XRP is once again in the spotlight after a decisive breakout that sent its price soaring over 40% in a single week.
Currently trading around $3.45, the surge marks XRP’s return to levels not seen since its historic 2018 highs.
This latest rally follows a period of consolidation and appears to be driven by institutional inflows, increasing regulatory clarity, and renewed investor confidence across the broader cryptocurrency landscape.
XRP’s market capitalization has jumped from $185 billion to over $215 billion within days, accompanied by a spike in 24-hour trading volume surpassing $23 billion. XRP coin price action is now closely watched, with analysts pointing to key technical patterns and historical comparisons that suggest even greater upside.
Lark Davis: “This Breakout Was Juicy”
Renowned crypto analyst Lark Davis has become a prominent voice in the XRP news today. In a recent podcast, Davis described the token’s breakout from a symmetrical triangle that had been forming since early 2024. “This breakout was juicy,” he said. “We’ve been watching XRP coil for months. Now it’s game on.”
Lark Davis identifies $4.10 as XRP’s technical target from a triangle breakout, with a Fibonacci extension suggesting a potential peak at $4.68. Source: Lark Davis via YouTube
According to Davis, XRP has flipped the psychologically important $3 level from resistance into a potential support zone. This could serve as a launchpad for new all-time highs, provided the level holds during market retracements.
Short-Term Targets: $4.10 to $7 Within Reach?
Davis’ technical analysis projects a short-term target of $4.10 based on the height of the symmetrical triangle. A Fibonacci extension supports a further move to $4.68, while options market data suggests a 19% probability of XRP hitting $4.50 by September.
Analyst Lark Davis believes a $150K Bitcoin could make an XRP price of $4.50 to $7 a realistic target. Source: Lark Davis via YouTube
Importantly, Davis speculates that if Bitcoin reaches $150,000, XRP could realistically surge to $7. “That’s when things get interesting for XRP prediction,” he added.
XRP Price Prediction 2025: Eyes on $16
Adding further bullish sentiment, on-chain analyst TradingShot has pointed to a breakout from a 7-year symmetrical triangle pattern on XRP’s weekly chart. A confirmed close above $3 on the weekly timeframe would validate the breakout and suggest a broader bull market is underway.
XRP has broken out of a 6-month triangle pattern, mirroring its 2017 setup, with technicals now pointing toward a potential parabolic rally to $8.50 by year-end. Source: TradingShot on TradingView
Analyst Ali Martinez identifies possible targets at $6, $8.96, and even $16.17, using historical price movements and triangle breakout measurements as benchmarks. He also highlighted a rare occurrence of the MVRV (Market Value to Realized Value) golden cross. This indicator, which compares market value to average on-chain purchase price, last appeared before XRP rallied 630%.
While technical indicators offer bullish implications, analysts caution that the crypto market remains volatile. Past patterns do not guarantee future results, particularly in a sector that reacts strongly to global economic and regulatory changes.
Why This Breakout Matters: Echoes of 2017
This isn’t just another price rally. XRP’s current setup strongly resembles its historic breakout in 2017. Back then, XRP broke out from a similar triangle pattern and skyrocketed from under a cent to $3.30 within months.
XRP was trading at around $3.45, up 6.5% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
Peter Smith, a crypto analyst at The Tradable, noted: “This rally feels like a carbon copy of 2017. XRP had a multi-year squeeze. It broke out, and now it’s got clear skies above.”
As Bitcoin struggles near $120,000, XRP appears to be charting its course. With strong technical support, growing institutional interest, and favorable regulatory momentum, many in the XRP community believe this could be the beginning of a significant long-term uptrend.
Ripple Price Prediction: What Comes Next?
Looking ahead to 2025, several models place XRP price prediction 2025 in the $7 to $16 range. Some more aggressive forecasts go even further, speculating a move to $20 or beyond if market conditions align.
Despite the bullish outlook, XRP price could retest the $3 psychological support following a potential short-term correction. Source: Tr8dingN3rd on TradingView
Ripple Labs continues to expand partnerships, particularly in cross-border payments. Meanwhile, the XRP Ledger remains one of the most active and efficient decentralized networks, a key strength as the crypto industry matures.
With positive updates in the Ripple vs. SEC case and increasing support for digital asset legislation such as the GENIUS Act, many believe regulatory clouds are beginning to lift—adding fuel to the bullish XRP price forecast 2025.
Final Thoughts
While short-term corrections are likely, sentiment remains overwhelmingly bullish for XRP today. Historical patterns, technical signals, and improving fundamentals suggest that XRP price could continue its upward trajectory.
The big question now is: Will XRP go up to $16 or beyond? Only time will tell, but traders and investors are watching closely. As always, caution and thorough research remain essential in the fast-moving world of crypto.
Source: https://bravenewcoin.com/insights/ripple-price-prediction-xrp-rally-reignites-as-analyst-lark-davis-eyes-7-breakout-could-xrp-price-hit-16-next