THE LATEST CRYPTO NEWS

Crypto analyst CasiTrades has predicted that the XRP price could record a 30% rally to $2.8. She further revealed what the altcoin needs to do first to gain momentum to reach this level, which could pave the way to new highs.  XRP Price Eyes Rally To $2.8 With This Classic Confirmation In an X post, CasiTrades shared an accompanying chart that showed that the XRP price could soon rally to as high as $2.8. The analyst indicated that the $2.25 support zone will decide the altcoin’s next move. She said that she is looking for that classic confirmation, whereby XRP breaks $2.25 and then comes back to test it as support.  Related Reading: XRP Price: Here’s What Has Been Driving The Calls For 1,000% CasiTrades remarked that the flip of $2.25 as support could be fast, signaling that the market is ready for continuation. She predicts that the flip of $2.25 could open the door to $2.69. The analyst added that it is possible that the XRP price trends closer towards $2.69. This could be near $2.45, with a final exhausted high at the resistance fib. Based on her accompanying chart, a rally to $2.8 could also be in play.  Commenting on the current XRP price action, the analyst stated that the XRP price continues to respect the 0.382 retracement, which she claimed is the exact apex of the consolidation. She further remarked that every reaction at this current level reinforces how significant the range is. CasiTrades added that the test and bounce off the top of the upper trendline indicates that the market is gearing up for another run at the $2.25 resistance.  She also said that the Relative Strength Index (RSI) will be crucial at each of these resistance prices to monitor exhaustion or strength. However, the analyst is confident that the bullish structure is still valid for the XRP price. The altcoin simply needs to hold the 0.382 retracement level, flip $2.25, and then it can rally to the upside. Short-Term Targets For The Altcoin In an X post, crypto analyst Egrag Crypto outlined the short-term targets for the XRP price. He stated that a close above $2.35 would be bullish for the altcoin. Meanwhile, a close above $2.42 would be super bullish for XRP. A close above these targets would also be significant as it would mean that the altcoin has flipped the $2.25 resistance, which CasiTrades highlighted.  Related Reading: Analyst Reveals Rational Behind XRP Price Reaching $9.5 And $37.5 In the long term, the crypto analyst is confident that the XRP price can reach double digits. He recently predicted that the altcoin could reach between $9.5 and $37.5 in this market cycle. He alluded to historical cycles as the reason XRP could reach these targets.  At the time of writing, the XRP price is trading at around $2.24, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

An AI startup founder and vocal XRP supporter on the social media platform X has offered his long-awaited price prediction for the cryptocurrency. XRP’s price action in recent days has been highlighted by a quick surge to $2.30 on June 30, in what looks like the bulls trying to close the month of June above $2.20. That momentum, however, was short-lived, as the cryptocurrency has slipped back below this level in the most recent two days. Although momentum has not yet returned in full, bullish predictions are still active, and this latest prediction adds another confident voice to the growing chorus of those expecting a significant breakout. XRP Price As High As $20 To $30 Taking to the social media platform, Vincent Van Code, an AI startup founder, offered his personal price outlook for XRP. He explained that while he rarely comments on specific targets, he believes the asset has the potential to reach between $30 and $50.  Related Reading: Analyst Reveals Rational Behind XRP Price Reaching $9.5 And $37.5 However, it is important to note that this reasoning is not rooted in technical analysis, but rather in belief and long-term conviction based on XRP’s current price trajectory. Furthermore, he noted that his investment in XRP is shaped by this personal view of a $20 to $30 price target and admitted he cannot predict the timing of such a rally. The details of how the journey plays out to this price target are far less important than the eventual outcome.  It is clear that the ultra-bullish price prediction is not intended to persuade or convince others. However, it shows the confidence some traders have in XRP’s future price. It also resonates with many predictions from other crypto participants regarding XRP, both in terms of technical and fundamental analysis. Familiar Price Predictions Within The Altcoin’s Circle This prediction aligns with a broader sense of optimism often found among XRP supporters. Although some critics continue to argue that price targets of $30 or more are unrealistic, especially due to its huge circulating supply,  many in the XRP community continue to see such price targets as attainable.  Related Reading: Deaton Says Ripple IPO Could Trigger $100B Valuation, How High Will The XRP Price Be? The beliefs of extravagant XRP price targets are often based on its fundamentals, mostly on expectations of widespread adoption in cross-border payments and institutional adoption of the cryptocurrency. In fact, one analyst pointed to this as the reason why the XRP price will surge above $1,000, stabilize at this level, and eventually become very expensive.  Technical analysis from crypto analyst JackTheRippler pointed to an incoming price target above $30 for XRP. In a similar vein, a recent technical analysis by popular crypto analyst EGRAG CRYPTO shows that the altcoin is on track to climb above $9.5 and reach as high as $37.5. XRP rallied to as high as $2.30 on June 30, and then reversed to an intraday low of $2.15 in the past 24 hours. At the time of writing, XRP is trading at $2.19.  Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Egrag Crypto has provided a detailed breakdown of how the XRP price could reach between $9.5 and $37.5. He alluded to previous cycles as the rationale behind why the altcoin could reach such ambitious targets in this market cycle.  Rationale Behind XRP Price Rally To $9.5 And $37.5 In an X post, Egrag Crypto stated that historical cycles show that the XRP price always rises above the Exponential Moving Average (EMA) and then retests it. He added that the final move from that retest point to the cycle’s top creates the blowoff peak. In Cycle 1, XRP recorded around a 2,000% gain while the altcoin surged 455% from the retest point in Cycle 2.  Related Reading: Analyst Puts XRP Cycle High At $20-$30, Here’s Why Egrag Crypto then applied these percentages to the current cycle to show why the XRP price could reach $9.5 and $37.5. He noted that after the initial surge and retest in April 2025, the EMA will likely rise with the price, setting the stage for the next big move. Based on these historical blowoff phases, the analyst said that XRP could record another 2,000% increase and reach $37.5. On the other hand, the XRP price could mirror the second cycle and record a more conservative 455% rise, which puts the altcoin at $9.5. Egrag Crypto’s accompanying chart showed that XRP could reach either of these targets by September 1 later this year. Meanwhile, the analyst advised market participants to choose their targets wisely. He also told them to set their exit plans, avoid getting caught up in hype, stick to their strategy, and get prepared.  Breakout In Progress For XRP In an X post, crypto analyst CasiTrades stated that the $2.25 level is loading for the XRP price following its reclaim of the $2.07 level. Based on this price action, she remarked that a breakout was in progress. This $2.25 also represents the macro .382, a key level which the analyst has been alluding to for months.  Related Reading: XRP Price Completes Bearish Retest As Macro Signals Point To $2.65 CasiTrades declared that momentum is building for the XRP price and that Ripple’s decision to drop its cross-appeal against the SEC is further fueling this momentum. From the current level, she stated that she is watching two key scenarios in the short term. First, the altcoin could move into $2.30, then pull back to test $2.25 as support. The analyst remarked that this would be “ideal and healthy.” For the second scenario, CasiTrades predicts that the XRP price could push harder through to $2.45, which is closer to the $2.69 resistance. Then, the altcoin would witness a slight pullback before touching the $2.69 level with resistance. For this scenario, she believes that a retest of $2.25 later would be expected.  At the time of writing, the XRP price is trading at around $2.19, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

The XRP price is currently trading well below $3; however, a crypto expert believes that in less than two years, this popular altcoin could enter the double-digit territory, marking a historic moment in crypto. The analyst has forecasted a potential surge to $27, pointing to a re-emerging pattern from 2017. With over six months left before 2026 begins, the expert has outlined a clear roadmap of how XRP could reach this bullish target if it completely mirrors the historic fractal.  XRP Price Prediction For 2026 A new technical analysis by X (formerly Twitter) market expert Egrag Crypto suggests that XRP has yet to see its biggest breakout. The trajectory of the analyst’s chart mirrors the same technical path that XRP followed before hitting its 2018 peak and current all-time high of $3.84.  Related Reading: XRP To End 7-Month Consolidation After 700% Surge – Is A Major Move Coming? Egrag Crypto highlights that XRP is on the verge of an explosive rally that may extend into 2026, with current market behavior echoing the conditions and buildup that preceded its 2017 breakout. Notably, the analyst’s price chart shows that the XRP monthly candle structure went through six candles of consolidation before it launched into a parabolic rise in late 2017. Now, the cryptocurrency has consolidated for seven monthly candles, highlighted by the green triangle in the chart.  If the eight completes, the analyst expects a dramatic “KABOOM phase” to follow—one that could propel XRP to price levels not seen before. The bullish projections point to a possible blow-off top somewhere between $22 and $27, aligning with the highest blue arc on the chart. Currently, XRP is trading at $2.15, meaning a surge to $27 would represent a whopping 1,156% in less than two years.  With July 2025 highlighted as the potential trigger month, Egrag Crypto believes that the breakout could extend its momentum toward the end of 2025 and peak in 2026. The formation, known as the RGB Arcs, presents a visual roadmap of this projected bullish path—reinforcing the possibility that XRP is preparing to repeat history—only bigger. XRP To Reach $4 Before $27 Target In his analysis, Egrag Crypto’s chart spanned from 2013 through 2017, connecting XRP’s peaks to a series of colored parabolic curves. The red arcs in the chart represented the macro support line, while the green arc marked historical resistance levels—reached in 2018, and now projected for 2025-2026.  Related Reading: XRP Price Enters Perfect Setup After Buy Retest – Next Stop $3.7 Notably, the analyst predicts that XRP’s first breakout zone lies between $4 and $5. Once this target is hit, the cryptocurrency is expected to move into the upper green and blue arcs, positioning it for a stronger surge toward the forecasted $27 peak.  Egrag Crypto has described this initial target as a measured move, where the final outcome is solely based on historical price patterns rather than pure speculation. He urges the broader XRP community to remain strong and patient until the cryptocurrency progresses toward these levels.  Featured image from Shutterstock, chart from Tradingview.com

