Recent trends in the cryptocurrency market indicate a notable resurgence for XRP (Ripple), with analysts projecting potential price targets that could significantly impact investors and traders alike. Over the past week, XRP has experienced an impressive 15% increase from a low of $1.61, leading many to speculate about the next phases of its price movement.
According to various technical analysts, XRP must maintain a daily close above $2.20 to signal a credible shift in market sentiment. Achieving this level could mark a robust trend reversal, opening the door to the possibility of XRP hitting double digits.
Importance of the $2.20 Level
The recent relief rally in the cryptocurrency market, spurred by US President Donald Trump’s announcement regarding tariff exemptions for technological products, has contributed to increased optimism among traders. Popular analyst DOM noted that XRP’s retest of support at $1.96 has allowed it to reclaim a crucial “value area” above $2.00, established back in December 2024.
In this context, DOM stated, “$2.20 is now the only objective here,” emphasizing that surpassing this target would likely pave the way for further upward movement to $2.50. The accompanying technical charts reveal that XRP has also regained the election VWAP (Volume Weighted Average Price) at $2.03, suggesting that further gains could be likely.
If $2.00 and election VWAP stay as support, this chart looks very constructive.
Future Projections: $10 and Beyond
As XRP’s price continues to gather momentum, anonymous crypto analyst Maelius has suggested that XRP could potentially reach $10, with an “optimistic” target ranging from $15 to $20 based on the Elliott Wave Theory reflected in the weekly time frame chart. According to Maelius, the present price action and RSI are reminiscent of the market cycle observed in 2017, implying that the current cycle could replicate similar upward movements.
Conservative case assumes XRP has completed its W3, currently in the process of finalizing W4, before expanding to a final W5.
Maelius also mentioned that if the cycle continues to mirror previous trends, the projected W5 target could align with $10 by year-end. He cautioned, however, that there could be potential shifts in the timeline, possibly extending W5’s peak into the first half of 2026 with elevated price targets of $15-$20 or more.
Market Dynamics: A Bullish Outlook
Fellow analyst XForceGlobal has echoed similar sentiments, observing that XRP remains in a “major bull market” and is distinctively outpacing momentum compared to the broader cryptocurrency market. As various technical indicators align, XForceGlobal indicates that XRP could be on a trajectory toward its all-time highs.
If all the ideas align together with even the simplest technical analysis, there is a very good chance that we’re going to work toward all-time highs at the minimum expectation.
With additional reports indicating that XRP’s symmetrical triangle pattern may suggest a rally toward new all-time highs exceeding $3.50, it remains clear that the outlook for XRP is currently upbeat.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research before making any decisions.
