The XRP community is experiencing renewed bullish sentiment following a bold forecast by Sistine Research, projecting XRP could reach between $33 and $55.
Sistine Research Forecast
Sistine Research points to a historical price structure strikingly similar to XRP’s explosive rally in 2018, but this time, on a much larger scale. Their analysis centers on the cup-and-handle pattern, a well-known bullish formation often preceding a strong price breakout.
XRP Price Update and Market Position
As of the report, XRP is trading at $2.99, showing a strong 7.5% gain in the last 24 hours. Its market capitalization now exceeds $175 billion, placing it firmly among the top five cryptocurrencies.
Strengthening Bullish Sentiment
Xaif's post suggests that the XRP community is increasingly convinced that a significant price surge is imminent. Traders are closely watching the $3.10–$3.50 resistance zone, which, if breached, could ignite a parabolic rally.
The forecasts by Sistine Research and the current technical conditions create the potential for a historic price surge for XRP in the coming months.
