 
 
XRP traded relatively flat last week despite a slight uptick since Wednesday. Notably, for the past eight days, the third-largest cryptocurrency has largely moved sideways, with bullish attempts to break past the $3 mark failing amidst a broader stall in the crypto market.
However, analysts remain optimistic, with many forecasting XRP to surpass $10 this cycle. In a tweet on Thursday, popular crypto analyst Egrag Crypto suggested that XRP might reach double digits or even triple digits.
Based on his technical analysis, he sees XRP forming a cup pattern within an arc, signaling a potential breakout. His immediate target for the coin is around $13, while his long-term forecast ranges from $32 to $48. Egrag Crypto also highlighted the possibility of XRP reaching as high as $60 to $110, depending on market conditions.
Elsewhere, analyst Ali Martinez also expressed confidence in XRP’s price trajectory. Martinez pointed out that if XRP’s price movement aligns with a symmetrical triangle formation, it has already broken out and could be targeting $15 in the near term.
Meanwhile, Andrei Jikh, a YouTuber and crypto analyst with over 2 million followers, discussed the possibility of XRP reaching $100. To back his claim, Jikh examined factors such as Ripple’s integration into Swift, the potential for XRP exchange-traded funds (ETFs), and increasing institutional adoption.
 
Jikh also highlighted key adoption trends, including reports that 80% of Japanese banks could integrate XRP for global payments by 2025. He also noted the significance of XRP’s ISO 20022 compliance, a global messaging standard for financial institutions. According to him, this regulatory alignment could position XRP as a leading digital asset for cross-border transactions, particularly if it gains traction among banks and financial institutions.
Moreover, he emphasized the impact of a potential XRP ETF approval, drawing parallels to Bitcoin’s price surge following the approval of spot BTC ETFs. If institutional investors gain exposure to XRP via ETFs, it could drive massive inflows and strengthen the asset’s market position, boosting XRP’s price.
“For XRP to reach $100, XRP’s market cap would have to be about $5.7 trillion that’s actually pretty doable that’s triple bitcoin’s current market cap.” He stated. “But it would take massive adoption, especially by financial institutions and countries, and if all the things I talked about in this video turn out to be more or less realities, then yes, it’s possible.”
At press time, XRP was trading at 2.80, reflecting a 0.06% surge in the past 24 hours.
Source: https://zycrypto.com/xrps-100-dream-alive-as-analysts-point-to-massive-bank-adoption-etf-catalyst-and-swift-replacement/