XRP Price Prediction: Will Ripple (XRP) Hit $150 After the SEC Meeting?

The XRP price traded sideways during the week, hovering around the $0.6 area. Despite slow price action in the last couple of days, XRP holders can be satisfied considering this area can now serve as a ground floor for potential future price increases.

The XRP price remained relatively stable during the week, trading sideways around the $0.6 mark. This price range has been holding up as a support zone following XRP’s price pump earlier this month.

Now, as the SEC closed-door meeting on July 25 approaches, all eyes are on the outcome of this meeting and its potential impact on XRP price movements.

After XRP price pumped from $0.4 to $0.6 this month already, many analysts are now anticipating a bold momentum after this meeting.

Crypto analysts with large followings have shared their XRP price predictions, ranging from a massive 41,400% run to more realistic gains over $1.

“JAVONMARKS,” who has 41,000 followers on Twitter, posted a viral XRP price prediction. The analyst believes that XRP is on the brink of a massive bullish breakout.

According to JAVONMARKS, with continued market strength, this breakout could lead to an over 41,400% run, potentially pushing XRP’s price to $150 or higher.

$XRP's literally looking to be right on the brink of a MASSIVE BULLISH BREAKOUT and has just recently tested one. With continued market strength, this can successfully happen and open up room, with a full Logarithmic Follow-Through for an over +41,400% run into $150+… pic.twitter.com/fbKW7Ez9wM

The analyst mentions a “Logarithmic Follow-Through,” which refers to a price movement pattern where the asset’s value increases exponentially over time, often visualized on a logarithmic scale chart. This type of growth suggests that each subsequent price increase becomes larger than the previous one in percentage terms.

Another analyst, Armando Pantoja, while slightly less shocking in his XRP price prediction, still foresees significant gains from current levels.

“$XRP is going to $8+ 250M #XRP accumulated since June. Breaking the $0.70-$0.75 resistance is the key to a massive rally that’s coming. The rich, elite and banks are confident….” said Pantoja.

Pantoja’s analysis suggests that breaking through the resistance level between $0.70 and $0.75 could trigger a substantial price increase. He also points to significant accumulation of XRP tokens since June, implying growing interest from investors.

A more realistic approach suggests that the XRP price could potentially reach over $1 if there is positive news from the SEC meeting later this week. On the flip side, the price might revisit the $0.4-$0.5 area if the news is not favorable.

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