XRP may be gearing up for a breakout, according to digital asset strategist Teo Mercer, who sees the $3–$4 range as a realistic short-term target.
With the token currently hovering around $2, analysts suggest this level could offer an attractive entry point ahead of potential upward momentum.
Mercer, known for his large following and frequent market commentary, believes improving regulatory conditions are helping shift sentiment in XRP’s favor. He noted that recent developments in U.S. crypto policy are removing long-standing uncertainties and creating a more stable environment for growth.
“XRP is waking up,” Mercer wrote on X, hinting that market conditions and institutional interest may soon converge. “Feels like something big is loading.”
Among the regulatory milestones boosting confidence are the Senate’s passage of the GENIUS Act — a framework for stablecoin oversight — and legislation clearly defining crypto as either commodities or securities. These moves have helped solidify jurisdiction between the SEC and CFTC, reducing the legal ambiguity that has long plagued XRP.
Additional bullish signals include new directives from the Federal Housing Finance Agency, which now allows digital assets to be considered in mortgage evaluations — a nod to growing institutional integration.
While Mercer’s forecast remains modest, others are calling for much steeper gains. Some, like analyst Dustin Layton, have floated extreme scenarios involving $50,000 profits from 1,000 XRP tokens — targets that would require an unlikely $3 trillion market cap. Most institutional investors remain grounded in more conservative models.
Still, momentum appears to be building. XRP has been consolidating near $2, and technical indicators suggest an accumulation phase may be nearing its end. If the token breaks key resistance levels, the $3–$4 target could soon come into play.
As legal clarity improves and sentiment turns more optimistic, XRP’s long-awaited breakout may finally be within reach.
Source: https://coindoo.com/xrp-could-climb-to-4-as-market-conditions-stabilize/