NewsBTC

16 March 2025

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XRP Price Forecast Predicts Potential Rise to $15 Amid Market Volatility

Ripple's XRP has rebounded from a low of less than $2 on March 11 and is currently trading between $2.30 and $2.40. The ongoing legal case with the US SEC may lead to increased price volatility.

• Market analyst Ali Martinez predicts XRP could reach a two-digit price this cycle, citing a symmetrical triangle formation.
• XRP has experienced a decline of approximately 25% from its mid-January high of $3.40.
• The token's market performance remains volatile, with attempts to recover meeting resistance.
• Martinez highlights a seven-year symmetrical triangle pattern dating back to January 2018.
• XRP surged 280% in November following the US elections, marking a significant increase.
• XRP is currently retesting a breakout from the triangle structure, with potential for further movement above $1.
• XRP is trading at $2.37, up 2% over the past week.

Price fluctuations and government regulatory factors continue to shape discussions around XRP's future.