XRP Bulls Emerge as Price Targets $1.85 Amid Improving Macro Liquidity

A widely-followed cryptocurrency trader has pointed to early signs of a bullish shift in XRP's market structure, potentially leading to a price target of $1.85.

The trader notes that XRP recently broke above $1.39 and several previous lower highs, marking a potential shift in the market's trend.

However, the trader currently considers XRP's trend neutral rather than bullish, with a break above $1.48 needed to confirm a bullish shift and reach the first target at $1.58.

If momentum continues, XRP could move toward the $1.70-$1.85 liquidity zone, driven by improving macro liquidity and potential tailwinds from Treasury Secretary Scott Bessent's discussion on increasing bond purchases.