Ripple’s Kangaroo Phase Analysis: XRP Is Targeting $13, Here’s How

5 months ago 22

Ripple (XRP) is presently connected a warpath. With its caller inclusion successful Trump’s strategical crypto reserve, XRP has documented a caller precocious successful the process, surging to beryllium astatine $2.54 astatine property time. However, XRP has galore much captious terms levels to ace for now, with developments successful queue that could enactment its meteoric terms hike. For instance, XRP ETF approval, followed by its lawsuit with the SEC yet concluding, could beryllium to beryllium game-changing events for the token. In summation to this, XRP has already laid its way up and is present targeting caller terms spots successful the process. Here’s however 1 expert thinks XRP whitethorn assertion $13 successful the agelong haul.

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Kangaroo Leap In Store For Ripple?

Ripple (XRP) is presently 1 of the market’s favorites. The token has documented a steep precocious of $2.80, station the announcement of the token being added to the cryptocurrency reserve by Trump. XRP has stabilized since then, sitting astatine $2.54 astatine property time. But that does not halt the token from claiming caller highs amid a myriad of bullish developments that the token has been stewing successful arsenic of late. For instance, if the SEC manages to o.k. the pending XRP ETFs, the improvement whitethorn assistance the token assertion caller highs undoubtedly. At the aforesaid time, the US SEC whitethorn besides reason its lawsuit with Ripple, ushering successful a marque caller terms momentum for the token to bask in.

Apart from specified evident terms surge reasons, XRP is presently undergoing a “Kangaroo Phase” arsenic highlighted by Egrag Crypto. The analyst, successful his latest post, outlined however XRP is aiming for immoderate expansive precocious terms targets.

Egrag Crypto took to X to stock however XRP whitethorn assertion a caller precocious arsenic the token is presently holding supra a captious enactment level. The token besides successfully retested the bull marketplace momentum, proving its mettle successful the process. In summation to this, the token is besides consolidating beyond the fib 0.888 level, checking disconnected different harmless marker of terms success.

“#XRP – Kangaroo Phase #XRP is gearing up for its adjacent large leap! Here’s why: Holding supra captious enactment inclination level. Successfully retested the Bull Market Support Band. Consolidating supra Fibonacci 0.888. Another macro consolidation Fib 1.0 portion is successful play ($3.37 – Fib 0.888 astatine $2.30). Noise consolidation is betwixt $3.40 and $2.00.”

Next Possible Targets for the Token

Per Egrag Crypto, present that the token has cleared disconnected the bulk of the cheque markers, XRP is archetypal aiming for an $8 to $13 terms scope successful its caller Kangaroo phase. The expert aboriginal shared different expansive terms pedestal with XRP, with the ultimatum hitting $27 successful the agelong haul.

“Next Macro Jump: #XRP’s adjacent large limb up could people $8.5 – $13 (Fib 1.272 & Fib 1.414). And let’s not disregard Fib 1.618—at $27+ potential! Historical Reference: Back successful 2017, XRP followed a classical Fib hold move, smashing Fib 1.618, consolidating, past making different parabolic determination to Fib 2.236. If past repeats, this would enactment XRP betwixt $27 and $222, aligning with the Fibonacci hold instrumentality and 2017 rhythm correlations.

#XRP – Kangaroo Phase

#XRP is gearing up for its adjacent large leap! Here’s why:
Holding supra captious enactment inclination level
Successfully retested the Bull Market Support Band
Consolidating supra Fibonacci 0.888
Another Macro consolidation Fib 1.0 portion successful play ($3.37… pic.twitter.com/Lj9gBqW0H6

— EGRAG CRYPTO (@egragcrypto) March 5, 2025

Also Read: Stellar (XLM) Climbs 9% connected Wednesday: Can it Outpace XRP?

The Token’s Technical Markers

Per CoinCodex, Ripple whitethorn opt for a safer route, surging to deed a caller spot of $2.70 by the extremity of March 2025.

“According to our existent XRP terms prediction, the terms of XRP is predicted to emergence by 8.07% and scope $ 2.70 by April 5, 2025. Per our method indicators, the existent sentiment is bullish portion the Fear & Greed Index is showing 20 (extreme fear). XRP recorded 15/30 (50%) greenish days with 6.94% terms volatility implicit the past 30 days. Based connected the XRP forecast, it’s present a bully clip to bargain Ripple.”

The token whitethorn yet deed $3 by June 2025, gradually gathering up its terms momentum.

“According to our existent XRP terms prediction, the terms of XRP is predicted to emergence by 31.10% and scope $ 3.28 by June 4, 2025. Per our method indicators, the existent sentiment is bullish portion the Fear & Greed Index is showing 20 (extreme fear). XRP recorded 15/30 (50%) greenish days with 6.94% terms volatility implicit the past 30 days. Based connected the XRP forecast, it’s present a bully clip to bargain Ripple.”