XRP Price Prediction: Super Bullish Patterns Forming on XRP Charts Is This the Next Step to a $10 Ripple?
XRP is currently trading around $2.76, down 18% from its January peak. A "cup and handle" pattern, a bullish indicator, has been observed in XRP's price charts, suggesting a potential rise towards its all-time high of $3.35. However, a further price dip is possible before such a rise. Potential catalysts for XRP growth include a possible XRP exchange-traded fund (ETF) and ongoing discussions between Ripple and the US government regarding regulation. Some analysts predict XRP could reach $10. Separately, PlutoChain, a hybrid Layer-2 platform, aims to improve Bitcoin's functionality by increasing transaction speed, reducing fees, and enhancing interoperability with other blockchain applications. PlutoChain has undergone security audits and stress testing. It aims to process blocks in two seconds, compared to Bitcoin's 10 minutes. PlutoChain also aims to give its community decision-making power over protocol upgrades.