above a crucial support line, strengthening optimistic momentum.