XRP aims at reaching $8.08 following its escape from a daily triangle configuration.
After breaking out from a large triangle pattern, XRP is currently trading near $3.12, marking a significant move in the cryptocurrency market. This breakout, which occurred near $1.23, has sparked a wave of optimism among technical analysts and crypto enthusiasts.
The current wave structure projects the development of a strong wave (iii), suggesting that the bullish momentum could continue. This wave structure is being closely tracked by traders for signs of sustainability, with each stage of the wave marked by clear pivots that align closely with Fibonacci retracement and extension levels.
The triangle's breakout measurement now points toward $8.08 as a potential target for XRP. If this target is reached, it would represent a significant increase from the current trading price. However, reaching double-digit price zones (above $10) before year-end remains uncertain and subject to conditions.
Several technical analysts and crypto influencers employing wave theory and Fibonacci retracement/extension levels highlight a bullish setup for XRP, with possibilities of reaching $20 to $30 by the end of the current cycle. Notably, one prominent analyst known as "XRPunkie" points to a breakout from a multi-year symmetrical triangle (since 2017) as a pattern suggesting an explosive rally that could push XRP above $20 before year-end 2025.
However, more conservative institutional forecasts based on technical and fundamental factors indicate year-end XRP prices around $2.35 to $5.87, generally below double digits. These views factor in near-term pullbacks and market volatility, though they acknowledge bullish drivers like ETF approvals, regulatory clarity, and strong institutional accumulation at current levels (whale wallets at all-time highs) that underpin optimism for a longer-term rally.
The volume profile shows a thick cluster of activity between $0.47 and $0.75, confirming it as a foundational base for the current rally. The MACD and RSI indicators suggest bullish momentum with oscillators trending upward.
The potential targets for XRP are $4.14, $6.70, and $8.08 based on Fibonacci extensions. A small correction traced wave (ii) just below the $2.50 region, and the completion of wave (ii) occurred near $0.59.
The move toward $3.07 came with increased confirmation, marking the wave (i) peak. The chart illustrates a textbook Elliott Wave pattern beginning from late 2024 through July 2025. The triangle formation that followed appears to be part of wave (iv) consolidation. The Fibonacci retracement level at $1.53, 0.5 at $1.23, and 0.618 at $0.96 serve as structural support for the current XRP uptrend.
In conclusion, XRP reaching double-digit price zones before year-end 2025 is plausible based on current wave and Fibonacci technical analysis but remains an optimistic scenario dependent on sustained bullish momentum and favorable market conditions. More conservative estimates foresee a modest price consolidation or moderate gains below $10 by year-end.
[1] Institutional Forecast: [Link to Source] [2] Retail/Crypto Forecast: [Link to Source] [3] Wave and Fibonacci Analysis: [Link to Source]
- The bullish setup for XRP, as predicted by wave theory and Fibonacci retracement/extension levels, might lead to potential XRP prices ranging from $20 to $30 by the end of the current cycle, according to technical analysts and crypto influencers.
- Traders are closely monitoring the wave structure of XRP for signs of sustainability, as each stage aligns with Fibonacci retracement and extension levels, and the triangle's breakout measurement points toward a potential target of $8.08, indicating a significant increase from the current trading price.
