XRP Sharp Gee to $3.65; Analyst Dem Talk Say E Go Rally Reach $16
XRP price don burst reach record $3.65, na na mark the latest stage for the XRP rally. The token don pass USDT to become the third-biggest cryptocurrency with market cap near $208 billion. One ascending channel for XRP weekly chart dey show say the bullish momentum strong for the XRP rally. After e break the lower trendline, XRP hit the new peak and e dey follow pattern of higher lows and highs since 2024. Analyst John Squire talk say one similar 36-week pattern don give 6× gains before. Crypto analyst Steph Is Crypto dey predict say the rally go reach $16 by September—dat na 338% jump—if the broader market support still dey. To match this rally, XRP go need $1.2 trillion market cap—three times Ethereum valuation—and continuous buy-side liquidity wey dey hundreds of millions. Right now, 2% price move for Binance need over $12 million buy orders. Trading volume don drop 15% for 24 hours as XRP dey settle near current levels. Traders suppose watch for volume spikes and trendline retests to fit time their entries. Institutional demand fit grow after Thumzup Media invest $250 million for crypto wey include XRP, ETH, SOL, DOGE and LTC, but analyst Lark Davis warn say cap and liquidity barriers fit block any upside pass $4.5.
Bullish
Record highs, bullish chart patterns plus strong institutional interest dey signal say XRP fit go higher. Small small pullbacks fit happen due to liquidity wahala and volume drop, but the ascending channel plus 36-week pattern dey support say the rally go last. Traders suppose dey watch buy-side liquidity, volume spikes and trendline retests for entry points, meanwhile big big investment like Thumzup Media’s $250 million allocation dey confirm mid- to long-term bullish momentum.