Analysts Eye Possible XRP Move Toward 12 Dollars

While the crypto market focuses its attention on bitcoin and ETFs, XRP quietly begins to attract technical analysts again. For several months, Ripple’s token has been evolving in a historical support zone already observed before its previous rallies. This setup now fuels a bold scenario: a potential surge towards 12 dollars. In a climate dominated by doubt and skepticism, some traders believe the market might be underestimating XRP.

XRP retains a key support closely monitored by analysts

While a rare signal could propel its price, XRP has been evolving for several months above a zone considered a historical support. This stability attracts the attention of several market observers, who see in it a setup similar to those noted before the token’s previous rallies.

Analyst MikybullCrypto estimates that “XRP could reach 12 dollars”, based on long-term graphic structures. The scenario presented relies on a prolonged phase of price compression, followed by a potentially brutal expansion movement.

Several technical elements currently support this bullish reading :

• XRP has maintained its support zone for several months ;
• Analysts observe a structure comparable to previous bullish cycles ;
• The market is going through a phase of doubt and low enthusiasm for the token ;
• Some traders consider this consolidation as an accumulation period ;
• The 12 dollar target is based on a long-term technical projection.

This consolidation occurs while XRP still struggles to regain retail investors’ enthusiasm. Previous XRP cycles had already shown long accumulation periods before rapid price accelerations. This reading remains conditioned on maintaining current technical levels, as a break of support could invalidate the bullish scenario advanced by analysts.

Pessimism around Ripple’s crypto fuels the bullish thesis

Beyond the graphic analysis, it is important to emphasize the psychological climate currently surrounding XRP. The market is marked by a return of skepticism and doubt around Ripple’s token.

For some analysts, this rise in pessimism could actually strengthen the likelihood of a bullish reversal. Previous explosive XRP moves often occurred during phases when the dominant sentiment was negative. Thus, the logic defended is based on a classic market mechanism: when most investors abandon an asset, an unexpected recovery can surprise short positions and restart momentum.

This approach contrasts with the current crypto market mood, where attention remains largely focused on bitcoin and ETF. XRP operates in an environment where expectations remain limited, which precisely fuels the interest of some traders specialized in cycle reversals. Several observers now monitor the token’s ability to maintain its consolidation structure over the coming weeks to confirm or reject this bullish hypothesis.

The prospect of XRP at 12 dollars remains a speculative scenario today, depending primarily on the strength of current supports and the market sentiment evolution. However, this setup places Ripple’s token back at the center of technical discussions after several months of relative quiet. The coming weeks could now determine whether this stagnation phase truly prepares a new bullish cycle or if the market will continue to exclude XRP from the sector’s most sought-after assets.