{"id":2550,"date":"2025-06-09T16:27:03","date_gmt":"2025-06-09T16:27:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/can-xrp-price-realistically-hit-27-as-one-pundit-predicts\/"},"modified":"2025-06-09T16:27:04","modified_gmt":"2025-06-09T16:27:04","slug":"can-xrp-price-realistically-hit-27-as-one-pundit-predicts","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/can-xrp-price-realistically-hit-27-as-one-pundit-predicts\/","title":{"rendered":"Can XRP price realistically hit $27 as one pundit predicts?"},"content":{"rendered":"
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XRP price has remained below the psychological level of $3 since January, but one crypto pundit believes it could surge to $27 if the Securities and Exchange Commission approves spot ETFs.<\/p>\n

Ripple (XRP) was trading at $2.25 on Monday, June 9, up 9.35% from its monthly low and 40% above the year-to-date low.<\/p>\n

XRP has two key bullish catalysts that could push its price higher in the long term. First, the odds of the SEC approving a spot XRP ETF have jumped to 87% on Polymarket<\/a>. This spike is due to increased crypto support from the SEC under Paul Atkins.<\/p>\n

Approval of an XRP ETF would likely lead to substantial inflows. JPMorgan projects over $8 billion in the first year alone. However, there\u2019s a risk that the market has already priced in the approval, which may come by October.<\/p>\n

Second, Ripple Labs aims to become a dominant player in cross-border payments through partnerships with banks and other companies. CEO Brad Garlinghouse <\/strong>believes that the end of the SEC lawsuit <\/strong>will help it accelerate partnerships with American companies.\u00a0<\/p>\n

The challenge is that Circle has become a major competitor in this business through its Circle Payment Network. CPN connects banks and other companies, letting them send payments that settle in seconds.\u00a0<\/p>\n

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Crypto pundit sees XRP price hitting $27<\/h2>\n

One crypto pundit with over 84,000 followers on X believes XRP will rise from $2.26 to $27 following ETF approval. He cited a bullish pennant formation on the monthly chart and a technical framework called the \u201cguardian arch,\u201d which uses the 21-period EMA and 33-period SMA to project future price levels.<\/p>\n

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#XRP<\/a> \u2013 The Guardian Arch ($20-$27): Key Targets and Strategy<\/p>\n

By now, you should understand what I mean about targeting double digits. But please, I urge you, don\u2019t wait for just one target to sell. Always take profits rationally and set clear, specific targets. I can\u2019t stress\u2026 pic.twitter.com\/ORiSEszwic<\/a><\/p>\n

\u2014 EGRAG CRYPTO (@egragcrypto) June 9, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

At $27 per token and assuming constant supply, the market cap would swell to $1.9 trillion\u2014an unlikely outcome in the near term. By comparison, this would imply a $30 trillion Bitcoin market cap if the current BTC-XRP ratio held.<\/p>\n

XRP price short-term target<\/h2>\n
<\/source><\/p>\n<\/picture>
XRP price chart | Source: crypto.news<\/figcaption><\/figure>\n

The daily chart shows that XRP has pulled back from its year-to-date high of $3.40 to $2.2592. The token is consolidating near the 50-day and 100-day moving averages, while the Average True Range has dropped to its lowest point since Nov. 29, indicating declining volatility.<\/p>\n

The biggest technical risk for XRP is the formation of a descending triangle pattern, with key support at $1.9255. A break below that level could signal further downside, potentially taking the price below $1.00.<\/p>\n

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