After months of sideways movement, XRP may finally be gearing up for a significant breakout. According to analysts, the popular altcoin saw a dramatic 700% surge earlier last year. Now, its price is positioned to exit a seven-month consolidation phase, which could set it up for its next bullish move.  XRP Gets Ready For Major Bullish Move A recently published technical chart by market expert ‘Crypto Michael’ on X (formerly Twitter) reveals that XRP has been consolidating for seven months following a staggering 700% price rally, which was triggered by a breakout from a multi-year Symmetrical Triangle pattern. The chart, based on a 3-month candlestick, shows that XRP had been in a major price compression within the triangle pattern for seven years.  Related Reading: XRP Price Still On Track For $1.5T Market Cap And 27% Crypto Market Dominance True to form, XRP finally broke above the upper trendline of the pennant in late 2024, igniting one of its most powerful quarterly rallies to date. This breakout led to a price surge of about 700%, pushing the cryptocurrency from around $0.6 to over $2.  Since the dramatic breakout, XRP has entered a stabilization phase, trading sideways in what appears to be a healthy consolidation range. The chart highlights this consolidation area with a white circle, indicating a well-defined post-breakout phase. Notably, XRP’s $2.15 price at the time of the analysis is above prior resistance levels, suggesting that the cryptocurrency is maintaining strength while waiting for its next bullish catalyst.  Crypto Michael points out that XRP’s consolidation is ending just as Bitcoin, the world’s largest cryptocurrency, approaches a critical juncture: the “8-year line.” This correlation suggests that a broader shift in market sentiment may be underway.  Historically, leading altcoins like XRP have followed Bitcoin’s lead during broader market rallies. If BTC successfully breaks through this long-standing line, Crypto Michael believes it could serve as a macro trigger that ignites a fresh bullish move for XRP. Analyst Says The Altcoin Is Set To Explode Against BTC A fresh analysis by Egrag Crypto, a crypto analyst on X, suggests that the XRP/BTC pair could be on the edge of a major breakout. The pair has followed a consistent cycle for over a decade, with lows in 2015, 2017, 2020, and 2024—each succeeded by strong rallies. These lows align with a rising trendline, signaling possible long-term strength.  Related Reading: XRP Bullish Structure Remains Bullish: Analyst Releases 3 New Targets Now, XRP/BTC is approaching a key resistance level that has blocked past rallies since 2015. This time, however, Egrag Crypto suggests that the setup looks different and slightly more favorable for a breakout. If the pair breaks above this multi-year ceiling, it could mark a major turning point, effectively leading XRP into an explosive bullish phase. The analyst’s chart outlines two potential paths: a green breakout zone if XRP pushes higher and a red rejection zone if it fails to break this key resistance again. Featured image from Getty Images, chart from Tradingview.com

The XRP price is back in the spotlight as fresh projections place the digital asset on a steady path toward a $1.5 trillion Market Capitalization and a 27% crypto market dominance. Notably, analysts remain broadly optimistic about XRP’s long-term outlook, pointing to historical trends, current price movements, and key resistance levels as strong indicators backing this bold prediction.  XRP Price Eyes $1.5 Trillion Market Cap And 27% Dominance Despite still experiencing strong consolidation, the XRP price is reportedly on track to capture 27% of the total crypto market dominance and reach a $1.5 trillion market cap. This projection by a prominent market analyst, Egrag Crypto on X (formerly Twitter), has sparked discussions within the XRP community, drawing mixed reactions over the possibility of this ambitious forecast.  Related Reading: XRP Price Forms Flag Pattern Above Accumulation Zone That Points To $5 Target At the heart of this analysis is the notion that the total crypto market cap could eventually expand to a $5.5 trillion valuation, possibly driven by skyrocketing institutional adoption, broader retail participation, regularity clarity, and more. Under such a scenario where XRP is also forecasted to command a 27% market share, its total market cap would equate to roughly $1.485, bringing its projected price close to a historical all-time high of $27.  Supporting Egrag Crypto’s optimistic outlook is a historical analysis of XRP dominance levels, particularly focusing on the 0.5 Fibonacci Retracement level around the 5.75% mark. The analyst shared a detailed price chart, identifying this key level as a long-standing resistance zone where XRP dominance has been consistently rejected, first in October 2019, then in November 2020, and again in January and March 2025.  According to the analyst, repeated testing of this key resistance is likely to trigger a breakout reaction once it is breached. He offered a unique analogy, describing the resistance testing as “knocking on the door—the more you knock, the higher the chances it opens.” Having already knocked on this resistance level four times in the past, XRP is now approaching its fifth attempt. The analyst believes that this could be the moment the “door” opens, signaling a potential breakout that could lead to a rise to the projected $1.5 trillion market cap and 27% dominance.  Notably, the XRP market cap currently stands at $2.77 billion, meaning it would need to surge by over 54,000% to reach the ambitious $1.5 trillion valuation. In addition, XRP’s present market dominance is around 3.93%—a far cry from the projected 27% market share. This highlights the scale of the growth required, both in value and influence, for XRP to meet the analyst’s forecasted milestones.  Bull Flag Set-Up Support Analyst’s Bold Predictions  Adding strength to Egrag Crypto’s optimistic market cap and dominance forecast is the emergence of a Bull Flag formation on the macro XRP chart, which historically signals continuation to the upside following a consolidation period.  Related Reading: XRP Price To New All-Time Highs Above $4 – Analyst Reveals When To Take Profit The “KABOOM” zone labeled on the analyst’s XRP chart also signifies the critical breakout resistance threshold XRP must overcome. A successful breakout here could lead the price into a low resistance area marked as the “VOID,” potentially paving the way for rapid gains and a rise to the 27% market dominance. Featured image from Getty Images, chart from Tradingview.com

“Men lie, women lie, but charts and numbers do not lie,” EGRAG CRYPTO stated in a recent post on X, as he highlighted the importance of the Fib 0.5 level in XRP Dominance. According to him, this level has historically served as a major resistance zone. It acted as a key barrier in October 2019 and November 2020, both instances marking the onset of bear markets. In the current cycle, the Fib 0.5 level has once again proven significant, as it has rejected price advances in January and March 2025. The Knocking On The Door Analogy For XRP To drive his point home, EGRAG CRYPTO introduced what he called the “Knocking on the Door” analogy, a simple yet powerful metaphor to explain how resistance levels work in technical analysis. He stated that resistance is like a door; each time it is tested or “knocked on,” the likelihood of it eventually opening increases. Related Reading: XRP Price Enters Perfect Setup After Buy Retest – Next Stop $3.7 EGRAG pointed out that XRP Dominance has now tested this macro resistance level four separate times. These repeated tests are not just coincidences; they indicate building pressure at that level. Traders and analysts often interpret such repeated encounters as signs that the asset is preparing for a significant move, as momentum continues to build with each attempt to break through resistance. Looking ahead, EGRAG suggested that the fifth “knock” on this resistance level might be the one that finally breaks it. If this happens, XRP Dominance could form a bullish Bull Flag pattern, a technical formation that often precedes upward moves. According to EGRAG, this breakout could propel XRP Dominance to around 27%, marking a major shift in its market strength and possibly setting the stage for a broader bullish trend. Market Cap Projection & Future Potential The analyst unveiled a compelling projection that has stirred excitement within the XRP community: if XRP reaches a price of $27 with a 27% market dominance, this could push the total market capitalization to $5.5 trillion. This bold forecast reflects not only the possible future strength of XRP but also envisions a significant expansion of the broader crypto market. Related Reading: XRP Price Takes a Breather—Consolidation Phase or Bullish Setup? He further explained that with a $5.5 trillion total market cap, XRP claiming 27% of that share would result in a market capitalization of approximately $1.485 trillion. Such a figure would further solidify its status as a key player in the blockchain space. He maintained that XRP could still reach $27 while maintaining 27% market dominance, especially if the overall market experiences a strong bullish cycle. In his view, $1.485 trillion is not just a dream but a viable target that highlights XRP’s massive growth potential. Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Babenski has declared that the XRP price is breaking for a breakout. The analyst highlighted a bullish pattern that was forming, which could spark a rally to a new all-time high (ATH).  XRP Price Forms Flag Pattern Which Points To $5 In a TradingView post, Babenski revealed that the XRP price is forming a small flag pattern above a previous big accumulation zone. The analyst added that it looks like a breakout could happen soon. His accompanying chart showed that the altcoin could rally to as high as $5 on this breakout, which would mark a new all-time high (ATH).  Crypto analyst Dark Defender also recently predicted that the XRP price could rally above $5 on Wave 5 of the impulsive move to the upside. He remarked that the altcoin has been descending since January 17 this year and that the support level is increasing. In line with this, the analyst noted that there is an intersection now. Dark Defender declared that this is where XRP will decide within two weeks.  Related Reading: Why A Sweep At $2 Is Important For XRP Price To Continue Rallying His accompanying chart showed that the XRP price could hit $5.8563 on this move to the upside. In another X post, he affirmed that the altcoin is already on its way to a new all-time high. Crypto analyst Egrag Crypto also highlighted the fact that XRP was at a crossroads and could make a major move soon.  In his most recent analysis, he stated that the XRP is at a critical juncture with a major formation breakout. The analyst remarked that the probabilities are about 70% to 80% for an upside breakout and 20% to 30% for a downside move. He added that the breakout is likely to be triggered by some fundamental news and that the chart hints that this news is imminent. These fundamentals are expected to be strong enough to break through key resistance levels.  Things Are About To Get Exciting For XRP In an X post, crypto analyst CasiTrades declared that things are about to get exciting for the XRP price. She noted that the entire consolidation structure is reaching its final moments. With price at a standstill and momentum dormant, she said that this is exactly how large market moves are born.  Related Reading: What Happens To The XRP Price If The 2017 Fractal Plays Out Again? CasiTrades mapped out subwave 2 extensions from the recent local low. She stated that if that was indeed the Wave 2 bottom, then the measured extension projects upside targets. These targets align in the $8 to $13 macro zone which she has been highlighting for over a year. The analyst noted that this kind of alignment across structure, time, and Fibonacci extensions is rare, which is why everyone should be macro bullish on the XRP price.  At the time of writing, the XRP price is trading at around $2.29, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

