Anatomy of a 600% Call: Analyst Explains Why XRP’s $15 Target Stands

• Analysts see bullish XRP technicals: multi-year breakout targets up to $15
• Regulatory wins (SEC case dismissed, SAB 122 repeal) boost XRP’s US outlook
• Potential US XRP ETF approval cited as major catalyst for institutional funds

Renewed optimism surrounds XRP, largely fueled by recent technical breakouts and supportive regulatory developments that have analysts projecting significant potential gains, possibly reaching as high as $15 per token. 

XRP has shown strong upward momentum, decisively breaking through key long-term resistance levels, while positive chart patterns appear to be forming. This technical picture, combined with favorable regulatory shifts and signs of growing institutional interest, contributes to the increasingly bullish sentiment.

Technical Analysis: Multi-Year Resistance Break Signals Upside?

Market analyst “CryptoELlTES” highlights that XRP recently pushed above its long-term resistance zone near $1.95–$2.10. This price area had notably capped major rallies in both 2018 and 2021. Its apparent conversion into a new support zone is considered a significant development by chart analysts. 

CryptoELlTES suggests this breakout migh…

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