XRP Price Prediction: 2017-Style Breakout Pattern Sparks Bullish Momentum
XRP is showing remarkable resilience in the face of broader market downturns, with its current price action mirroring the 2017 setup that preceded its historic rally. Analysts are buzzing about the potential for a significant upward MOVE as technical patterns align with bullish fundamentals.
XRP Price Prediction: Breakout Chart Identical to 2017 Rally Sparks Bullish Frenzy
XRP has defied broader market trends, climbing 1% to $2.23 while the cryptocurrency sector fell 2% over 24 hours. The asset shows a 3% weekly gain despite a 6% monthly dip, maintaining a staggering 350% annual increase.
Technical analysts note striking parallels between the current chart pattern and the 2017 setup that preceded XRP's historic rally to its all-time high of $3.40. The weekly chart reveals an eerily similar trajectory: a springboard rally followed by summer consolidation before the late-year surge that defined the last bull cycle.
Ripple's strengthening fundamentals compound the technical case. After hitting a seven-year peak of $3.31 in January, XRP's current consolidation at $2.23 mirrors the 2017 pause before acceleration. Market veterans caution that history doesn't repeat exactly, but the structural similarities are undeniable.
XRP Price Set to Explode to $27 by 2026 as Analysts Sound Buy Alarm
XRP is capturing market attention with a bold prediction of reaching $27 by 2026, fueled by growing institutional interest and regulatory clarity. The token currently trades at $2.28, up 4.46% in 24 hours, with trading volume surging 101.61% to $2.5 billion.
Ripple's cross-border payment solutions and developer ecosystem are driving renewed confidence. Meanwhile, speculation grows about whether Remittix (RTX) could divert attention from XRP's momentum.
Ripple Price Forecast: XRP's Bullish Structure Holds Amid Web3 and DeFi Push in Japan
Ripple (XRP) stabilized NEAR $2.26 after recovering from last week's sell-off, maintaining its bullish technical structure. The sideways trading precedes high-stakes US-China trade negotiations in London. Ripple's strategic pivot toward Japan's Web3 and decentralized finance (DeFi) ecosystem signals long-term growth potential, countering recent market volatility.
XRP Price Could Surge To $15 As Crypto Analyst Predicts ‘XRP Summer’
Crypto analyst Waters Above has forecasted a potential parabolic surge for XRP, predicting the altcoin could reach $15 by July 24th. The projection, dubbed 'XRP Summer,' draws parallels to the 2017 cycle, suggesting the current price action mirrors the pre-rally phase that led to XRP's all-time high of $3.84.
According to the analyst's Elliot Wave Theory analysis, the anticipated rally to $15 WOULD mark the culmination of a seven-year Wave 5 impulsive move. Following this peak, XRP may enter another consolidation phase before attempting new highs. Waters Above previously outlined a roadmap for this surge, indicating a bottom formation by early June and a straight-line breakout to $10 after June 18th.
Ripple and Japan’s Web3 Salon Launch Blockchain Innovation Fund
Ripple has partnered with Japan’s Web3 Salon to support blockchain startups through a new funding initiative. The collaboration offers grants of up to $200,000 per project, targeting early-stage teams focused on DeFi, tokenized assets, and digital payments. A separate 1 billion XRP commitment aims to bolster development on the XRP Ledger.
Selected projects will gain access to mentorship, workshops, and regulatory guidance from industry veterans. The program emphasizes scalable technology and alignment with Ripple’s strategic objectives. This move signals growing institutional interest in fostering Web3 innovation across Asia.
XRP Price Regains Traction as Bulls Eye Key Resistance Levels
XRP has staged a notable recovery, climbing above the $2.25 support level and now consolidating near $2.32. The cryptocurrency, traded on Kraken as XRP/USD, shows bullish momentum with a newly formed trend line supporting further upside.
A decisive break above $2.32 could open the path toward $2.40, with potential for extended gains toward $2.42 if buying pressure sustains. The current price action mirrors broader market trends seen in Bitcoin and Ethereum, suggesting renewed institutional interest in digital assets.
Technical indicators reinforce the positive outlook. XRP maintains position above both its 100-hour moving average and a critical Fibonacci retracement level, while trading volume patterns confirm accumulation at current levels. Market makers appear to be building liquidity around these key price points.
