XRP’s Bullish Structure: Analyst Predicts 3 New Targets, But Will It Survive the Trump-Musk Showdown?

Crypto analyst Klejdi has assured us that the XRP bullish structure remains intact despite the recent pullback. The analyst indicated that the pullback is part of the bigger picture, while highlighting three targets the altcoin could hit once it reverses to the upside. ๐Ÿ“ˆ๐Ÿš€

XRP Bullish Breakout Still On The Horizon, But With A Twist

In a TradingView post, Klejdi suggested that XRPโ€™s bullish breakout was still on the cards, although a pullback could come before the gains. This came as he noted that the altcoin had broken out of a larger bullish pattern, signaling the end of its accumulation phase. However, he added that short-term uncertainty could XRP lower with the marketโ€™s attention on the US-China trade deal and the Trump-Musk developments. ๐Ÿฟ๐Ÿ’ฅ

Klejdi predicted that the XRP price could drop to around $2.17 due to this market uncertainty. However, despite the short-term volatility, the crypto analyst remarked that the altcoinโ€™s broader bullish structure remains intact, indicating a strong upside potential in the coming days or weeks. ๐ŸŒŸ

He also revealed that $2.4, $2.6, and $2.8 were the targets that XRP could reach on this potential move to the upside. A rally to $2.8 could pave the way for a rally above the psychological $3 level. ๐ŸŽฏ๐Ÿ’ฐ

Crypto analyst CasiTrades also recently commented on the XRP price action and revealed what to expect. The analyst declared that the altcoin could break out of its consolidation structure by June 16, which is also the deadline for the SEC to submit a status report on its filing for an indicative ruling in the XRP lawsuit. She predicted that the altcoin could rally to as high as $13 if this marks the bottom. ๐Ÿ“ˆ๐Ÿ’ธ

However, XRP and the broader crypto market are facing a lot of uncertainty following Israelโ€™s strike against Iran. Iran has retaliated, further escalating tensions between the two countries. Similar attacks in the past have had a significant impact on the crypto market. ๐Ÿ’ฅ๐ŸŒ

XRP Could Still Drop To As Low As $1.55, But Don’t Panic Just Yet

In an X post, CasiTrades declared that the support levels at $2.01, $1.90, and even $1.55 are still very much in play as long as $2.25 holds as resistance for XRP. She claimed that the altcoin is also heading straight into the apex of this macro consolidation, with very little time left. The analyst added that this is likely a final support touch before a major breakout. ๐Ÿ“‰๐Ÿคž

This aligns with Klejdiโ€™s analysis that XRP could suffer a significant pullback before the massive gains. Crypto analyst CasiTrades also believes that deeper support levels are more likely to get tested before the breakout to the upside. ๐Ÿ“‰๐Ÿ”

At the time of writing, the XRP price is trading at around $2.09, down over 6% in the last 24 hours, according to data from CoinMarketCap. ๐Ÿ“‰๐Ÿ“Š

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2025-06-14 01:13