XRP is geared up for a massive growth in market cap as analysts predict a price surge to $25 amid a “W” pattern breakout and historical patterns.
XRP investors are eyeing huge potential gains thanks to the coin’s historical price action, which appears promising. As of press time, XRP is trading at $2.28, a 1.98% increase in price per CoinMarketCap. The coin’s trading volume has also surged 5.64%, indicative of heightened buying interest.
XRP’s Bullish Setup
XRP’s current setup on the 1-month chart points to a massive breakout ahead. Analysts predict that the current rare “W” pattern and a sustained key support above the coin’s previous all-time highs. Besides a shifting market sentiment, historical patterns indicate a long-term bullish momentum partly fueled by Ripple Labs’ fundamental market developments and role in mainstream crypto adoption.
Source: X
According to EGRAG Crypto on X, from 2017, moving from Fib 1 to Fib 1.1618, XRP surged 242%, as a historical indicator of the coin’s behavior. Considering logarithmic moves, the analyst has predicted the market cap to hit $1.5 trillion, suggesting that XRP’s price tag could hit $25 in the long run.
The “w” pattern often indicates a bullish reversal. With XRP remaining above the Fib 1 level since December 2024, its non-logarithmic move points to $4.5 in the short-term gains. However, based on historical moves, $7-$17 appears as the realistic mid-term targets if the bulls hold strong. The market sentiment is gradually shifting as long-term investors show renewed optimism toward XRP in 2025.
<p>The post Assessing XRP’s Rally to $25- Will THIS Setup Hold? first appeared on Coin Crypto Newz.</p>
