X Promises XRP Will Surge to $1452.81

A prominent crypto analyst “Steph is Crypto,” has projected a substantial long-term surge in XRP’s value, estimating a future price of $1452.81.

A prominent crypto analyst, known as "Steph is Crypto," has made a staggering prediction for XRP, forecasting a potential long-term surge to $1,452.81. This prediction stems from the emergence of a multi-year bull flag formation, a widely recognized technical chart pattern that signals strong upward momentum following extended market consolidation.

According to the analyst, XRP has now exited a downward channel, which had defined the token's movement for several years. As shown in the chart below, the token has entered a fresh phase, hinting at a long-term rally.

Source: Steph is Crypto/XNUMX

To predict the next possible leap, the analyst used the height of the original price movement, often called the flagpole, to project the next move. The resulting figure places the token's potential price at $1,452.81, an astounding 59933.47% increase from the current price of $2.42.

"I don't even want to give you this #XRP price target! You’re definitely not bullish enough," said Steph.

$21B Bitcoin-to-XRP Rumors Spread

Further fueling the optimistic outlook, discussions are swirling about a potential portfolio adjustment by Michael Saylor, the chairman of MicroStrategy. Rumors circulating suggest a $21 billion shift from Bitcoin into XRP is being considered. While purely speculative at this point, analysts argue that such a move could herald a sharp upward rally for XRP, potentially propelling it toward the $1,000 level.

At present, XRP is showing signs of resilience as it attempts to recover above the $2.320 level. The token has managed to push through the $2.40 and $2.420 resistance points. Although it briefly tested the $2.50 barrier, the price couldn't maintain upward momentum and faced a minor pullback.

However, the broader structure remains encouraging. After clearing half of the previous downward wave from $2.580 to $2.354, the cryptocurrency remained above key support levels, including the 100-hour Simple Moving Average.

XRP faces resistance zones at $2.450 and $2.480. If buyers succeed in breaking through these levels, the price could touch $2.50 again, which aligns with the 61.8% Fibonacci retracement of the last downward movement. A break above $2.50 may open doors toward $2.550 and possibly even $2.650 or $2.6650 in the short term.

However, if it stumbles at $2.480, another pullback could be on the cards. Support lies at $2.40 initially, followed by a more critical support around $2.350. A drop below this could bring the price down to $2.320, and if momentum slips further, $2.250 might be the next area to watch.

Momentum indicators are flashing mixed signals. For instance, XRP's hourly RSI is now under 50, suggesting slowing strength in the recent price gains. Similarly, the MACD is losing pace in its bullish push. Nonetheless, the MACD remains in positive territory, and a cross back above the MACD line could pave the way for another round of gains.output: