Analyst Reiterates $750 XRP Target Amid Tight Trading Range
XRP is currently trading at $1.51, up 1% in the latest session, as analysts remain divided on its future trajectory. Jake Claver, a prominent analyst, has reiterated his bold prediction that XRP could reach $750 by late 2026 or early 2027. This target represents a more than 400-fold increase from the current price, though immediate resistance levels around $1.52, $1.56 must first be overcome before such a rally can be considered.
Claver made these remarks during a livestream on Thursday, despite his earlier forecast of a $100 target for 2025 failing to materialize. Meanwhile, XRP Asia has been launched to support businesses, developers, and startups in the Asia-Pacific region. However, this initiative is seen as a long-term adoption effort rather than an immediate catalyst for price movements.
Technical analysis shows XRP's 24-hour range has been tight, between $1.49 and $1.53, with a seven-day range of $1.45, $1.56. Traders are closely monitoring whether the price can break through resistance or if it will retreat toward support levels around $1.45, $1.48. A daily close above $1.56 would signal a potential breakout, while a drop below support could weaken the current setup.
Longer-term projections, such as a $11 target, hinge on a multi-stage advance and a break above $1.66. Claver’s $750 prediction remains highly speculative and would require sustained demand and verifiable catalysts to become a reality.