XRP’s price is now looking to break above $2.20 again after inching a few moves upwards in the past 24 hours. Notably, the cryptocurrency’s price action has seen a volatile movement over the past week. After briefly rallying above $2.65 earlier in May, XRP failed to sustain its momentum, instead trending downwards until it rebounded at $2.10 on the last day of May. Amid this backdrop of price action, there have been discussions around the timing for the next major price movement for XRP. A fresh outlook by a crypto analyst suggests XRP investors should pay attention to June 3 to June 6. Crypto Analyst Predicts Timeline For XRP Bottom And Breakout A crypto analyst known pseudonymously as WatersAbove has drawn attention to specific calendar dates that could play important roles in XRP’s short-term and long-term price trajectories. Taking to the social media platform X to share his outlook, the analyst suggested that June 4th to 6th could mark the bottom for XRP before there is any significant upside.  Related Reading: Wave Count Analysis Reveals The XRP Price Trigger Point For Take-Off However, aside from this bottom, what’s more important is the potential price manipulation that could take place within this period. According to the crypto analyst, this particular window between June 3 and June 6 will likely be characterized by market manipulation, as larger players may be attempting to shake out weak hands ahead of a more decisive rally. “In the meantime, watch out for this week ahead,” the analyst said. Although WatersAbove did not accompany the prediction with any technical chart, the confidence in his tone resonates among XRP investors who are closely watching these dates for signals of a bottom, as shown in the post’s comments. Straight Line Breakout To $10 For XRP What made the analyst’s prediction even more interesting was the projected price target and timing after the manipulation is over. According to the analyst, XRP could be on a straight-line trajectory to $10 by late July or early August, nearly a 5x move from current levels. This kind of breakout, if it occurs, would mirror XRP’s explosive run in Q4 2024 and also back in 2018. However, this time would require much more inflows that can be gotten from institutional backing. Related Reading: XRP Price Consolidates In Tight Bullish Compression Pattern, Why $5 Is Possible Interestingly, the analyst’s prediction is that the rally will start sometime around June 18 in a straight-line breakout manner. Although the prediction is bold, it’s not the first time such a target has been floated by long-time XRP supporters.  According to a similar analysis by EGRAG CRYPTO, XRP is on the verge of a breakout to double digits in the coming months. Crypto analyst Dark Defender also highlighted a new wave structure that could send the XRP price towards the $18.22 to $23.20 price range in the short term. On the other hand, crypto analysts like Dr Cat (@DoctorCatX) are less bullish. Notably, the analyst’s technical analysis suggests that any bull run for XRP might be delayed until November 2025. At the time of writing, XRP is trading at $2.20, up by 1.63% in the past 24 hours. A surge to the analyst’s $10 price target would translate to a 350% increase from the current price. Featured image from Getty Images, chart from Tradingview.com

