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XRP Prepares to "Fly" to 7 USD? Crypto King Claims the Real Rise Has Not Yet Started
According to market analyst Crypto King, the price structure of XRP is signaling a clear path towards the $7 mark. Despite two major breakouts in less than a year, this analyst believes that the bullish phase has not yet begun. Market data shows that XRP has continuously decreased from mid-2024 until it broke out in November. This move has led to a price increase of about 585%, one of the most significant bullish trends in recent years. The first two quarters of 2025 witnessed a slowdown in trading as prices stabilized over several months. However, the breakthrough in July pushed the price of XRP up by 70%, restoring a bullish sentiment in the market. Analysts Identify Breakthrough as an Important Indicator Crypto King's analysis emphasizes that both bullish phases began after XRP broke through long-term downtrend lines. This pattern suggests that the latest breakout may reflect previous gains, setting the stage for a larger volatility. Analysts have set a price target of $7, a significant increase from the current price. This forecast is reinforced by chart patterns indicating that prices could increase if buying pressure continues.
The ability of XRP to overcome two major bearish trends in less than a year is seen as a sign of market strength. Stable trading volume and investor interest may be the key to driving the price to the target. Market observers are keen to know whether the current uptrend will transition into the anticipated bullish phase. Broader market factors and investor sentiment will significantly impact the future of XRP. The recent performance of XRP has strengthened traders' hopes, as technical indicators suggest that XRP will head towards higher price levels. Despite having recorded strong growth, analysts believe that the most significant bullish phase is still ahead. $XRP {spot}(XRPUSDT)