Can XRP Rally to $28? Key Drivers and Realistic Targets
XRP price is trading around $2.9 after a 6% daily gain, driven by increased volumes and regulatory clarity following the SEC case developments. The token has reclaimed the $3 support zone and is testing resistance at $3.25–$3.60.
A rally to $28 would require XRP’s market cap to reach about $1.6 trillion, demanding global ETF approvals, massive institutional inflows, and widespread real-world adoption. Historical parabolic cycles, similar to past BTC and ETH blowoffs, could fuel speculative waves, but these are often brief without sustained on-chain usage.
Regulatory certainty has lowered barriers for U.S. institutions, sparking ETF filings and custody discussions. Ripple’s growing partnerships and potential M&A in cross-chain and payments infrastructure could further drive adoption.
In the near term, traders should watch for a confirmed break and hold above $3.60. While $28 remains theoretically possible over multiple years, the realistic short-term focus is on key resistance levels and catalysts such as ETF approvals and major enterprise integrations.
Bullish
The news highlights XRP’s strong momentum post-SEC clarity, with a clear path for institutional inflows via ETFs and growing partnerships. Historically, regulatory breakthroughs and ETF approvals (as seen with BTC and ETH spot ETFs) have triggered sustained bullish runs. In the short term, a confirmed break above $3.60 could catalyze further upside as traders chase momentum. Over the long term, broad adoption through payment rails and cross-chain integrations would support higher targets, though a $28 valuation requires years of compounded growth and remains an ambitious milestone. Overall, the combination of regulatory progress and institutional interest makes the outlook bullish, with key resistance levels and ETF developments serving as immediate catalysts.