The XRP price may be on the verge of a significant breakout, according to a new wave count analysis combining the Elliott Wave Theory and the Wyckoff reaccumulation principles. After months of sideways trading and corrective movement, analysts have pinpointed a critical price level that could serve as a trigger point for XRP’s next leg higher.  XRP Price Primed For Major Lift-Off From This Level A new analysis published by crypto analyst the ‘Charting Prodigy’ on X (formerly Twitter) suggests that the XRP price is following a clear Elliott Wave structure that began forming after the April lows this year. The price has completed Wave 1 of a new impulse cycle, followed by a WXY corrective Wave 2.  Related Reading: XRP Price Risks Crash Below $2 As Correction Takes Hold, Here’s Why Recent price action also indicates that XRP is now entering sub-wave 3 of Macro Wave 5, which is typically the most powerful and extended wave in the cycle. The standout detail of Charting Prodigy’s analysis is the identified trigger level at $2.56. According to the expert’s analysis, a confirmed breakout above this critical trigger point could signal the start of a rapid markup phase, potentially propelling XRP toward the $2.9 to $3.4 range. The significance of this bullish target is supported by not only the Elliott Wave analysis but also the Wyckoff reaccumulation, Fibonacci extension targets, and the emergence of a bullish divergence forming on the Moving Average Convergence Divergence (MACD). Notably, the analyst points to a classic Wyckoff accumulation structure taking shape on the XRP price chart. He identified key phases such as Preliminary Support (PSY), Automatic Rally (AR), and Secondary Test (ST). The structure also included a “spring” phase and, most recently, a Last Point of Support (LPS).  The emergence of these Wyckoff elements suggests that XRP has completed its reaccumulation and has entered the aforementioned markup phase, where price tends to go parabolic. The combination of these technical indicators and chart patterns also indicates that $2.65 is the level to watch as XRP makes its way up to price levels close to its former ATH.  XRP Set For Double-Digit Target In 2 Weeks  According to a new chart analysis by crypto analyst Egrag Crypto, XRP may be on the verge of a historic breakout. Presenting a 2-week price chart, the analyst highlights a macro bullish formation that could push XRP into double-digit territory—targeting $10, $18, $27, and even a whopping $55 in the months ahead. Related Reading: XRP Holds Midline Support That Has Led To Breakout In The Past, Why $2.9 Could Be Next Egrag Crypto’s chart draws attention to a long-standing macro ascending channel that XRP has respected since 2016. Past breakouts from similar setups have historically delivered exponential gains for the cryptocurrency.  The key trigger, according to the analysis, is a decisive move above the 21-week timeframe. This same signal preceded XRP’s explosive rally in 2017 when it surged from under 1 cent to an all-time high of $3.84. Notably, the analysis emphasizes the importance of remaining within this macro ascending channel, indicating that as long as the lower trendline holds and the 21 EMA is breached, XRP’s bullish case remains intact.  Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Egrag Crypto has highlighted a bullish candle formation, which could send the XRP price to as high as $22. This comes just as the analyst predicted that the altcoin could hit a $1.5 trillion market. XRP Price Eyes Rally To $22 As Bullish Candle Forms  In an X post, Egrag Crypto predicted that candle 13 on the yearly chart could be the breakout candle that sends the XRP price to $13 or $22. He also raised the possibility of the altcoin surging above these price levels, with a wick extending even higher. Based on his analysis of Candle 9, the 2021 yearly candle, the analyst noted that Candle 13 points to a target of around $17.  Related Reading: XRP Holds Midline Support That Has Led To Breakout In The Past, Why $2.9 Could Be Next Egrag Crypto remarked that this aligns perfectly between $13 and $22 for the XRP price. He also commented on Candle 12, noting that it was the strongest Bullish Engulfing pattern. This engulfing process started from Candle 5 and continued through Candle 11. The analyst added that the body of these candles closed above all previous candles, which is a “classic bullish sign.” It is even more bullish when it occurs on a yearly or 12-month chart, as in this case.  Commenting on the current XRP price action, Egrag Crypto stated that the noise is still loud on the high timeframes. He noted that the body of Candle 13 is above $1.85, and the wick extends up to around $3.40. The analyst claimed that a close below $1.85 could mark the end of the bull run, while a close above $3.40 confirms that XRP is heading to double digits.  Interestingly, the crypto analyst declared that December 31 this year will be a date to remember in XRP history. He remarked that market participants will see where the XRP price stands and what kind of candle formations are shaping up for the legendary year.  XRP At A Critical Level In an X post, Crypto analyst CasiTrades noted that the XRP price has returned to the $2.25 range, which is one of the most important levels on the chart. She stated that this zone has acted as both resistance and support since the $0.50 breakout, and now a proper backtest is underway.  Related Reading: Crypto Analyst Predicts XRP Price Could Shoot To $12 Soon The analyst revealed that the smaller timeframes show that this level could hold. However, she warned that higher-timeframe confirmation is key and that the XRP price needs daily closes above $2.25 to confirm a bullish pivot. CasiTrades added that whether or not this is the final pivot, this level remains a high-probability zone for buyers. She noted that the next major support is at $1.90 if this $2.25 support fails.  At the time of writing, the XRP price is trading at around $2.21, down almost 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Egrag Crypto has made a bold prediction that the XRP price can hit a $1.5 trillion market cap. He revealed how the altcoin can achieve this milestone by alluding to technical indicators, which show the measured move from this current market cap to a $1.5 trillion market cap.  How The XRP Price Can Reach $1.5 Trillion Market Cap In an X post, Egrag Crypto stated that the Logarithmic move could send the XRP price to around $1.5 trillion market cap, exceeding the Fib 1.618 by approximately $500 billion. Meanwhile, the Non-Logarithmic move will put the altcoin at around $270 billion, aligning with the Fib 1.618.  Related Reading: XRP Price Flashes Signal That Triggered 600% Rally In November 2024 The crypto analyst remarked that he sees two potential growth levels by measuring the previous cycle, the move from Fib 1.0 to Fib 1.618. Based on this, he predicts a 242% increase and a 600% increase. He then highlighted the four possible targets from the lowest to the highest. The first is the projected XRP price rally to a $270 billion market cap in line with the non-logarithmic measured move.  The second target is a 242% XRP price rally to a $450 billion market cap, backing the previous cycle’s move from Fib 1.0 to Fib 1.618. The third target is another 242% rally to a $978 billion market cap. Meanwhile, the rally to a $1.5 trillion market cap is the last target, with the Non-Log W pattern measured move for maximum potential.  Egrag Crypto highlighted what the XRP price could be based on its current circulating supply of 58.68 billion if it reaches these market cap targets. The altcoin’s price will be $4.60, $7.66, and $16.65 if it reaches the $270 billion, $450 billion, and $978 billion market caps, respectively. Meanwhile, XRP will hit $25.56 if it reaches the $1.5 trillion market cap milestone.  Another Analysis To Support This Price Projection In another X post, Egrag Crypto predicted that the XRP price can reach between $13 and $22 based on his analysis of the altcoin’s yearly chart. He stated that candle 13 will be the breakout candle, which will lead to the rally to $13 or $22, with the wick potentially extending even higher.  Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone He noted that by analyzing Candle 9, the 2021 yearly candle, and its full body move of an 800% gain, applying this increase to Candle 13 points to an XRP price target of around $17. He added that this aligns perfectly between Line 1 at $13 and Line 2 at $22. It is worth mentioning that Egrag Crypto has also predicted that the altcoin could rally to $27 in 60 days, aligning with the $1.5 trillion market cap projection.   At the time of writing, the XRP price is trading at around $2.28, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Egrag Crypto has predicted that the XRP price can reach $46 based on a historical pattern recorded in the first market cycle. Meanwhile, his analysis of the 3-cycle ride also showed that the altcoin can still reach double digits if it mirrors patterns recorded in other cycles.  XRP Price To Reach $46 If It Mirrors Cycle One In an X post, Egrag Crypto stated that market participants could see the XRP price touching $46 if the altcoin repeats a pattern like the first cycle. He highlighted the historical pattern in cycle one, in which XRP dropped below the 21 Exponential Moving Average (EMA) and then dropped an incredible 5,550%. The altcoin then retraced back to the 21 EMA and then dropped another 2,500%.  Related Reading: XRP Price To See 64,000% Rally To $1,700? Analysts Reveal End Of Year Predictions Meanwhile, the crypto analyst predicts that the XRP price can reach $12 if it follows cycle 2. In the second cycle, XRP dropped below the 21 EMA, which led to a 150% breakdown. The altcoin then retraced to the 21 EMA, before it fell again by 500%. Egrag Crypto noted that averaging these projections of a 2,500% and 500% surge gives almost 1,500%, which roughly suggests a target of $30. However, the analyst stated that his estimate is $27.  Commenting on this current cycle, which is the third cycle, the analyst revealed that the XRP price has dropped below the 21 EMA, with a potential rise of 430%. He further noted that the altcoin is retracing back to touch the 21 EMA. If XRP stays above $2, Egrag Crypto claims that the EMA will descend to meet the price. He affirmed that it is coming and very soon.  The Altcoin To Hit $27 In Just 60 Days? In another analysis, Egrag Crypto raised the possibility of the XRP price gaining 1,700% and rallying to $27 in just 60 days. He stated that if XRP is repeating the last section or pattern from October 2017, then the altcoin might be on the brink of a major breakout soon. Back then, it took the altcoin about 63 days to explode and set a new all-time high (ATH), surging by 1,772%.  Related Reading: XRP Price Confirms Bullish Reversal Setup With This Demand Zone If history repeats itself, Egrag Crypto is confident that the XRP price could be approaching $27 within the next 63 days. He reminded market participants that securing profits along the way is always wise as the altcoin rallies to this target. The analyst also revealed that breaking the $3 mark, the high from the February 24 candle this year, is the ultimate target in preparation for the rally to double digits.  At the time of writing, the XRP price is trading at around $2.33, up in the last 24 hours, according to data from CoinMarketCap.  Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Galaxy has drawn similarities between the current XRP price action and the 2017 bull run, when the altcoin recorded significant gains. He predicts the altcoin could soon rally to double digits, mirroring the 2017 rally.  XRP Price To Rally To Double Digits As It Mirrors 2017 Rally In an X post, Galaxy indicated that the XRP price could rally to double digits as it mirrors the 2017 rally. He stated that XRP is almost perfectly following the breakout pattern of 2017 after 6 years of consolidation. The analyst added that the longer the consolidation, the bigger the price move.  Related Reading: XRP Reaching Oversold Levels As Net Flows Turn Negative, What’s Next? His accompanying chart showed that the XRP price could rally to almost $40 on this breakout. The analyst seems convinced that the altcoin could witness such a parabolic move, considering that XRP surged by 61,000% in 280 days in 2017. The chart also showed that the altcoin will likely reach this target sometime next year.  Crypto analyst Egrag Crypto has also stated that he expects the XRP price to reach between $27 and $33 in this market cycle. He believes that a repeat of the 2017 historical performance makes these price targets achievable for the altcoin. The analyst has also alluded to factors such as the XRP ETFs and Ripple’s expansion as factors that could drive this price surge.  Meanwhile, crypto veteran Raoul Pal also affirmed that the XRP price has enough room to rally to the upside from its current level. He highlighted a bull flag that had formed for the altcoin, following its consolidation phase after last year’s rally. The veteran expects XRP to witness a bullish continuation after this consolidation phase, possibly rallying to as high as $5. This would mark a new all-time high (ATH) for the token.  The Altcoin In A Bullish Phase Crypto analyst CobraVanguard asserted that the XRP price is in a bullish phase, while highlighting a falling wedge pattern that was forming for the altcoin. He remarked that this pattern indicates the altcoin’s potential to reach $3. However, the analyst warned that this setup could be invalidated if the wedge pattern is broken downwards with the strength of bearish candles. Related Reading: XRP Price Explosion To $5.9: Current Consolidation Won’t Stop XRP From Growing  Meanwhile, crypto analyst Dark Defender noted that the XRP price is currently in Wave B of its Wave 2 corrective move. He predicts that the altcoin could rally to its current all-time high once the B and C waves are completed in this corrective wave. The analyst is also confident that the altcoin can rally to double digits in the long term. He once predicted that the altcoin could reach $18 based on his Elliott Wave Theory analysis.  At the time of writing, the XRP price is trading at around $2.38, up in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

A crypto analyst has outlined a long-term bullish roadmap for the XRP price, forecasting a gradual climb toward staggering all-time highs of $37. While the technical analysis and chart patterns support this optimistic outlook, bearish signals still linger on the horizon, highlighting a critical battleground for control between bulls and bears.  XRP Price Roadmap To $37 Drawing on the historical behavior of the XRP price action, market expert Egrag Crypto has highlighted the significance of the relationship between two key Moving Averages (MA): the 21-week Exponential Moving Average (EMA) and the 33-week Simple Moving Average (SMA).  Related Reading: Two Major Fibonacci Levels Put XRP Price At $8.40 And $27 In a technical report shared on X (formerly Twitter), the analyst noted that the interaction between these two MAs has repeatedly provided strong signals during both bullish and bearish market phases. He emphasized that this relationship could either set the stage for XRP to skyrocket toward a final target of $37 in this market cycle or trigger a bearish price breakdown.  According to the analyst’s chart and historical data, every time the 21 EMA crosses above the 33 SMA on the weekly chart, a dramatic price rally for XRP has always followed. Previous instances have seen staggering gains of 520.25% in 2025, 855.36% in 2021, 1,600.63% in 2018, and even as high as 6,505.21% in 2017. These moves were all preceded by the same crossover pattern: the 21 EMA taking a dominant position above the 33 SMA.  Based on this cyclic behavior, Egrag Crypto projects that XRP could once again be poised for a parabolic move upwards. The most conservative bullish targets lie around $5.71 and $9.57, while more aggressive estimates point to $27, with an ultimate extension potentially reaching $37. These price levels have been mapped out by projecting the percentage gains from past bull runs onto the chart structure.  Egrag Crypto has further emphasized that XRP’s bullish setup is being watched closely. Its price hovers around $2.34, signaling a substantial upside if history repeats.  Bears And Bulls Fight For Dominance  Despite Egrag Crypto’s optimistic outlook for the XRP price, the analyst warns that the bears are not out of the picture yet. The same Moving Average crossover logic that signals bullish strength could also serve as a double-edged sword, potentially indicating a powerful bearish reversal.  Related Reading: XRP Price At $10-$20 Only The Beginning, It’s Headed For $1,000 – Analyst Reveals Historically, when the 21 EMA crosses below the 33 SMA (a bearish cross), the XRP price has entered significant downtrends. The past two bearish crosses on May 28 and November 2021 led to steep declines of 87% and 72%, respectively.  Egrag Crypto cautions that a similar bearish crossover could occur, potentially triggering a price drop of nearly 79.54% from XRP’s local top. If this crossover does appear, the market expert has revealed plans to exit a large portion of his XRP position, signaling that the macro top has been reached and a prolonged bear phase is likely to follow.  Featured image from Getty Images, chart from Tradingview.com

