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XRP has joined the recent crypto upswing after Bitcoin pushed back above the $100,000 mark. Prices have climbed into the upper end of the $2 region. That has some traders betting on much higher targets ahead. According to market observers, a mix of classic chart setups points to fresh peaks. But history also shows that big runs often come with sharp pullbacks. Related Reading Bitcoin Stays Resilient While Wall Street Stumbles – Details 1 day ago XRP Builds On Bitcoin Rally
Based on reports, the rally began when Bitcoin broke through key resistance near $100,000. XRP followed suit by rising from around $0.50 in late 2024 to about $3.30 by January 2025. That was a gain of over 500%. Since February 2025, XRP has moved sideways around $2.40. Some traders see this as a quiet pause before the next leap. Others warn that holding a narrow range can trap buyers in false breakouts. XRP is currently trading at $2.54. Chart: TradingView Parabolic Run May Set Stage
According to crypto analyst Mags, known as “the scalping pro,” this sideways action mirrors the 2017 cycle. Back then, XRP shot up from $0.0055 in March 2017 to $0.3988 in a parabolic phase. After six months of calm, the altcoin blasted to $3.40 in what he calls a blow‑off top. Now, $XRP is going to $7
Shared XRP below $0.5 before it went 6x.
The current consolidation looks similar to what we saw back in 2017-18 before the blow off top.
Expecting something similar.
easy 2-3x from here.. https://t.co/GG8uHFwRvK pic.twitter.com/b9juSGSp5y
— Mags (@thescalpingpro) May 10, 2025
Mags expects history to echo again. He predicts an ultimate price of $7.30, about 200% above today’s levels. His chart outlines four stages per cycle: first bounce, accumulation, parabolic climb, then blow‑off top. Triangle Breakout Signals Growth
Based on reports from analyst Ali Martinez, there’s another setup in play. He points to a multi‑year symmetrical triangle that ran from January 2018 to November 2024. XRP broke out of that pattern when it surged toward $2 after the US elections last year. If the governing pattern behind $XRP is this symmetrical triangle, the target could be $15. pic.twitter.com/zFICoLyu2x
— Ali (@ali_charts) May 11, 2025
Martinez figures the measured move from the triangle could push XRP to $15. That would be a 520% jump from $2.40. He adds that the current pullback may simply be the consolidation phase after the breakout. Related Reading Bitcoin’s $104,000 Peak Sparks High-Stakes Short Positions – Details 21 hours ago XRP: From $0.0028 To $3.92—And Bullish Now
XRP’s biggest peak, according to CoinCodex, came on January 4, 2018, when it hit $3.92, and its deepest drop was on July 7, 2014, at just $0.002802. After that all-time high, the token fell to a cycle low of $0.113268 before climbing back up to a cycle high of $3.38. Right now, most price forecasts for XRP are upbeat, and the market’s Fear & Greed Index sits at 70—solidly in the “Greed” zone.
Featured image from Unsplash, chart from TradingView