XRP Price Prediction: Will BlackRock and Fidelity Join the XRP ETF Race?

XRP has long been a focal point in the cryptocurrency market, both due to its underlying utility in cross-border payments and the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).

"If Ben (pseudonym for a crypto analyst known as CryptoBull) is correct, then we could see this symmetrical triangle breakout as early as next week. From this level, he sees XRP rallying all the way to $5.30. This price target represents an upside potential of 125% from the current price of XRP at the time of writing.

"Another analyst, YouTuber Levi Rietveld, also identified a golden MACD cross on the daily chart of XRP. This is a bullish technical signal that usually occurs ahead of strong uptrends.

"According to Rietveld, this MACD cross, which occurred in November 2024, is a setup that we’ve seen before, and it led to a 600% price rally for XRP. However, not all analysts are bullish on XRP. Veteran trader Peter Brandt recently issued a warning about a potential bearish reversal in XRP.

"Brandt identified a head-and-shoulders pattern, which is a bearish chart formation that signals an upcoming reversal. According to his analysis, this pattern could lead to a price decline of 55% from the peak of the head-and-shoulders to the neckline. At the time of writing, XRP is trading at around $44.66. If it falls by 55%, it could reach a low of $19.90. From this level, we could see a rally back to the price at which the pattern began, which is around $26.60.

"But at the rate things are going, we could see this symmetrical triangle breakout as early as next week. From this level, Ben sees XRP rallying all the way to $5.30. This price target represents an upside potential of 125% from the current price of XRP at the time of writing.

"Another analyst, YouTuber Levi Rietveld, also identified a golden MACD cross on the daily chart of XRP. This is a bullish technical signal that usually occurs ahead of strong uptrends.

"According to Rietveld, this MACD cross, which occurred in November 2024, is a setup that we’ve seen before, and it led to a 600% price rally for XRP. However, not all analysts are bullish on XRP. Veteran trader Peter Brandt recently issued a warning about a potential bearish reversal in XRP.

"Brandt identified a head-and-shoulders pattern, which is a bearish chart formation that signals an upcoming reversal. According to his analysis, this pattern could lead to a price decline of 55% from the peak of the head-and-shoulders to the neckline. At the time of writing, XRP is being sold at around $44.66. If it falls by 55%, it could reach a low of $19.90. From this level, we could see a rally back to the price at which the pattern began, which is around $26.60.

"But at the rate things are going, we could see this symmetrical triangle breakout as early as next week. From this level, Ben sees XRP rallying to $5.30. This price target represents an upside potential of 125% from the current price of XRP at the time of writing.

"Another analyst, YouTuber Levi Rietveld, also identified a golden MACD cross on the daily chart of XRP. This is a bullish technical signal that usually occurs ahead of strong uptrends.

"According to Rietveld, this MACD cross, which occurred in November 2024, is a setup that we’ve seen before, and it's what led to a 600% price rally for XRP. However, not all analysts are bullish on XRP. Veteran trader Peter Brandt recently issued a warning about a potential bearish reversal in XRP.

"Brandt identified a head-and-shoulders pattern, which is a bearish chart formation that signals an upcoming reversal. According to his analysis, this pattern could lead to a price decline of 55% from the peak of the head-and-shoulders to the neckline. At the time of writing, XRP is being sold at around $44.66. If it falls by 55%, it could reach a low of $19.90. From this level, we could see a rally back to the price at which the pattern began, which is around $26.60."