Ripple is set to launch RLUSD today, which is expected to potentially cause a surge in XRP price. Analysts believe that XRP is in the later stages of a cycle wave three and could reach new all-time highs. The current trading price is below $2.50, but if XRP continues to hold above the 2021 high, there is a good chance it could break through the all-time high. The recent price action suggests a bullish trend in the short-term, with a target around $2.90. However, if the price drops below certain levels, XRP could test lower support regions before potentially rallying again.



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