XRP Price Jumps Near $1.50 but Bigger Move Is Coming, Analyst Says

XRP is back in motion. The altcoin recorded a notable rise in price over the past 24 hours. The asset saw a nearly 6% daily increase and was trading at $1.45 at press time. XRP, however, managed to briefly push toward the $1.50 mark. According to data from CoinGecko, XRP traded around $1.48 late Wednesday, recovering from recent lows near $1.34. The latest rebound has revived debate around the XRP rally forecast.

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XRP Jump Today Strengthens Rally Forecast as Crypto Bill Drives Momentum

XRP’s jump today comes after months of steady losses. Since its all-time high of $3.65 in July 2025, XRP has dipped by 60%. This certainly tested investor confidence and erased much of last year’s gains. Analysts now see a prolonged decline as less of a sign of weakness and more as a reset phase.

Crypto analyst Caesar recently pointed out that XRP is on track to record its fifth straight red monthly candle. This is something that the market hasn’t seen since early 2016. The previous stretch of losses was followed by a notable rally that pushed XRP to $3.31 in January 2018.

This time, early technical signs are starting to turn. XRP’s rebound accelerated after breaking above $1.37. This is a level that traders have been watching closely. Trading volume climbed sharply, with reports suggesting that the activity more than doubled recent averages. Strong spot buying also suggested accumulation. Some analysts believe a sustained hold above the $1.40-$1.47 range could open the door to $1.60 and beyond sooner than later.

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Regulation is adding another layer to XRP’s potential jump. Ripple’s CEO, Brad Garlinghouse, recently said there is an 80% chance that the Digital Asset Market Clarity Act, widely referred to as a key crypto bill for XRP and other digital assets, could pass in the coming months.

The regulation is designed to clarify whether digital assets fall under SEC or CFTC oversight. This is something that institutional investors have long been waiting for. Even the possibility of clearer rules is improving the chance of an XRP rally. This is because traders often position ahead of major policy shifts.

But for now, the focus remains on whether XRP can hold its current support. After months of persistent selling, the latest XRP jump may be less about a short-term bounce and more about the early stages of a recovery. Analysts believe that the asset still has room to run.

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