Onchain data shows that over $40 billion worth of XRP has been moved over the last week, which puts the altcoin on the edge. Specifically, these coins were transferred to exchanges, which indicates that XRP is at risk of a massive sell-off.  Over $40 Billion XRP Moved To Exchanges CryptoQuant data shows that over $40 billion has been moved to Binance this past week, with the exchange’s reserves surging during this period. This development is usually bearish as it indicates that investors are looking to offload their coins. This comes as the XRP price surged to as high as $2.6, which explains this wave of profit-taking.  Related Reading: XRP Reaching Oversold Levels As Net Flows Turn Negative, What’s Next? Moreover, crypto analyst Ali Martinez revealed that Bitcoin whales have secured profits, selling over 30,000 BTC this week. As such, XRP whales may be simply mirroring this move. Meanwhile, Bitcoinist reported that XRP is reaching oversold levels as net flows turn negative, with the wave of sell-offs heightening.  This selling pressure comes amid Judge Analisa Torres’ ruling in the Ripple SEC lawsuit, which provides a setback for XRP. The judge denied the parties’ motion for an indicative ruling because the filing was procedurally improper. The ruling also sparked a massive sell-off, with XRP dropping over 4%. XRP risks losing its bullish setup as Martinez revealed that the key support zone is at $2.38, meaning that a drop below this level could lead to a deeper correction. However, a hold above this level could set the altcoin for a rally to new highs as the analyst revealed that there are no major resistance clusters ahead. Crypto analyst CasiTrades had warned that XRP’s failure to hold above the $2.69 resistance could send its price towards $2.30 for a reset.  Altcoin Has Formed A Double Bottom Formation In an X post, crypto analyst Egrag Crypto revealed that XRP has formed a double bottom following the dip to $2.3126. He stated that the altcoin is still bouncing off the red descending trend line, showing resilience. The analyst added that the altcoin is experiencing some micro noise within the range between the Fibonacci 0.888 levels at $2.30 and $2.62.  Related Reading: XRP Price Set To Continue Uptrend As Stochastic RSI Moves Out Of Oversold Zone His accompanying chart showed that the key is for the XRP price to hold above the trendline at $2.3. A bounce from this level could send the altcoin as high as $3.8, near its current all-time high (ATH) of $3.84. Based on its historical performance, Egrag Crypto still expects the altcoin’s price to rally to between $27 and $33 in this market cycle.  At the time of writing, the XRP price is trading at around $2.37, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

The XRP price is once again in the spotlight as a new technical analysis indicates that the cryptocurrency may be on the verge of a significant price explosion to $5.9 and beyond. According to the analyst behind this forecast, XRP’s recent price behavior is not a sign of weakness but rather a period of strategic consolidation that is building momentum for the next major surge.  Consolidation Phase To Fuel XRP Price Explosion  Master Ananda, a crypto analyst on TradingView, released a detailed analysis of XRP on May 15. The analysis highlights the cryptocurrency’s current price action and predicts its next bullish move. Starting with its historical price behavior, the analysis highlights a strong rally that took place in 2024, particularly around November and December, when XRP printed long green candles that indicated strong momentum. Related Reading: Analyst Says XRP Must Hold This Level For Bullish Continuation To $4.2 After reaching a high, XRP entered a consolidation phase, during which price action formed a pattern resembling a symmetrical triangle or wedge. This is marked with red dashed lines on the chart, showing indecision in the market as the price was suppressed.  Master Ananda revealed that after this triangle formation, XRP broke out around April  7, 2025 — a date now marked as a potential inflection point in the cryptocurrency’s market cycle. Since then, weekly candles have consistently closed in the green, indicating renewed bullish momentum.  Adding to Master Ananda’s bullish case for the XRP price is a Fibonacci retracement and extension levels drawn from the previous major swing high to the recent low. These levels help identify potential resistance and target zones for the next leg up.  Notably, the retracement levels have been marked around $2.05 (0.236 Fib), $2.39 (0.382 Fib), and $2.71 (0.618 Fib), culminating at the previous high of $3.40. Fibonacci extension project potential targets are at $4.50 (1.618 Fib), and the highest level is at $6.29 (2.618 Fib).  Currently, the trajectory of the curved green arrow in the chart shows a more probable price target of around $5.9. However, XRP will still have to surge past the aforementioned retracement levels and the resistance at $4.5 to reach this level. The overall takeaway of this analysis is that XRP is printing strong bullish signals, and its current consolidation is seen as a precursor to further growth.  The asset Approaches Make Or Break Zone XRP is entering a decisive phase, as crypto analyst Egrag Crypto predicts an imminent breakout from a tight consolidation range, within which the cryptocurrency has been trading for months. The analyst’s chart shows a purple zone, which he described as a “pandora box.” This zone represents a critical price range acting as both resistance and support, effectively trapping price action. Related Reading: XRP Price Surge To $10: Analyst Reveals Factors That Will Make It Happen In 2025 Egrag Crypto emphasizes that a breakout above or below this boxed range could ignite high volatility and significant momentum for XRP. He frames it as a pivotal moment where big moves, possibly explosive ones, are expected to happen. Featured image from Getty Images, chart from Tradingview.com

XRP has re-entered a pivotal trading range against Bitcoin (BTC), stirring up excitement as technical signals suggest a potential breakout. This move is reinforcing its bullish position, highlighting three major price targets that could confirm a larger macro rally.  XRP Sets Sights On Key Targets Against Bitcoin After months of consolidation, the XRP/BTC trading pair is now back inside a critical triangle formation, which market expert Egrag Crypto has identified as a key price range to watch for potential breakout or breakdown moves. The analyst shared a short-term XRP/BTC chart on X (formerly Twitter), explaining how important this price range is for the trading pair to hit new bullish targets and reach even larger goals.  Related Reading: XRP Analyst Highlights Ultimate Targets And Selling Strategy As XRP Price Rebounds This triangle structure, dating back years, acts as a roadmap for XRP/BTC’s potential breakout, but only if it successfully flips certain levels into support. The first major target highlighted by Egrag Crypto is $0.000003033, which represents the upper boundary of the triangle. A decisive breakout above this level would signal a structural shift, confirming a possible bullish breakout from the narrowing wedge.  The analyst’s second key target is $0.00003430, the local high from XRP/BTC’s last rally. This price level is crucial for momentum validation, as flipping this into support with strong volume would build strong confidence in the next upward move and show confirmation that it can hold above it. The third and most critical target the XRP/BTC pair is expected to reach is $0.00004300, which aligns with the Fibonacci 1.0 level and XRP/BTC’s previous cycle high. A move beyond this level suggests the beginning of a macro rally, unlocking access to higher Fibonacci extension levels, including:  1.272 Fib ($0.00007244) 1.414 Fib ($0.00009546) 1.618 Fib ($0.00014191) 1.888 Fib ($0.00030000) The Altcoin Must Hold Support Or Risk Macro Breakdown While Egrag Crypto’s breakout targets paint an optimistic picture, the XRP/BTC LTC analysis comes with a stark warning of a potential crash. The analyst has raised alarm bells, warning not to lose the 0.618 Fibonacci level at $0.00002032.  Related Reading: XRP Price To Break Out Of Consolidation: The Next Moonshot That Will Lead To $3 This support range acts as the last kind of defense for XRP/BTC’s bullish market structure. The analyst goes as far as to say, “Lose an arm, but don’t lose this range,” emphasizing the importance of maintaining this level. He further predicts that if the pair drops below this support level, it could see a decline to as low as $0.00000611. At the time of the analysis, XRP/BTC was trading at approximately $0.00002516, showing early signs of recovery after dipping below the triangle range. If bulls can defend this level and hold on to their upward momentum, the path toward flipping resistance levels into support becomes potentially clearer.  Egrag Crypto has also outlined potential price projections for the XRP based on the bullish scenario where the XRP/BTC pair reaches several upper Fibonacci levels and Bitcoin rallies to key milestones.  Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Crypto Michael, who called the XRP price surge when it was trading at $0.5, has predicted the altcoin’s next move. Based on his prediction, XRP is set to sustain its current bullish momentum and possibly rally to a new all-time high (ATH) soon with a breakout above $3.  Analyst Predicts XRP Price Surge Above $3 In an X post, Michael predicted a second parabolic rally once the XRP price breaks the psychological $3. The analyst made this prediction while revealing that he had called this current XRP rally while the altcoin was still trading at $0.5. Indeed, last year, he stated that a historic breakout was incoming for the altcoin.  Related Reading: XRP Price Outperforms Bitcoin, Ethereum As ‘Strange Signal’ Emerges, Why The Target Is $4 Back then, he highlighted a unique 7-year-long bull pennant that had formed for the XRP price. Based on that bullish pattern, the analyst remarked that market participants might be about to witness one of the most significant breakouts in crypto history. XRP eventually broke out and became the second-best-performing asset among the top 10 cryptos by market cap in 2024.  Crypto analyst CasiTrade recently stated that the XRP price could witness an explosive move above $3 if it breaks and holds above $2.69. This means the projected parabolic rally for XRP above the $3 mark could happen soon. This rally could send the altcoin above its current ATH of around $3.84.  Crypto analyst Ali Martinez also suggested that the XRP price will unlikely encounter any major resistance as it targets a run to a new ATH. In an X post, he cited Glassnode data as he revealed that XRP has no major resistance clusters ahead. Meanwhile, the analyst noted that the key support zone is $2.38.  A Rally To Double Digits In This Cycle? Several crypto analysts have predicted that the XRP price can rally to double digits in this market cycle. In an X post, Pepa stated that the plan stays the same for XRP. His accompanying chart showed that he expects the altcoin to rally to as high as $30 by year-end or the start of next year.  Related Reading: XRP Price To Rally To $6: Partially Completed Wave 5 Says There’s Still Room To Run Crypto analyst CrediBULL Crypto also recently alluded to a previous analysis in which he predicted that the XRP price would reach $28 by year-end 2025. This move is expected to mark Wave 5 on his Elliott Wave Theory analysis. Similarly, analyst Egrag Crypto stated that XRP will reach between $27 and $33 in this cycle. Crypto analyst Mikybull Crypto offered a more conservative target, predicting that the altcoin will reach between $4 and $6 in this cycle.  At the time of writing, the XRP price is trading at around $2.52, down almost 2% in the last 24 hours, according to data from CoinMarketCap.  Featured image from Getty Images, chart from Tradingview.com

