Brett Hill: XRP will grow by 10,400% in the coming weeks

Brett Hill, a digital asset market analyst, expressed the opinion that the XRP $2.24 XRP 0.41% Market capitalization $128.33 billion VOL. 24 hours $1.22 billion token is on the verge of a significant breakthrough that could take it to new historical highs. The expert noted that based on the analysis of XRP price movements from March 2023 to 2025, the cryptocurrency can reach the price range of $ 50 to $ 60, which means it can grow by 10,400%.

The analyst drew attention to the weekly MACD (Moving Average Convergence Divergence) indicator, which is currently signaling a strong bullish momentum for XRP. Hill believes that if the support at $ 0.5403 is maintained, XRP could reach the target level of $ 50 to $ 60 in the coming weeks.

He also warned that investors should be attentive to the resistance level at $ 0.6836. A breakout of this level could trigger a powerful upward momentum that could further increase the price of XRP.

The crypto analyst’s forecast comes on the heels of Ripple’s recent victory in a court case against the US Securities and Exchange Commission (SEC). Analysts are expressing positive predictions about the future value of XRP, especially after Ripple was fined $ 125 million, which is significantly less than the SEC’s initial request of $ 2 billion.