XRP Price Prediction: 70% Surge Possible from Wyckoff Pattern

XRP price prediction is drawing attention as technical analysts point to a potential 70% rally if a Wyckoff reaccumulation pattern currently observed on charts comes to completion. According to crypto analyst Tony “The Bull”, this setup signals a strong bullish breakout could be on the horizon for XRP.

In his recent assessment, Tony outlines how XRP’s price movements over the past couple of years resemble the Wyckoff reaccumulation schematic. This classic trading model consists of a consolidation phase following a prior uptrend and often precedes another substantial price increase. The XRP price action appears to be closely mirroring the structure of this pattern, especially after the recent support confirmation at the $0.50 level.

“This mid-point of the pattern suggests accumulation beneath the surface,” the analyst explained, hinting that institutional investors might be positioning themselves for a larger move once resistance levels are breached. Despite ongoing legal friction involving Ripple, XRP’s parent company, the asset continues to trade within a range that encourages speculation about its breakout potential.

Should the Wyckoff formation complete successfully, XRP may rally as much as 70%, Tony argues. This estimated jump would correspond with a target zone around $0.90 – a level it hasn’t seen consistently since 2021. Such projections rely on historical performance and pattern recognition rather than external market changes, so traders are advised to proceed with caution.

Still, market sentiment among XRP holders remains optimistic. Over the past few weeks, XRP has shown signs of resilience, shaking off minor market dips and maintaining stability amidst broader altcoin fluctuations. This consistent performance bolsters support for the accumulation theory underpinning the Wyckoff model.

From a technical point of view, the current price structure reveals higher lows and a tightening range—classic characteristics of pre-breakout activity. Should buying pressure intensify and volume increase in tandem, it could validate the bullish thesis further. Analysts stress, however, that a failure to escape this consolidation zone might negate the bullish outlook entirely.

It’s also worth noting that while chart patterns can offer insights, market fundamentals—including regulatory developments and broader investor sentiment—play a critical role in influencing asset prices. And with the ongoing SEC lawsuit against Ripple still unresolved, external factors could temper or accelerate XRP’s next big move.

Despite these risks, traders and long-term investors eyeing XRP’s next direction may find value in closely following this technical indicator. For now, all eyes remain fixed on the critical resistance zones between $0.60 and $0.66, which, if broken, could catalyze the upward momentum predicted in Tony’s analysis.

Whether or not XRP fulfills its bullish promise hinges partially on broader market behavior. Should Bitcoin and Ethereum sustain upward movement, altcoins like XRP would likely benefit from the overall positive momentum. Conversely, any sharp correction in the major cryptos might delay or disrupt XRP’s breakout potential.

Related: $2.3 Trillion Liquidity Shock: Franklin Templeton Says XRP Is Next in Line for Massive Inflows

In summary, XRP is currently trading at a pivotal juncture. If the Wyckoff reaccumulation pattern proves valid, the possibility of a significant price jump—estimated at 70%—becomes increasingly plausible. As always, investors are encouraged to combine technical signals with careful risk management and to monitor both chart developments and broader market dynamics closely before making any significant decisions.