The post How XRP Could Surge to $10 Alongside Bitcoin’s Rally appeared on BitcoinEthereumNews.com.

XRP has been undergoing a prolonged period of consolidation since early December, where its price has consistently traded within a tight range of approximately $2.00 to $2.60. While there have been occasional spikes—briefly pushing XRP as high as $3.35—the token has largely been unable to sustain movement above the $2.60 resistance zone, having been rejected at that level over 20 times. This sideways movement reflects a broader lack of momentum across the market, attributed in part to the significant exit of retail investors late last year. These investors reportedly pulled hundreds of billions of dollars out of crypto, much of which has since remained parked in stablecoins. The high stablecoin reserves on major exchanges suggest that this capital is on standby, waiting for a clear signal to reenter the market. As it stands, XRP is not experiencing a breakdown but is instead caught in a holding pattern, one that could extend through the summer months. Historically, summer has been a quiet period for crypto markets, and with retail money still hesitant to return, a major rally appears unlikely in the immediate term. External macroeconomic factors—such as potential tariff changes and ongoing legislative developments around crypto regulation—could either inject new energy into the market or prolong this period of stagnation. In particular, bills related to stablecoins or broader crypto adoption may serve as catalysts for renewed interest in XRP, especially if the token is included in any strategic reserve initiatives or regulatory frameworks. Source – Austin Hilton on YouTube XRP Price Prediction XRP is currently consolidating around the $2.29 level after a mild retracement, holding above key support zones at $2.24 and $2.22, which were repeatedly tested during the recent downturn. Despite briefly dipping to $2.26, buyers stepped in, confirming this area as a short-term floor. However, the price remains capped…

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Filed under: News - @ May 27, 2025 6:23 am