XRP prices moved by almost 3% in the past day as the crypto market bounce continues. However, the prominent altcoin remains in danger of significant market downside. According to renowned X market expert Crypto Egrag, XRP must close above certain price levels to invalidate this bearish pattern and validate its bullish trajectory. Related Reading: Major XRP Accumulation Alert: Wallets Holding Over 10,000 Coins Cross 300,000 XRP Faces Critical Resistance At $2.41-$2.45, But $2.96 Represents Ultimate Challenge  In a recent series of X posts, Egrag Crypto has previously stated that XRP was at a major crossroads facing a pivotal breakout or a potential retest. In line with the crypto market, XRP has seen a sustained price rebound since mid-April, gaining by 35.95%. However, Egrag Crypto warns that the altcoin is facing major resistance at the price range between $2.41-$2.45, which aligns with the descending trend line of the market correction that had dominated the first quarter of 2025. To strengthen the bullish case of its recent breakout, the analyst explains that XRP must move and stay above this price resistance, thereby neutralizing the bearish outlook. If XRP fails to make a convincing breakout above $2.41-$2.45 and slips into consolidation, the altcoin faces the potential of a retest to around $1.2-$1.3, representing a potential 46.05% decline from today’s price. However, the analyst explains that such a retest would only provide a massive accumulation opportunity as the long-term outlook for XRP still remains bullish.  In a following post on May 10, Egrag Crypto states XRP must also reclaim the $2.96 price zone to confirm a sustainable uptrend. Notably, the $2.96 price level represents the next major price resistance after the descending trendline and is the closest to the current local market top. Related Reading: Bitcoin Advanced NVT Sits Above This Critical Threshold — What It Means For Price Action XRP Market Overview At press time, XRP is trading at $2.41, reflecting a 2.77% gain in the past day. On larger time frames, the altcoin holders are in significant profits as indicated by gains of 10.17% and 23.37% on the weekly and monthly charts, respectively.  Generally, the market sentiment among XRP investors remains bullish, especially following recent developments in the legal case between Ripple and the US Securities and Exchange Commission (SEC).  On May 8, the SEC announced a settlement that includes the return of $75 million held in escrow to Ripple, which comes months after the Commission signaled its intentions to terminate its appeal case against the blockchain company. With a market cap of $241.95 billion, XRP remains the fourth-largest cryptocurrency and third-largest altcoin in the digital asset space. Featured image from Pexels, chart from Tradingview

XRP analyst Egrag Crypto, who is well-known for offering bullish predictions about the altcoin, has now drawn the crypto community’s attention to another altcoin, XDC. The analyst predicts this crypto token could also witness a remarkable surge and enjoy up to a 3,350% gain as bullish metrics emerge.  XDC To Rally To $2 As Indicators Turn Bullish In an X post, Egrag Crypto stated that XDC will rally to $1 and then easily surge to $2. This came as he remarked that the altcoin’s chart looks “amazing.” First, the XRP analyst noted that the RGB (Red-Green-Blue) indicators perfectly align with the XDC token. Based on this, he asserted that the next move for the altcoin could be a 10x pump. Related Reading: Fartcoin Reaches Critical Make-Or-Break Level: Analyst Reveals What Could Happen From $0.77  This XDC price surge is expected to target the Fibonacci levels between 1.414 and 1.618, rallying to between $0.50 and $0.80. The XRP analyst remarked that this is still below the previous cycle’s blow-off top, when the token soared by 3,350%. He expects XDC to replicate this explosive move, potentially surging to the $2 target.  The XRP analyst alluded to the Stochastic Relative Strength Index (SRSI) as another bullish indicator. He revealed that the SRSI is waving bullish signals. The analyst admitted that there is still a long road for XDC to reach and sustain RSI levels above 80, but claimed that the momentum is definitely on the bulls’ side. In line with this, Egrag Crypto asserted that big moves could just be around for the altcoin.  The Bearish Angle For The Altcoin The XRP analyst also provided a bearish angle for the XDC price. He revealed that the 21 Exponential Moving Average (EMA) is on the verge of crossing below the 33 Moving Average. If that happens, the analyst warned that it could turn super bearish.  Related Reading: Altcoin Season In Danger If Bitcoin Dominance Closes April Above This Level However, he added that this crossover will most likely be avoided and that there could be a blow-off top before the inevitable retracement. The analyst also urged market participants to be attentive as the sharp move higher would come unexpectedly before a big crash to the downside.  From a fundamental perspective, XDC’s outlook also looks bullish. The XDC network just officially joined the MiCA alliance, which is a major step forward in aligning blockchain innovation with regulatory clarity in Europe. The team stated that the network is deeply committed to compliance, transparency, and building long-term trust. Like Ripple’s offering using XRP for cross-border payments, XDC is a layer-1 that offers real-world applications like trade finance, cross-border payments, and RWA tokenization. At the time of writing, the XDC price is trading at around $0.07, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Egrag Crypto predicted a macro channel breakout that could be imminent for the XRP. The analyst indicated that the altcoin could reach double digits if this breakout plays out as expected.  XRP Price Eyes Rally To $55 With Potential Macro Channel Breakout In an X post, Egrag Crypto raised the possibility of a macro channel breakout for the XRP price and stated that the measured move points to a potential high of $55. He stated that he had his eyes on the $27 target, although he indicated that the altcoin will likely surpass this price level on this move as it looks to hit $55.  Related Reading: Is The XRP Price Rally Over At $2.22? New Developments Suggest Major Pump Is Coming This ultra-bullish prediction came as the analyst revealed that the XRP price is currently in candle number 5. He remarked that if history is any guide, then market participants should be looking at a mega monthly candle. If XRP were to follow the same pattern, the analyst affirmed that the target of $17 is definitely in play.  In another X post, Egrag Crypto again predicted that the XRP price could at least reach $27 in this market cycle. He stated that he is becoming increasingly convinced that XRP is mirroring the 2017 bull run, although the timing may be either delayed or accelerated. The analyst predicted that the altcoin would reach double digits by the end of Wave 3 this summer.  Meanwhile, he believes Wave 4 will unfold over the next three years, followed by a bear market, and then the XRP price will reach triple digits in the next bull run. Egrag Crypto is confident that XRP could reach as high as $120 when that time comes. In the meantime, XRP is still battling to break above key resistance levels, which could pave the way for a new all-time high (ATH).  A Bull Pennant Forming On Weekly Chart In an X post, crypto analyst XRPunkie drew attention to a bull pennant that was forming for the XRP price on the weekly chart. He stated that this bullish pattern is ready for a breakout once XRP completes the final pullback to between $1.80 and $2. The analyst added that the technical target of this bull pennant is between $13 and $14. XRPunkie warned that there will be more pullbacks along the way to $14, so he advised that investors look to secure profits.  Related Reading: Analyst Sets XRP Price Target At $6.5, These Dates Are Key Crypto analyst Ali Martinez has indicated that the short-term target for the XRP price is between $2.70 and $2.90. In an X post, he stated that the altcoin looks to be breaking out of an inverse head and shoulders pattern, with a potential upside target of these price levels.  At the time of writing, the XRP price is trading at around $2.2, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pexels, chart from Tradingview.com

Market analyst Egrag Crypto has tipped XRP to fall to $1.25 in the short term, barring a specific price development. Despite a bullish trading week, which saw the altcoin trade at $2.29, the market expert explains that XRP is yet to confirm a market bottom, indicating the potential of a future price fall. Related Reading: SUI Primed For Market Correction – Analyst Sets Target At $2.75 Crucial Times Ahead: XRP Must Break $2.33–$2.45 To Invalidate Bearish Forecast  In an X post on April 26, Egrag Crypto shared a bearish forecast on the XRP market, suggesting a potential downswing lies on the horizon. Based on the technical analysis of the XRP trading chart, altcoin appears to be trading below the Bull Market Support Band despite recent gains due to the extensive price correction in Q1 2025. For context, the Bull Market Support Band is a price zone formed from two moving averages to help traders detect whether an asset remains in a bull market or not. When prices fall below this support band, it often signals a bear market risk. For XRP to invalidate this negative forecast, the fourth-largest cryptocurrency must close above $2.33, which represents the immediate resistance level. Importantly, XRP must reclaim the $2.45, which currently acts as the upper edge of the Bull Market Support Band.  Achieving a decisive close above both critical price levels would signal a strong market demand and reduce fear of a larger price correction. However, if XRP fails to break above this band soon, the 0.702 Fibonacci level around $1.25 becomes a likely potential target.  Egrag Crypto explains that this Fibonacci level aligns with the previous breakout structure, thus making it a strong historical support. However, a price fall to $1.25 would only constitute a major retest, which could reinforce the long-term bullish structure of the XRP market. Related Reading: Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View XRP Price Overview At the time of writing, XRP trades at $2.18, reflecting a decline of 0.78% in the last day. The prominent altcoin is also down 5.08% on the monthly chart, indicating that bearish pressures are still strong in the market. According to data from Coincodex, market sentiment currently remains neutral, with investors still uncertain of XRP’s future. Notably, only 40% of XRP’s last 30 trading days have been profitable. Interestingly, Coincodex analysts expect the asset to retain its recent bullish form in the short term to potentially trade at $2.50 in five days. However, they remain highly bearish on long-term prospects, projecting a price of $1.97 in one month and $1.65 in three months. Featured image from iStock, chart from Tradingview

