XRP Poised For A $9 Breakout? Analyst Highlights Strong Signals

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,675,405,343,609	SHA-256d

Name

Symbol

Market

Market Cap ($)

Algorithm

Bitcoin

BTCUSD

Crypto

1,675,405,343,609

SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	560.00	0.67%	84,691.25	84,691.25	84,691.26

Price Change

Price Change %

Current Price

Bid Price

Offer

560.00

0.67%

84,691.25

84,691.26

High Price	Low Price	Open Price	Prev. Close	52 Week Range
84,809.72	84,141.47	84,213.37	84,131.26	49,050.01 - 109,356.00

High Price

Low Price

Open Price

Prev. Close

52 Week Range

84,809.72

84,141.47

84,213.37

84,131.26

49,050.01 - 109,356.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	02:52:06	0.000048	84,691.25	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

02:52:06

0.000048

84,691.25

USD

Price x Volume	Volume	Base Symbol	Related Pairs
48,673,790.10	575.98	BTC	BTCEUR	BTCGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

48,673,790.10

575.98

XRP Poised For A $9 Breakout? Analyst Highlights Strong Signals

10/01/2025 3:30pm

NEWSBTC

Although the cryptocurrency sector is notoriously unstable, several analysts see hopeful signs for XRP. The Great Mattsby, a seasoned market analyst, is one of those who predict a significant gain in XRP. His most recent analysis focuses on a good chart pattern that indicates a possible rise to $9. Related Reading: Bitcoin As The New S&P 500 Of Our Time? This CEO Thinks So XRP Stability In The Face Of Market Fluctuations The current state of XRP is of great interest to the cryptocurrency community. Regardless, despite the market’s recent troubles, the digital asset has remained relatively robust. The price of XRP is $2.31 as of January 10, 2025, down 0.43% from the previous day. The fact that it has been able to maintain its position above critical support levels is encouraging for investors, according to The Great Mattsby. $XRP is so damn bullish that its one of the last coins that hasnt even touched the daily Ichimoku cloud yet. I thought it was going to happen today but nope. This can only mean 1 thing. $XRP to $9 soon pic.twitter.com/3EWZUmGSXJ — The Great Mattsby (@matthughes13) January 8, 2025 It’s important to note that XRP has not dropped below the daily Ichimoku Cloud. According to this technical sign, which analysts often use to find levels of support and resistance, XRP’s momentum has not changed. Even though there are negative trends, it has stayed on the same path. This could mean that better times are coming. Optimism Incited By Bullish Chart Patterns The Great Mattsby claims that a bullish reversal pattern is emerging in the price charts of XRP, which he feels has the ability to propel the cryptocurrency to new highs. Traders and investors alike are frequently delighted by these patterns, which typically indicate a shift from downward to upward trends. Related Reading: Funding Rates Down: Is Bitcoin Heading For A $90K Correction? He believes that the XRP chart shows a strong foundation for a price breakout, with the potential to reach $9 in the medium to long term. Mattsby concedes that his optimism is backed by past positive performance and current market signals, despite the fact that this outlook may sound overly ambitious. XRP market cap currently at $6.8 billion. Chart: TradingView.com Potential Strength The future direction of XRP will likely hinge on factors such as regulatory clarity, partnerships, and market sentiment. While some may see uncertainty, analysts like Mattsby see potential strength. Markets for cryptocurrencies are quite erratic, hence unanticipated developments can ruin even the most accurate forecasts. This is why The Great Mattsby and other analysts caution even with XRP’s bright potential. Investors should examine both technical analysis and more general market research including fundamental updates and macroeconomic trends if they are to really grasp XRP’s potential. Featured image from Pixabay, chart from TradingView

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