XRP has joined the recent crypto -up swing after Bitcoin has pushed back above $ 100,000. The prices have risen in the top of the $ 2 region. That has some traders who go on much higher goals that are ahead. According to Market observers, a mix of classic graphics shows new peaks. But history also shows that large runs are often supplied with sharp pullbacks.
XRP builds on Bitcoin Rally
Based on reports, the rally started when Bitcoin broke through key resistance near $ 100,000. XRP followed the example by rising from around $ 0.50 in the end of 2024 to around $ 3.30 by January 2025. That was a profit of more than 500%. Since February 2025, XRP has been moved around $ 2.40. Some traders see this as a quiet break for the next jump. Others warn that holding a narrow range can catch buyers in false pimples.
Parabolic Run can set the stage
According to Crypto analyst Mags, known as ‘The Scalping Pro’, this Sideways promotion reflects the 2017 cycle. At that time, XRP shot $ 0.0055 in March 2017 to $ 0.3988 in a parabolic phase. After six months of calm, the altcoin Stalde to $ 3.40 in what he calls a blow -off top. Now,
$ XRP goes to $ 7
Shared XRP under $ 0.5 before it went 6x.
The current consolidation is similar to what we saw in 2017-18 for the bladder.
Expect something similar.
Simple 2-3x from here .. https://t.co/GG8UHFWRVK pic.twitter.com/B9JUSGSP5Y
– Mags (@ThecalpingPro) May 10, 2025
Mags expects history to echo again. He predicts an ultimate price of $ 7.30, about 200% above today’s levels. His graph outlines four phases per cycle: first bouncing, accumulation, parabolic climb and then blows.
Triangle Breakout indicates growth
Based on reports by analyst Ali Martinez, there is another setup in the game. He points to a multi -year symmetrical triangle that ran from January 2018 to November 2024. XRP broke out that pattern when it rose to $ 2 after the American elections last year.
When the reigning pattern behind $ XRP Is this symmetrical triangle, the target can be $ 15. pic.twitter.com/zficolyu2x
– Ali (@ali_charts) May 11, 2025
Martinez thinks that the measured movement can push from the triangle XRP to $ 15. That would be a jump of 520% from $ 2.40. He adds that the current pullback can simply be the consolidation phase after the outbreak.
XRP: from $ 0.0028 to $ 3.92 – and now Bullish
XRP’s largest peakAccording to Coincodex, came on January 4, 2018, when it reached $ 3.92, and the deepest decrease was on July 7, 2014, for only $ 0.002802. After that high time it fell to a lowest point of $ 0.113268 before he returned to a cycle height of $ 3.38. At the moment, most price predictions for XRP are cheerful, and the Fear & Greed Index of the market is 70 – soluble in the “Greed” zone.
Featured image of Unsplash, graph of TradingView
Credit : www.newsbtc.com
