XRP Bulls Pin High Hopes on Regulatory Clarity
Crypto analysts have set ambitious price targets for XRP, forecasting potential moves to $4 and $7. The predictions come as regulatory clarity improves and market conditions ease.
One analyst, Dark Defender, mapped out a technical scenario that suggests XRP could reach $4.1043 based on Fibonacci extension levels and an Elliott Wave-style structure.
Another estimate from EGRAG Crypto looks further ahead to 2029, projecting that if XRP's market capitalization reaches $500 billion by June of that year and its circulating supply grows to around 71.9 billion tokens, the price could trade near $6.96. However, this calculation is sensitive to token distribution decisions.
Institutional interest in XRP remains speculative, with some analysts claiming that expiring nondisclosure agreements and newly visible contracts signal potential positioning. While Ripple executives have emphasized regulatory progress and continued support for XRP's role, neither these comments nor community speculation establish a direct link to the price levels being circulated.