XRP Eyes $2.50 Rally as Crypto Exchanges Expand into MENA Sports Market

XRP Eyes $2.50 Rally as Crypto Exchanges Expand into MENA Sports Market

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Analysts predict a significant bullish turnaround for XRP, citing technical indicators like the Golden Pocket and Elliot Wave patterns that could propel its price towards $2.50. While the outlook is largely optimistic, cautionary notes regarding potential market pullbacks are also highlighted.

In a related development, the cryptocurrency exchange Toobit has forged a strategic partnership with LALIGA to expand its presence in the MENA region. This collaboration aims to leverage the area's high digital asset adoption and rapid sports growth, offering a $2 million rewards pool and fan engagement initiatives to connect the worlds of elite football and the digital economy.

XRP Price Analysis: Potential Rally to $2.50

XRP is showing signs of a potential bullish turnaround after recently hitting a Golden Pocket. Analysts say this Golden Pocket could trigger a strong relief bounce in the XRP price, potentially propelling it toward $2.50. At the same time, they predict that a price drop to new lows remains possible if the market does not unfold as expected. In an X post on Monday, crypto market analyst CasiTrades announced that XRP has hit a Golden Pocket, bringing attention to an upcoming W4 relief bounce that could fuel a rally to $2.5. Sharing a detailed Elliot Wave chart, she noted that XRP experienced an expected flush into the Golden Pocket around the 0.618 Fibonacci level near $1.93. At the same time, the cryptocurrency aligned well with the 1.618 Extension for Wave 3, which CasiTrades describes as a textbook move.

XRP Golden Pocket Signals Rally To $2.5

According to the analyst, this sets the stage for a full Wave 4 relief to begin. She pointed out that the first resistance to watch is the 0.382 Fibonacci Retracement level at $1.78, which also coincides with a previous support breakdown and could serve as a backtest of resistance. CasiTrades noted that XRP experienced a very shallow Wave 2, only retracing to the 0.382 Fibonacci level in the Elliott Wave chart structure. She explained that modest Wave 2 corrections often signal a deeper Wave 4 retracement, indicating the XRP price could experience a stronger pullback during the next corrective phase before potentially resuming its upward trend.

Based on this pattern, the analyst stated that Wave 4 could push XRP higher, potentially reaching the $1.93 level from its current price of around $1.60. She added that the cryptocurrency could climb further to $2.03, which corresponds to the macro 0.5 retracement level. CasiTrades emphasized that XRP would need to reclaim the $2.03 level and hold it as support before a sustained upward move could begin. This highlights $2.03 as a key turning point that could trigger XRP’s next breakout phase above $2.50.

The analyst further explained that holding $2.03 as support would eliminate the need for another corrective wave down toward $1.55 or lower. She added that maintaining this level could also prevent Wave 5 from failing.

What Happens If Support Fails

In her Elliott Wave analysis, CasiTrades admitted that “nothing is confirmed yet,” keeping her bullish outlook for XRP speculative. She noted that XRP’s recent drop to new lows created a Bullish Divergence, but the market could still revisit lows. CasiTrades said that XRP’s bullish scenario will only be confirmed once it breaks through the key resistance level. The accompanying chart highlights the potential downside of support failing, projecting a roughly 8% decline from $1.60 to $1.47.

Toobit and LALIGA Partner for MENA Region Expansion

The intersection of elite global sports and the digital asset economy has reached a new milestone. In a high-profile press event held on February 4, 2026, the cryptocurrency exchange Toobit and LALIGA (the official Football League of Spain) outlined their strategic roadmap for the MENA region. This partnership, operating under the rallying cry ‘Play on a bigger stage,‘ aims to harmonize the adrenaline of elite football with the sophisticated security of modern trading platforms in the 2025/2026 football season. The implications for the MENA market are significant, as regional sports interest is projected to grow at 8.7% annually, nearly triple the global average of 3.3%. Furthermore, with stablecoins accounting for over 52% of regional transaction activity, the appetite for digital assets in the region is undeniable.

By positioning itself as the Official Regional Partner of LALIGA in MENA, Toobit is tapping into a demographic that thrives on strategic vision and the ability to decide quickly. Recent data suggests that football fans are 78% more likely to engage with cryptocurrency than the general population. This synergy provides a robust foundation for Toobit to bridge the gap between cultural excitement and measurable results. As the partnership unfolds, the focus remains on connecting the passion of the fan with the ambition of the trader through localized education and secure market access.

Toobit and LALIGA ‘Play on a Bigger Stage’ With $2M Fan Initiative

To celebrate the regional alliance, Toobit has unveiled an expansive $2M rewards pool designed to reward community engagement and trading excellence. This initiative features the Super Match Carnival and the Elite Championship, offering a variety of incentives ranging from tiered bonuses to a staggering 150% cashback for active participants. The roadmap is not limited to digital rewards; it extends ‘beyond the pitch’ to provide fans with the tools needed to navigate the digital economy securely while engaging with their favorite clubs. The strategic vision shared by Toobit Co-Founder Kelly and LALIGA Managing Director Maite Ventura emphasizes a fan-centric approach. Key experiential rewards include: VIP Matchday Experiences, Memorabilia Giveaways, and Legend Activations.

By integrating these rewards, Toobit is creating a lasting, more organic, and interactive connection with the army of League fans. The partnership reflects a shared belief in the power of technology to enhance the fan experience, making the 2025/2026 season a transformative period for both the sports and crypto sectors in MENA.

Strategic Roadmap and Regional Growth Drive Toobit Expansion

The collaboration comes at a time when the MENA region, known for being a world leader in stablecoin utility, is undergoing rapid evolution. This trend aligns perfectly with Toobit’s brand identity as an exchange built for those who thrive on exploring new frontiers. The 2025/2026 season roadmap focuses on localized initiatives, ensuring that fans are not just spectators but active participants in the digital economy. Success in both trading and professional sports requires a deep understanding of the environment, whether it’s a player reading the pitch or a trader analyzing market trends. Toobit’s commitment to providing a fair, secure, and transparent experience is mirrored in LALIGA’s drive for excellence. As the largest football ecosystem globally, LALIGA brings a network of 268M followers and a presence in 35 countries, providing Toobit with an unparalleled platform to showcase its cutting-edge technology and deep liquidity.