Ripple’s native token, XRP, could be on the verge of an explosive 8x rally—and some analysts believe that might just be the beginning. With the highly anticipated altseason peak around the corner, expectations are building across the crypto space for major gains in altcoins like XRP.
Market Reversal Sparks Optimism
In a surprising turn of events, the announcement from former U.S. President Donald Trump to suspend the ongoing tariff war brought a wave of positivity to the markets. Instead of continuing the steep 80-90% crypto price declines, markets reversed course dramatically. Both the crypto and stock markets rebounded strongly, recovering between $2.5 trillion and $4 trillion in value. This bullish recovery reignited hope for altcoin rallies—with XRP leading the conversation.
XRP’s 8x Rally May Just Be the Start
Following the tariff pause, Bitcoin dropped from $83,000 to $75,000, causing a ripple effect across other markets. Stocks plummeted by over $1.5 trillion, and altcoins like Ethereum (ETH), Cardano (ADA), and XRP also saw short-term losses. However, sentiment quickly shifted, and both crypto and stock markets bounced back.
Bitcoin surged back into the upper $80,000 range, while altcoins began showing signs of recovery. This renewed momentum has sparked predictions that altcoins may soon follow BTC’s previous ATH-setting run from November 2024—with XRP poised for a historic breakout.
XRP Set to Hit $16.50—and Possibly $30
According to crypto analyst insights, XRP is showing a bullish chart pattern that suggests an 8x price surge is on the horizon. As shown in one analyst’s post, XRP could hit $16.50 in the coming months, fueled by the completion of its final legal discussions with the SEC. A favorable outcome could clear the path for XRP to skyrocket.
$30 XRP in This Bull Cycle?
With the SEC vs. Ripple case nearing its conclusion, market confidence in XRP continues to grow. XRP is currently trading at around $2, edging closer to its all-time high of $3.84, set nearly seven years ago.
Another analyst draws a comparison between the current XRP chart and the epic 2,600% rally seen during the 2017 bull run. He notes that if XRP retraces to the edge of a key triangle pattern—currently forming around the $1.20 mark—it could trigger a breakout toward an ambitious $30 target in this cycle.
The crypto community is watching closely, as XRP’s next major move could set the tone for the altseason’s peak phase—and potentially create new all-time highs.