Can XRP Price Reach $9.90 as Analysts See Strong Technical Setup?

Ripple (XRP) news is abuzz with developments on multiple fronts, and the price trading near $3.00 over the past day.

Several analysts are watching its price action and have been presenting their XRP price analyses, prediction, and theories about where they see the coin heading in the future.

According to market experts Javon Marks and Ali Martinez, the coin’s chart patterns suggested a rally toward $9.90, supported by institutional initiatives such as a new U.S. spot ETF.

At the time of writing, XRP price saw a 0.14% decline in the last 24 hours. It lost 2.69% over the week but gained 4.81% during the past month. Analysts projected possible gains if technical conditions held.

XRP Price Prediction: Analysts Outlined Bullish Technical Signals

Marks compared the current XRP chart to historical periods of accumulation. He said large upward moves often followed extended phases of flat trading.

His analysis projected a 226% increase, pointing to a possible target near $9.90. He added that if momentum extended beyond that level, the token could approach $20.

Martinez supported the bullish case but focused on a different indicator. He said the XRP chart had shown a buy signal on the TD Sequential tool.

This technical indicator counted a sequence of candles and aimed to highlight points where a trend could reverse.

On the four-hour timeframe, Martinez said the indicator signaled that downward pressure had eased.

He said recent consolidation near $3.00 created conditions for buyers to regain control. At press time, technical indicators suggested an upward trend was forming.

Both analysts agreed that the strength of the rally depended on whether XRP could hold its current base. They said the next resistance levels would determine if the projected move could sustain.

Institutional Demand Supported the Outlook for XRP Price

Beyond technical signals, developments institutional activity added support to the bullish projections. During the week, Ripple (XRP) news saw the first U.S. spot XRP exchange-traded fund launched.

The product allowed investors to gain exposure to the token through regulated markets. In addition, new plans emerged for tokenized funds on the XRP Ledger.

These products enabled investors to hold fund shares as digital tokens. The design promised faster settlement times and higher liquidity compared with traditional systems.

Both developments suggested institutions were using XRP for more than payments. They showed how the token was also becoming a base layer for regulated investment products.

This type of adoption aligned with broader trends in on-chain finance.

In other XRP news, the CME Group announced plans to launch futures and options tied to XRP and Solana (SOL).

Not only did this development highlight growing derivatives activity around the token, but the move would provide new instruments for hedging and speculation.

Key Factors to Watch in the Next Phase

XRP price was $2.97 at the time of writing. Analysts said consolidation near this level was important for confirming the base. A decisive move higher could open the path toward the projected $9.90 target.

Technical conditions, such as the TD Sequential signal and historical accumulation patterns, suggested momentum favored buyers.

Market participants were watching whether trading volumes supported the move higher. Institutional flows could also shape the next stage.

The ETF launch, tokenized fund plans, and derivatives listings pointed to increasing adoption. If demand continued, analysts said these products could reinforce the technical case for a sustained rally.

The coming weeks would show whether the recent consolidation transitioned into a larger breakout.

Analysts remained focused on whether the XRP chart confirmed the bullish setups and whether institutional initiatives added enough support to extend the trend.