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XRP at ‘make or break’, crypto analyst reveals new Christmas target
BBVABBVA(US:BBVA) Yahoo Finance·2025-09-10 17:35

Price Analysis - XRP is currently trading at $2.99 and has the potential to reach $5 by December 25, 2025, according to analyst Crypto Bitlord, who describes the current price as a "make or break" level [1] - XRP's market cap stands at $178.7 billion, with a trading volume that has decreased by nearly 25% to $4.67 billion in the past 24 hours [2] - XRP is fluctuating between the $2.90 to $3.00 range, identified as a critical support zone by traders [3] Technical Analysis - Analyst Ali Martinez noted a descending triangle pattern on the 12-hour chart for XRP, suggesting that if it breaks resistance, it could target $3.60 [3] - The recent momentum of XRP could continue in the short term if bullish sentiment remains strong [3] Company Developments - Ripple has announced a partnership with BBVA, one of Spain's largest banks, to incorporate Ripple Custody into its digital asset services [5] - This partnership will allow BBVA customers to access Bitcoin and Ether trading and custody services, utilizing Ripple's technology to comply with the EU's upcoming MiCA framework [6] - Ripple executives indicated that this deal reflects the growing demand for bank-grade crypto solutions in Europe, while BBVA emphasized its commitment to secure custody of tokenized assets [7] Regulatory Environment - There is increasing positivity surrounding Ripple due to its institutional relationships and recent regulatory clarity in Europe [4]