XRP is back in the news again as a well-known crypto expert forecasts the price to hit up to $16. Popular crypto analyst Steph Is Crypto has posted a chart where XRP is creating a bullish triangle pattern on the annual timeline. XRP price already broke out of a comparable triangle in February 2025, which drove its price from about $0.50 to above $2.20.
Now, a second triangle is forming, and the analyst believes this could be the start of XRP’s final wave of this bull market, pushing the price up toward $16. Adding fuel to the momentum, the long-running lawsuit between Ripple and the SEC saw new developments recently. Judge Analisa Torres rejected a joint proposal from Ripple and the SEC to modify an earlier judgment.
Ripple is making bold moves to become a key player in traditional finance. The company recently applied for a national banking license with U.S. regulators. If approved, Ripple could offer bank-like services and expand its stablecoin RLUSD under full federal oversight.
XRP price is currently trading at $2.22, up slightly by 0.18% over the past day. With a market cap of $131.33 billion. Despite strong recent gains, XRP is still down 42.14% from its all-time high of $3.84 set on January 4, 2018, over eight years ago.
Also Read: XRP Price Eyes $3.20 as Futures OI Nears $5B with 30% Surge
