The cryptocurrency landscape is buzzing with anticipation around XRP, especially as it hovers around the $2.30 level. With ongoing market volatility, many investors are looking to social media and expert analysis for insights. Recent chatter indicates a growing belief that XRP could make a leap into double digits, with various analysts forecasting a potential surge towards $20 and even higher, fueled by both technical analysis and speculative sentiment.
Analyst Predictions Create Buzz
One influential figure leading the optimistic charge is known as JackTheRippler, who boasts an impressive following of nearly 390,000 on X. Recently, he proclaimed that XRP is set for an unannounced surge. This sentiment aligns with how XRP has historically exhibited sudden price spikes, reminiscent of the dramatic increase witnessed in Q4 2024, where it approached its historical peak.
In his latest post, he included a chart demonstrating a classic Elliott Wave structure. His analysis suggests that XRP has completed the first wave and is now in a corrective phase. He argues that if the anticipated wave count remains true, we could see an explosive surge characterized by wave (iii), possibly pushing prices towards $16 before a brief consolidation. Finally, wave (v) might elevate XRP to an astonishing $30+ range.
Deconstructing the Next Phase of XRP
Adding another layer to the bullish narrative is trader STEPH, who shared a different but equally promising take on XRP’s potential trajectory. His analysis differs in that he breaks down the expected rally into three primary phases: Pump 1, Pump 2, and the anticipated final surge.
His weekly candlestick chart indicates that after two significant bullish phases throughout the cycle since July 2024, XRP has been in a consolidation phase for about 16 weeks. This, he suggests, is merely a brief respite before the next substantial increase.
According to STEPH, XRP is currently coiling beneath the $3 mark, situated in a range formed since early 2025. He forecasts a final surging phase, with targets projected within the $25 to $40 range. However, he emphasizes that achieving these figures requires robust market movement.
The predictions made by both analysts show an exciting potential for a bullish future in XRP. Their price targets ranging from $20 to above $30 must be met with strong market indications and confirmation. A breakout above the crucial $3.40 level, particularly accompanied by high trading volume, could signal substantial interest, inviting fresh inflows into XRP and possibly revitalizing the market.
For now, XRP is consolidating, trading at approximately $2.29, reflecting a modest decline of 0.3% over the last 24 hours, as speculative enthusiasm continues to brew among traders and investors alike.
