Cobb (@Cobb_XRPL), a well-known XRP investor and analyst, recently shared a technical breakdown of XRP’s multi-year chart, arguing that the digital asset is positioned for a major upward move. Cobb points to the asset’s remarkable performance over the past few months as an indicator that it has completed a strong foundation for a new rally. He stated that XRP didn’t climb this high to fall back to $0.6, and he expects big things for the asset this year, predicting a rise to $11.34 by the end of the year. According to him, if the price were going to collapse, it would have already done so in reaction to recent market concerns. Concerns over tariff policies caused a market decline in early February , but XRP has shown resilience, staying above the $2 level. XRP didn't come all this way, build a perfect previous high back test 27 week consolidation structure just to go back down to $0.60, would have happened by now with tariff fud if that was the case. Regulations are finally here, FDIC + many other regulators giving the green light… pic.twitter.com/1e2erLNzn4 — Cobb (@Cobb_XRPL) May 12, 2025 Regulatory Clarity and Institutional Participation Accelerate A key part of Cobb’s optimism lies in the evolving regulatory environment. Recent actions by U.S. regulators, including the FDIC and other federal bodies, appear to align with crypto integration within the traditional financial system. The FDIC recently rescinded a rule requiring approval for banks to engage in crypto-related activities. Under the new guidelines , banks can engage with the crypto space if they manage the risks appropriately. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Cobb also noted that the U.S. is led by a pro-crypto administration for the first time, referencing Donald Trump’s comments where he reportedly mentioned XRP. This shift in political tone adds another layer to the long-term bullish narrative. Ripple’s Recent Moves for Ecosystem Expansion Ripple’s ongoing ecosystem expansion also supports Cobb’s case. Ripple has recently advanced efforts surrounding its stablecoin RLUSD and has positioned itself to benefit from the anticipated growth of on-chain automated market makers (AMMs) and tokenized asset markets. Cobb also drew attention to the rapid increase in XRP’s Total Value Locked (TVL) and the popularity of memes in the community, which shows engagement and excitement for the asset’s future. Cobb further mentioned Ripple’s bullish acquisitions, potentially referencing the company’s recent acquisition of Hidden Road , and calling on Circle, the issuer of the USDC stablecoin, to accept Ripple’s new offer . XRP’s Next Steps Having held XRP since 2017, Cobb’s confidence is grounded in years of market experience. “It genuinely seems like all the puzzle pieces are coming together for the perfect explosion,” he wrote, suggesting a big move for the asset. Cobb described his $11.34 target as conservative and acknowledged the potential for much higher valuations. He said, “XRP didn’t come all the way here just to go sideways.” Follow us on X , Facebook , Telegram , and Google News The post Analyst Says XRP Didn’t Come All This Way to Go Sideways. Here’s His Target appeared first on Times Tabloid .
