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As per expert analysts, the XRP pricing is exhibiting renewed bullish energy, with forecasts suggesting a possible surge to the 1.618 Fib at $21 this bull cycle. Although this outlook may appear ambitious, the analyst’s optimistic perspective extends further. Once XRP reaches $21, it is anticipated to maintain its upward trend toward its next goal of $152.
XRP Price Targets Robust Breakout to New Points
A recent technical evaluation of XRP’s long-standing price chart is generating considerable excitement in the cryptocurrency community, as the altcoin seems to be forming a recognizable pattern that has previously resulted in significant gains. The chart, shared by renowned crypto analyst, Javon Marks, indicates that XRP might be on the verge of a substantial price breakout, with anticipations directed toward the $21 price zone and beyond.
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Marks’ evaluation identifies two primary symmetrical triangle patterns in XRP’s pricing history—one that came before its rapid ascent in 2017 and another that concluded with a new breakout in 2024. During the earlier cycle, XRP soared several thousand percent following its breakout from its consolidation phase, reaching near the 2.272 Fibonacci level. This historical price movement is now employed to predict what might follow for the altcoin.
The chart indicates that XRP recently climbed to the 1.0 Fibonacci level near $3.31 but reverted back toward $2. If the current cycle reflects the previous one, Marks estimates that the next notable level of attention lies at the 1.618 Fibonacci Extension level, which coincides with the $21 price goal. Significantly, a leap to this double-digit range would signify an over 800% surge from present levels around $2.23.
Nonetheless, Marks’ positive projection doesn’t stop there. If XRP replicates the complete extension it executed in the past, the price is projected to reach the 2.272 Fibonacci level once again, this time approximately at an astounding $152. Although this forecast may appear extravagant, the analyst has demonstrated strong confidence in XRP’s future price trajectory, leveraging past price movements as a guide and technical indicator to assess the altcoin’s potential for growth.
Analyst’s XRP Projection Encountered with Doubts
On one side, Marks’ optimistic XRP price forecast was met with enthusiasm, while on the other hand, many members of the crypto community voiced skepticism regarding the overly ambitious targets. The expectation of a shift to $21 and possibly even higher to $152 has been received with caution and doubt among community participants.
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While historical trends can offer a pathway to a potential price surge, critics responding to Marks’ evaluation argue that achieving triple-digit territory is nearly impossible for XRP at this time. One participant proposed that a more attainable target for the altcoin lies between $13 and $20. Others questioned the practicality of reaching these optimistic targets within the suggested timeframe, debating whether it might occur by the end of 2025 or even Q1 2026.
Featured image from Getty Images, chart from Tradingview.com
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