XRP is poised for a potential surge to $80, according to veteran analyst CasiTrades, who cites both technical and regulatory catalysts. The cryptocurrency broke out of a six-year consolidation phase in late 2024, moving from $0.53 to a high of $2.7, confirming a shift into a "Wave 3" impulse phase. Despite a 50% correction to $1.35, the bullish structure remains intact.
The anticipated passage of the CLARITY Act in April 2026 is seen as a major catalyst, potentially driving institutional capital inflows. CasiTrades highlights a symmetrical triangle breakout and Fibonacci extensions as technical indicators supporting her forecast. While some analysts warn of further declines, CasiTrades' accurate prediction of the 2024 breakout lends credibility to her current outlook.
XRP Analyst Reaffirms $80 Target Amid Regulatory and Technical Catalysts
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