XRP Price Forecast: Analyst Predicts $8 Peak in Current Market Cycle

A prominent chart technician known as "Charting Guy" has projected that XRP could reach a peak of $8 in the current market cycle. The analysis, based on four-hour chart data from BITSTAMP, suggests a rapid surge through critical resistance levels at $3 and $4.20 before settling near the $8 mark. The analyst notes that this target aligns "coincidentally" with their primary cycle projection. The report also dismisses more bullish predictions, emphasizing a tempered outlook despite the optimistic momentum. As of April 2025, this forecast provides a measured yet promising perspective for XRP investors.

XRP Price Projection: Analyst Predicts $8 Peak, Dismisses Double-Digit Hopes

Chart technician "Charting Guy" forecasts XRP’s climb to $8 this cycle, based on four-hour chart analysis using BITSTAMP data. The asset is expected to surge rapidly through key levels at $3 and $4.20 before peaking NEAR $8—a target the analyst calls "coincidentally" aligned with their main cycle projection.

The report bluntly dismisses more optimistic predictions. "To all the people saying $8 isn’t high enough," the analyst remarked, "please throw your brain in the dryer after it got washed by all these influencer moonboys." This sardonic commentary challenges the prevailing hype around exponential price movements.

Ripple (XRP) Tests Key Support Level as Bulls Eye $3 Threshold

XRP consolidates above the $2 support level, signaling potential for upward momentum. Market participants now target the $2.6 resistance, with a breakout likely triggering a rally toward the psychologically significant $3 level.

The $3 mark presents a formidable barrier—historical price action shows consistent rejection at this threshold. A successful conversion of this level into support would open new bullish territory, though sellers remain poised to defend the resistance zone.

Technical indicators strengthen the bullish case, with the 3-day MACD flashing a decisive golden cross. This momentum signal typically precedes extended rallies when accompanied by rising volume.

XRP Surges Amid Altcoin Market Rally, Analysts Eye $10 Target by 2025

XRP leads today’s altcoin charge with a 7.1% daily gain, trading at $2.33 as market capitalization hits $136 billion. The token’s weekly performance outpaces broader crypto gains, fueling speculation about its long-term potential.

Technical indicators suggest sustained bullish momentum, though the $10 price target remains contingent on regulatory clarity and institutional adoption. Trading volumes approaching $5 billion demonstrate renewed market interest, particularly among retail investors.

XRP Price Targets $2.51 Amid Technical Breakout

XRP shows bullish momentum as analysts project a 20% surge toward the $2.51 resistance level. The altcoin’s retest of its breakout zone suggests potential for new highs if the current support holds.

Crypto analyst Liam identifies $2.15803 as the immediate resistance, with $2.29387 and $2.40995 forming subsequent barriers. Support levels at $2.18880 and $2.08373 remain critical for maintaining upward trajectory.

SEC Approves ProShares XRP Futures ETFs, Set for April 30 Launch

The U.S. Securities and Exchange Commission has cleared ProShares Trust to introduce three XRP futures-based exchange-traded funds, marking a pivotal moment for cryptocurrency investors. The Ultra XRP ETF, Short XRP ETF, and Ultra Short XRP ETF will debut on April 30, providing indirect exposure to XRP’s price movements through futures contracts.

These ETFs will track the XRP Index, diverging from spot ETFs by focusing on derivatives rather than direct asset ownership. The approval signals growing institutional acceptance of XRP despite ongoing regulatory scrutiny.

Why Crypto Market is Going Up? Trump Tax Plan, XRP ETFs Lead

The cryptocurrency market is experiencing a bullish surge, with the global market capitalization rising 1.28% to $2.99 trillion. Trading volume spiked 19.96% to $73.15 billion, signaling renewed institutional interest.

Two key catalysts are driving momentum: speculation around potential Trump-era tax policies favoring digital assets, and growing anticipation for XRP ETF approvals. DeFi activity continues to expand, though specific protocols weren’t detailed in this report.