XRP Poised for Major Rally, Analyst Predicts Record Highs

XRP is entering a potentially explosive phase, according to top crypto analyst CryptoWZRD, who believes the only direction left for the asset is upward. As XRP breaks through key resistance levels, market watchers are increasingly optimistic about its future path.

This week, XRP surged past $2.61 for the second time, marking a 22% gain over the past seven days. The renewed strength has reignited discussions among analysts about whether the token is on track to beat its historic high of $3.00.

CryptoWZRD, a well-known voice in the space, has confidently stated that XRP now follows an “up-only” pattern. In a recent post, he emphasized that the token’s ability to hold firm during earlier market retracements—particularly its resilience at the $1.60 level—has set the stage for significant upward momentum. Since bouncing from that zone, XRP has soared by over 60%.

CryptoWZRD presented a comprehensive weekly chart of XRP dating back to 2014, showcasing how the asset historically breaks out after extensive consolidation phases. The chart indicates that, just as XRP catapulted to record highs in 2017 following a multi-year lull, another similar breakout may now be underway after five-plus years of sideways movement since its 2018 peak.

Based on historical patterns and current strength, his analysis forecasts XRP climbing to approximately $5.90, translating to a potential 126% gain from current prices. If XRP were to reach this level, its market capitalization would top $345 billion, surpassing Ethereum’s current standing of about $317 billion. This leads to speculation on whether XRP might eventually flip Ethereum, although such a development wouldn’t come without resistance, especially given ETH’s 43% surge this past week—twice that of XRP.

Multiple Analysts Offer Bullish XRP Forecasts

The bullish sentiment around XRP isn’t limited to CryptoWZRD.

Abdullah Nassif, host of the Good Morning Crypto podcast, also expressed strong confidence in XRP’s trajectory. Known on social media as Abs, he highlighted XRP’s emerging momentum and solicited projections from the community. His technical chart showed ambitious Fibonacci-based targets at $8 and $27. These figures align with the 1.272 and 1.618 Fibonacci extensions—technical thresholds that previously played key roles during the 2017–2018 bull run.

Other traders are using broader market dominance metrics to gauge XRP’s potential. Analyst DK64Trades pointed to XRP’s current ~5% market dominance, a sharp contrast to its peak 31% during 2018. He contends that a return to such dominance could push XRP above $10 this year. His reasoning draws on similarities in market structure and capital flow cycles that fueled XRP’s dramatic rise years ago.

Going even further, analyst Capt Toblerone took a macroeconomic view of XRP’s future valuation. He projected that if the total cryptocurrency market reaches $35 trillion and XRP captures a meaningful share, the token could command a valuation as high as $1.25 trillion. This bullish scenario would translate into an XRP price near $22 per coin.

Related: Expert Advice: Sell XRP If You’re Confused

While predictions vary in magnitude, one consistent message resonates across the crypto analyst community: XRP is breaking out of a long slumber, and the momentum behind it may be more than just a passing rally. With strong fundamentals, potential for increased market share, and a history of impressive surges after lengthy consolidations, XRP appears positioned for significant upside in the imminent future.