XRP is gearing up for a surge to $120, according to popular crypto analyst EGRAG CRYPTO. Taking to social media platform X, the analyst shared a fresh chart detailing a bullish outlook for XRP, suggesting that the cryptocurrency is retracing a path similar to its explosive 2017 rally. This time, however, the trajectory could be even more dramatic, as the chart accompanying his post outlines a long-term Elliott Wave formation that points first to $27 and eventually to a staggering $120 price tag.  Echoes of 2017: XRP Retracing Cycle That Took Price To All-Time High The 2017 bull cycle is one of the most iconic periods in XRP’s history. It was during this phase that the price of XRP rallied from under $0.01 to an all-time high of $3.84, driven by a broader crypto market bubble, exchange listings, and speculation surrounding Ripple’s adoption among financial institutions. Related Reading: XRP Outflows Cross $300 Million In April, Why The Price Could Crash Further The rally followed a classic Elliott Wave impulse structure, with five distinct waves characterized by short consolidations before each major leg upward. By early 2018, the bubble had popped, and XRP, like the rest of the crypto market, entered into a prolonged bear phase. EGRAG CRYPTO’s post implies that XRP is now following a similar pattern to the one in 2017. Particularly, the analyst noted that XRP is currently in the process of forming its second wave, which is a retracement of the bullish impulse Wave 1. This impulse Wave 1 is characterized by XRP’s surge to $3.4 between Q4 2024 and January 2025. Wave 2, on the other hand, is characterized by the price correction since January, which has sent the XRP price back to trading around $2.  Now, the next step is for wave 3 to begin formation. Based on traditional Elliott Wave ratios, this wave tends to extend aggressively, often measuring 161.8% of Wave 1. According to EGRAG, XRP’s price is expected to end Wave 3 above double digits sometime in summer 2025. It is at this point that the analyst predicted a top out around $27, nearly ten times its current trading price. Following that, his outlook anticipates a lengthy Wave 4 correction lasting several years, setting the stage for a final Wave 5 extension that could see XRP break into triple digits. The $120 Long-Term Target In his projection, the $27 level will mark the completion of Wave 3, followed by a Wave 4 correction that could potentially span three years. This correction would be brutal and cause the XRP price to reach a bottom around $5.50. Related Reading: XRP Price In April: The Lows, The Highs, And Final Blast-Off After this consolidation phase, the ensuing Wave 5 formation will catapult XRP to new highs again and go on the same measured move as Wave 1 or 61.8% of Wave 1 + Wave 3.  If this plays out as EGRAG expects, XRP would break into triple-digit territory and ultimately peak around $120. At the time of writing, XRP is trading at $2.19, up by 2% in the past 24 hours. Reaching the $27 and $120 price targets would translate to 1,132% and 5,380% increases, respectively, from the current price. Featured image from Adobe Stock, chart from Tradingview.com

Crypto analyst Melika Trader has warned about a bearish pattern that could be forming for the Bitcoin price. Based on this, the analyst predicts that the largest crypto by market cap could crash to as low as $78,000.  Bitcoin Price Forming Head And Shoulders Pattern  In a TradingView post, Melika Trader revealed that the Bitcoin price is forming a complex head-and-shoulders pattern. He remarked that the left shoulder and double head had already formed while the right shoulder is currently forming, with BTC at risk of suffering a massive crash once this happens.  Related Reading: Analyst’s Bitcoin Price Prediction From March Plays Out, Here’s The Rest Of It As part of the expected move, Melika Trader suggested that the Bitcoin price could show a possible fake breakout above the resistance between $87,000 and $88,000. Once that happens, the analyst predicts that a strong drop will follow, with BTC dropping to as low as $78,000, which is the first support area.  The Bitcoin price has surged past the $90,000 mark on the back of the US Dollar dropping to new lows and has continued to reach new highs, leading to optimism that it could soon reclaim $100,000. There is the possibility that BTC could still rally to as high as $98,000 before any massive correction.   Crypto analyst Ali Martinez revealed that on-chain data shows that the next key area of resistance for the Bitcoin price is between $95,600 and $98,290. That range acts as a major supply wall, as 1.65 million addresses bought 1.09 million BTC around that area. Bitcoin’s next move will depend on whether these holders choose to hold or offload their coins as soon as it reclaims this range.  However, it is worth mentioning that crypto whales are actively accumulating BTC, which is bullish for the Bitcoin price. Martinez revealed that over 17,000 BTC have been withdrawn from exchanges in the past week.  BTC Eyeing Rally To A New All-Time High Crypto analyst Titan of Crypto has predicted that the Bitcoin price could soon rally to as high as $137,000, marking a new all-time high (ATH) for the leading crypto. He stated that BTC has finally broken out of a bull pennant, with two strong consecutive daily bullish candles, confirming this move. The analyst added that the projected target is $137,000 if this bull pennant is confirmed.  Related Reading: Bitcoin Price Following Analyst’s Prediction For Bullish Breakout, Here’s The Target Crypto analyst Egrag Crypto stated that a daily close above $93,000 will send a strong bullish signal, while raising the possibility of BTC rallying above $100,000. He claimed that any retracement fears will be eliminated if the leading crypto closes above $103,000.  At the time of writing, the Bitcoin price is trading at around $93,000, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

XRP is back trading above, $2, and bullish momentum is gradually creeping back compared to its price action at the end of March and beginning of April. Crypto analyst EGRAG CRYPTO believes this week could highlight a turning point for a full flip into bullish momentum, and how the XRP price closes out the week will be very important. According to the analyst’s outlook, which was posted on social media platform X, the current XRP candle on the weekly timeframe is hovering just above both $2.10 and the 21-week Exponential Moving Average (EMA). However, he noted that the real confirmation lies with if XRP can manage to close the week with a full-bodied candle above $2.25. Why Is $2.25 Important For XRP’s Price? The $2.25 level has now become more than just another short-term resistance. It is what EGRAG considers the final barrier to validating the recovery structure forming after March and April’s sharp retracement. His weekly chart shows XRP climbing out from a significant low after bouncing off the 0.888 Fib extension level and now stabilizing above the yellow 21-week EMA line. Related Reading: XRP To Flip Bitcoin This Cycle? Analyst Points To Major Bounce The alignment of XRP’s price above both the $2.10 price level and this moving average adds credibility to the potential of a bullish continuation, but EGRAG makes it clear that a weekly close above $2.25 is the “lock-in” point. From a technical standpoint, this would mark the first full-bodied weekly candle above the 21W EMA since the past four weeks. If achieved, this can be interpreted confirmation that bulls have regained dominance and that a bottom was established on April 7. Furthermore, it suggests that the April 7 bottom will continue to hold as support going forward. The chart also outlines close price targets at $2.51 and $2.60, with Fibonacci extension levels projecting even higher zones at $2.69 on the way to crossing back above $3. Failing To Close Above $2.25 Could Reintroduce Unwanted Narratives EGRAG also issued a cautionary note in case there isn’t a clean breakout. Should XRP fail to close the weekly candle above $2.25, he warned it could trigger a return of bearish narratives, including what he referred to as a possible “tariff issue.” This is referring to the recent tariff back-and-forth between the US and China in the past month, which has unbalanced the investment markets. Related Reading: Crypto Pundit Reveals What Will Happen If XRP Price Does Not Break $2.3 A strong rejection could see the XRP price pull back toward the $1.96 Fibonacci level or even lower into the broader support band of around $1.58 to $1.30. The white box region on the chart above would then become the primary battleground for bulls and bears if a close above $2.25 is not secured by the end of the week. Featured image from iStock, chart from Tradingview.com

