XRP Could Hit $73, Says Research Firm In Bullish Outlook 📈
An extended technical review by Sistine Research places XRP at the top of the market, mapping a potential price trajectory up to $73. Analyst Forrest points to XRP's performance since the US election as a key indicator of its bullish outlook.
Forrest's thesis revolves around a "seven-year flag and breakout" pattern on XRP's monthly chart, suggesting that once XRP breaches the $3.00–3.30 range, momentum may drive it even higher. He identifies a ladder of profit-taking zones, with a notable target of $73.
While Forrest acknowledges the challenges of current trading ranges, he maintains a bullish stance, expecting XRP to outperform other assets. However, outcomes depend on broader market conditions and regulatory developments in the SEC litigation.
Sistine Research's macro overlay remains pro-risk, with expectations for continued XRP outperformance supported by historical bullish patterns identified in their "Bitcoin Blueprint." At press time, XRP traded at $2.32.
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