The XRP value (XRP) has managed to stay inexperienced previously 7 days regardless of the volatility launched by the struggle between Iran and Israel.
The token has managed to remain above its $2 psychological assist after briefly dropping beneath that stage in the course of the weekend.
This week, legal professional John Deaton, a widely known supporter of Ripple who lately misplaced his bid for the U.S. Senate towards Elizabeth Warren, commented that the blockchain firm ought to make the most of the optimistic surroundings by which cryptos are in to launch its preliminary public providing (IPO).
I do know @bgarlinghouse mentioned @Ripple is NOT in a rush to go public. They definitely don’t want to boost capital, which is usually, a major purpose to go public. However TIMING an IPO can be an enormous consideration. If @circle can hit a 62B-75B market cap then @Ripple, with practically 40B XRP,… https://t.co/MSFNMy6i8E
— John E Deaton (@JohnEDeaton1) June 23, 2025
Leveraging the success of Circle’s IPO, Deaton believes that the market may worth Ripple at as a lot as $100 billion.
“If @circle can hit a 62B-75B market cap then @Ripple, with practically 40B XRP, at present valued at $2 (ie $80B), may definitely hit a $100B market cap on this surroundings,” Deaton asserted in an X put up.
If Ripple does agree along with his view, this might assist a bullish XRP value prediction as it could contribute to elevating the general public’s consciousness concerning the challenge and will additional solidify Ripple’s bid to develop into the popular cross-border fee platforms for international enterprises.
XRP Worth Prediction: XRP Kinds Bullish Sample That Anticipates a Retest of Its Latest Highs
Trying on the 12-hour chart for XRP we are able to see that the token has shaped a bullish pennant sample because of the long-standing consolidation part that got here after its November 2024 rally.
Ripple’s authorized victories towards the U.S. Securities and Alternate Fee (SEC) and a change in management on the company propelled the worth of XRP close to its all-time excessive.
Pennant patterns like this favor the continuation of the uptrend that when pushed the token to these ranges. Therefore, if the worth breaks out above the $2.5 space, we may witness a retest of the $3.4 stage quickly.
Momentum indicators on this decrease time-frame have been enhancing because the Relative Energy Index (RSI) moved above 50, which means that the uptrend has been gaining power.
The $2 mark appears to be essentially the most related assist to look at. One other bounce above this space may present the mandatory liquidity for a rally towards a brand new ATH.
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The put up [LIVE] XRP Worth Prediction: John Deaton Says $100B Ripple Valuation Is Attainable – Right here’s What That Means for XRP appeared first on Cryptonews.