XRP has staged an impressive recovery to reclaim the $2 price level after plunging to a weekly low of $1.657 in a steep midweek correction. The rebound comes at a crucial time for the cryptocurrency, with analysts paying closer attention to historical price behaviors and bullish technical patterns. Among them is EGRAG CRYPTO, a popular XRP analyst on X, who believes that the cryptocurrency could be on the cusp of a monumental surge reminiscent of its previous bull cycles in 2017 and 2021. The Power Of Time Cycles And Exponential Moving Averages EGRAG’s technical analysis focuses on a recurring structure seen in XRP’s past cycles, using the 21-period Exponential Moving Average (EMA) and 33-period Moving Average (MA) on the biweekly timeframe. According to his analysis, which was revealed on social media platform X, both the 2017 and 2021 rallies were preceded by similar technical setups: a sustained bottoming process lasting around 770 days followed by a bullish reversal. Related Reading: This Analyst Correctly Called The XRP Price Crash, Here Are The Next Targets These phases were marked by what he described as “blow-off tops,” where XRP posted parabolic gains after bouncing off the 21 and 33 exponential moving averages. The current market structure, EGRAG noted, aligns closely with those previous cycles. After a prolonged bearish trend and a second recorded “bearish cross” in 2022, XRP has once again moved above both the 21 EMA and 33 MA. In his view, this sets the stage for a similar breakout scenario, one that could play out before the end of 2025. EGRAG uses this pattern to suggest a timeline of roughly 770 days from the last major crossover in early 2022, placing the projected breakout target around September 29, 2025. XRP Can Surge To $45 Interestingly, EGRAG’s price prediction based on the premise of how a similar 2017 or 2021 movement can play out for XRP. In 2017, XRP posted a rally of approximately 2,700%, and in 2021, a slightly lower surge of about 1,050%. By mapping those gains onto the current price structure, EGRAG predicted two potential targets: a more conservative $19 level and a bold $45 level. Between these two targets is a mid-range target of $27 which he has previously favored. Related Reading: XRP Price Nears ABC Correction With Clear Targets For Buying However, the analyst warned that while chart patterns offer insight, they are not perfect predictors. In his own words, “Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire.” Still, the emotional patterns of market participants, human reactions and behaviors, tend to repeat to create opportunities where a previous price action might play out again, even if not 100%.  The analyst ended his analysis with a strategic note to long-term holders and short-term traders alike, consider a Dollar-Sell-Average (DSA) approach when the XRP price starts to climb.  At the time of writing, XRP is trading at $2.04, up by 2.6% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com

The XRP price may be gearing up for a historic breakout as a long-term Symmetric Triangle pattern from 2017 resurfaces on the charts. If history repeats and a similar explosive move follows, a crypto analyst predicts XRP could skyrocket to an eye-popping $30.  XRP Price Triangle Pattern Signals Breakout Above $30 A new technical analysis by Egrag Crypto, a crypto analyst on X (formerly Twitter), has stirred excitement among​​ XRP supporters, suggesting that the digital asset may be on the brink of a historic price surge and that XRP could jump from its current market value of $2 to reach $30 soon. Related Reading: Crypto Pundit Reveals What Will Happen If XRP Price Does Not Break $2.3 While this figure may seem rather ambitious, Egrag Crypto has identified a massive Symmetrical Triangle formation on XRP’s monthly chart. Interestingly, the analyst has revealed that this pattern is strikingly similar to one that preceded XRP’s legendary 2,600% rally in the 2017 bull market.  In the 2017-2018 bull market, XRP had surged to an all-time high of $3.84 in just months. Now, after years of tightening price action within a giant Symmetrical Triangle, the altcoin appears to be breaking out once again, and this time, the analyst predicts that the upside could be even more explosive.  According to Egrag Crypto’s chart, if the asset mirrors its previous 2,600% triangle breakout, it could soar from the breakout zone around $1.20 to as high as $32.36. Notably, XRP’s Symmetrical Triangle formation is a classic consolidation pattern that usually results in a bullish surge in the direction of the prevailing trend.  Currently, XRP’s all-time high is $3.84. A potential surge to $32.36 would represent a whopping 741.6% increase, propelling its price to a level far exceeding its historical peak.  Bullish Pennants Strengthen Symmetrical Triangle Forecast Egrag Crypto’s bullish forecast for XRP is supported by a textbook diagram comparing bullish pennants and symmetrical triangles, both of which point to double target zones once a breakout occurs. The pattern suggests that once the altcoin escapes its multi-year consolidation, the analyst’s projected rally may play out in three stages: an initial pump, followed by a retracement, and a second explosive move.   Related Reading: XRP Price Eyes 20% Move With Golden Pocket Appearance The XRP price chart shows a lower target, around $3.52, which aligns with the 1.0 Fibonacci retracement level. This indicates that the token could see a temporary rebound to 3.52, followed by a short-term pullback to the triangle breakout point at $1.20, before ultimately bouncing toward the projected $32.36 target.  Notably, this movement aligns with XRP’s current market structure, where it has maintained long-term support and is now showing signs of upward momentum. While historical price patterns offer insights into potential moves, the predicted rise to $32.36 is uncertain, given the magnitude of such a rise. Featured image from Adobe Stock, chart from Tradingview.com

Crypto analyst Joao, who correctly predicted the XRP price crash, has revealed the altcoin’s next targets. Based on his latest prediction, more pain could lie ahead for XRP, which could still drop below $1.  What’s Next For The XRP Price After The Crash Below $2 In a TradingView post, Joao stated that a long-term distribution phase could be the “most chaotic scenario” for the XRP price following its crash below $2. Through his accompanying chart, the analyst illustrated a “radical distribution scheme” that could potentially extend into late 2025.  Related Reading: XRP Price Chart Flashes Inverse Head And Shoulders Pattern That Could Trigger Rally To $3.9 Joao remarked that the XRP price could first show a sign of weakness, dropping below the COVID dump levels, possibly close to $0.10. As that plays out, XRP could follow the Scheme 1 or 2 trajectory. For Scheme 1, the analyst predicts that XRP would drop to $0.1 and then bounce back to $0.4, which is the last point of supply.  On the other hand, if Scheme 2 plays out, he predicts that the XRP price could spike between $5 and $6.8, with an average peak around $5.5 to $5.7, which would likely trigger extreme euphoria. Joao warned that this is just one of the “insane” possibilities and that XRP’s price action will depend heavily on Bitcoin, market makers, supply and demand, public interest, and the macro market.  Crypto analyst John also recently warned that the XRP price retracement could deepen to mid-2024 levels, with the altcoin dropping to the Fib price level of $0.3827. The analyst highlighted a bearish engulfing that formed on XRP’s weekly chart in late March, which is why he believes that the altcoin could still drop to these lows.  Meanwhile, crypto analyst Egrag Crypto stated that based on an ascending broadening wedge, there is a 70% chance of a downside breakout and a 30% chance of a move to the upside. He claimed that the measured move for the downside breakout for the XRP price is $0.65.  $1.90 Has Become Resistance For The Altcoin In an X post, crypto analyst CasiTrades revealed that $1.90 has become a major resistance to the XRP price. She noted that the altcoin’s price fell to around $1.61 following the Black Monday crash on April 7. This low is said to have made new extremes on the RSI across the market, and it was just shy of major support.  Related Reading: XRP Flashes Descending Trendline, Why A Surge To $4 Is Still In The Cards The XRP price has since rebounded to test the $1.90 level, which CasiTrades affirmed is a major resistance at this point. She remarked that the next support is $1.55, the golden .618 retracement. The analyst added that this price action is exactly what sets up the kind of Wave 3 that breaks through all-time highs (ATHs).  In line with this, CasiTrades claimed that if the XRP price bottoms near $1.55, it would actually strengthen the bullish case for a rally to between $8 and $13 this month. She believes that XRP would easily break the resistance around its ATH on this Wave 3 and possibly send it to as high as $13.  At the time of writing, the XRP price is trading at around $1.8, up over 10% in the last 24 hours, according to data from CoinMarketCap. Featured image from Medium, chart from Tradingview.com

Renowned market analyst Egrag Crypto has shared another puzzling XRP price prediction stating the altcoin is at a major technical crossroads. This development follows a resilient price performance in the past week during which XRP gained by 2.07% as the broader crypto market stands bullish despite the announcement of new US trade tariffs. Related Reading: Cardano (ADA) At A Crossroads As Fibonacci Level Indicates Potential Fall To $0.42 Ascending Wedge Signals Incoming Volatility — Which Way Will XRP Break? In an X post on April 5, Egrag Crypto issued a dual price forecast on the XRP market based on the potential implications of a forming Ascending Broadening Wedge pattern. Also known as the megaphone pattern, the chart formation signals increasing volatility and investor indecisions. It looks like a widening triangle with two diverging trendlines, as seen in the chart below. The Ascending Broadening Wedge presents high unpredictability and offers a 70% chance of a downside breakout and a 30% probability of an upside breakout. However, despite this statistical bias, the analyst postulates the chances of an upside remain valid if certain conditions are met. According to the analyst, XRP must first close above $3.50 for a bullish scenario to start taking shape. In doing so, the altcoin would surpass the local peak of the current bull cycle and confirm intentions of an upward momentum. Following this move, XRP bulls should then aim for the $5 range—another key resistance level that could determine the asset’s next major move. Interestingly, Egrag explains that a failure to convincingly close above $5 would only be a critical development that completes the formation of the Ascending Wedge Pattern and increases the likelihood of a breakout. If this rejection occurs, XRP is expected to retest the $1.90 area and make a second push toward the $5, this time breaking through and closing above $6. Egrag states the breakout above $6 would validate the bullish run and likely spark a surge toward double-digit territory with a potential target at $17.50 based on the Ascending Wedge Pattern. However, should XRP bulls fail to meet these conditions or follow this sequence, the historical 70% chance of a breakdown points to a downside target of around $0.65. Related Reading: Ethereum, Solana And Cardano Trend After Crypto Crash – Here’s What You Should Know XRP Price Overview At the time of writing, XRP trades at $2.14 reflecting a price gain of 0.60% in the past day. Meanwhile, the token’s trading volume is down by 62.92% in the past day indicating a fall in market engagement and a declining buying pressure following the recent market gain. In making any significant uptrend, XRP bulls must first reclaim the following resistances at $2.47 and $2.61 while avoiding any slip below the $2 support zone. Featured image from Outlook Business, chart from Tradingview