Could Ripple's XRP Reach New Heights? Analyst Predictions Indicate Possible Gains
Analysts see potential for XRP to rise significantly, predict new price targets, and draw comparisons to historical price movements.
XRP is currently trading just above $2.90, as analysts closely monitor technical patterns that may dictate its next movements. The daily trading volume is around $5 billion.
Although XRP experienced slight declines over the last week, analysts are optimistic about its potential upward momentum.
Elliott Wave Analysis Suggests Growth
Analyst Dark Defender has indicated that XRP has completed its fourth Elliott Wave and is transitioning to the fifth. Target price points are set at $3.33 and $3.66, with key support levels found at $2.70 and $2.64.
“#XRP in the weekly time frame closed a weekly candle yesterday. We had addressed the 4th and 5th White Waves on February 13th (Monthly Structure). 4th Wave is complete. 5th Wave is in progress. This wave can still extend into double digits.” — Dark Defender (@DefendDark) September 30, 2025
The analysis also projects Fibonacci levels at $4.17 and $5.85 for future moves. Dark Defender acknowledges a current bearish sentiment but suggests that despite recent fluctuations, XRP closed above the 50% retracement level, indicating solid support.
Cup and Handle Formation
CryptoBull has identified a cup and handle formation on the XRP weekly charts. This pattern began forming towards the end of 2024, with resistance seen at $3 earlier this year. Recent trading has suggested a handle development.
The price continues to stay above the 200-day moving average, a pivotal support line. CryptoBull stated, “Next stop $8,” if strong buying breaks the neckline at $3.
Historical Comparisons to 2017
Another analyst, CRYPTOWZRD, suggested that XRP’s current activity mirrors its bullish behavior in 2017, where protracted consolidations preceded a significant rally. Currently priced near $3.00, the key target to observe is $3.65 for breakout potential.
“It’s a question of when, not if,” CRYPTOWZRD remarked about XRP’s chances of entering a price discovery phase.
XRP Chart
In summary, XRP is trading above crucial support zones, and analysts are eyeing $3.33, $3.66, and $3.65 as necessary breakpoints in the near term for sustained upward momentum.
