Ripple's currency $XRP has once again become the center of attention in the cryptocurrency market, benefiting from a strong upward wave that has traders and investors wondering how high this currency can go. After months of sideways movements and regulatory uncertainty, the daily chart for XRP's price now shows signs of a strong breakout, sparking renewed speculation that the currency could reclaim its old high levels—or even push into double-digit territory. With new technical signals emerging and buyers flowing back in, the question on everyone’s mind is simple: Can XRP realistically reach $15 in this cycle, or is this just another temporary push?

Price prediction for $XRP

: What does the daily chart of XRP's price tell us now?

XRP/USD Daily Chart

Looking at the current daily chart, XRP's price has risen over 8% in the last session, closing near $2.68, with a daily high of $2.84. Heikin Ashi candles show strong bullish momentum with larger green bodies and minimal lower wicks, confirming a dominant upward trend.

One important technical factor is the Relative Strength Index (RSI). The Relative Strength Index is currently above 79, indicating a significantly overbought area. Historically for the price $XRP , the RSI above 75 often precedes short pullbacks before the trend continues. This suggests that while the bulls are in strong control, a healthy correction may be imminent to accumulate new buying pressure.

Can Fibonacci levels support further upside?

Visible Fibonacci retracement levels on your chart are ideally drawn to sketch potential next moves. The recent breakout easily surpassed the 0.618 level (~$2.40) and tested resistance just below $2.85. If the price of Ripple (XRP) holds the $2.40-$2.50 level, it will begin applying the next Fibonacci extension levels.

For example, applying the standard Fibonacci extension from a recent swing low ($1.50) to a swing high ($2.85), the 1.618 extension is expected at around $4.20:

1.618 extension = swing high + 1.618 × (swing high - swing low) = 2.85 + 1.618 × (2.85-1.50) = 2.85 + 1.618 × 1.35 = 2.85 + 2.18 = ≈ $5.03

This approximate forecast indicates that if Ripple's price maintains its momentum, $5 could be a realistic target in the medium term—before any talk of $15 for a long time.

Is $15 really possible in this cycle?

To reach $15, XRP's price must achieve a gain of 450% from current levels. Historically, XRP has managed to achieve massive highs in short time frames. During the 2017 bull run, XRP jumped from below $0.25 to over $3.50—a 1300% increase in just weeks.

If similar speculative energy returns—driven by positive regulatory news or major banking adoption—the transition to $10-$15 is not impossible. This corresponding movement is likely to align with Bitcoin testing new all-time highs, drawing along major altcoins.

However, with the RSI now exceeding the maximum, the current movement must consolidate and establish a new higher base. Without a healthy pullback and reaccumulation, the rise risks burning out.

What should traders watch for next?

Key levels to watch are:

Support: $2.50 and $2.40 - if XRP's price holds these levels, the bulls will remain in control.

Immediate resistance: $2.85 - any daily close above this level opens the way towards $3.20.

Declining RSI: A drop in the RSI below 70 indicates a good return for traders who are eagerly waiting.

Final price prediction for XRP

In the short term, XRP's price is likely to retest $3, potentially heading towards $4-$5 over the coming months if it breaks the current resistance level. For XRP’s price to reach $15 in this cycle, the broader cryptocurrency market must return to peak activity, with clear legal victories for Ripple against regulators.

Currently, momentum is strong, but traders should keep an eye on short-term pullbacks. Monitoring daily closes above the $2.85 level will be crucial to confirm any sustainable move towards the double-digit territory.

#BTCBreaksATH #ETHBreaks3k #ShariaEarn #TrendTradingStrategy #FOMCWatch