Price Prediction for XRP: Will $XRP Reach $15?

XRP from Ripple has once again become the center of attention in the crypto market, with strong growth momentum leading traders and investors to question how bullish this currency can actually become. After many months of sideways movement and regulatory uncertainty, the daily XRP price chart is now showing signs of a strong breakout, raising new speculation that this cryptocurrency could reclaim its previous peak — or even rise to double-digit levels. With new technical signals continuously emerging and buyers flocking back, the question everyone is asking is very simple: Can the price of XRP actually reach the $15 mark in this cycle, or is this just a temporary bullish rally? XRP Price Prediction: What Does the Daily XRP Chart Tell Us?

Looking at the current daily chart, the price of XRP has increased by more than 8% in the latest trading session, closing near $2.68 with a daily high of $2.84. The Heikin Ashi candle shows strong bullish momentum with a larger green body and a small lower shadow, confirming the prevailing bullish trend. An important technical factor is the Relative Strength Index (RSI), which is currently above 79, signaling a strong overbought region. Historically, XRP's price has shown that RSI above 75 often indicates short-term pullbacks before continuing the trend. This suggests that although the buyers are in control, a strong correction could be imminent to attract new buying pressure. Can the Fibonacci level support a further bullish trend? The Fibonacci retracement levels displayed on your chart are perfectly drawn to outline the potential next moves. The recent breakout easily surpassed the 0.618 level around $2.40 and tested the resistance level just below $2.85. If XRP holds above the $2.40–$2.50 range, the next Fibonacci extension levels will come into play. For example, applying the standard Fibonacci extension from the recent low of ($1,50) to the high of ($2,85) will give an extension of 1.618 at around $4.20: Expansion 1.618 = 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 preliminary forecast suggests that if XRP maintains its bullish momentum, $5 could be a realistic medium-term target - before any discussion of the $15 level. Is the Price Level $15 Really Feasible in This Cycle? To reach $15, the price of XRP must increase by 450% from its current level. Historically, XRP has experienced explosive bullish trends in a short period. During the bullish run in 2017, XRP surged from below $0.25 to over $3.50 — an increase of 1,300% in just a few weeks. If speculative energy similar to that returns - driven by positive news about regulations or widespread acceptance by banks - then a price increase to $10–15 is not impossible. A parabolic move may well coincide with Bitcoin testing new all-time highs, pulling along major altcoins. However, with the RSI indicator currently being overextended, the current move needs to consolidate and establish a new higher base. Without healthy corrections and re-accumulations, the bullish momentum risks being extinguished. What Should Traders Pay Attention to Next? The important levels to monitor are: Support: $2.50 and $2.40 — if the XRP price holds these levels, the buyers will still maintain control. Immediate resistance level: $2.85 — any daily close above this level will pave the way to $3.20. RSI cooling down: RSI dropping below 70 will signal a good re-entry opportunity for traders who are on the sidelines. XRP Price Prediction In the short term, the price of XRP is likely to test the $3 level and may rise to $4–5 in the coming months if it breaks through the current resistance level. For the price of XRP to reach $15 in this cycle, the crypto market as a whole must return to its peak period, with clear legal victories for Ripple against regulators. Currently, the bullish momentum is strong, but traders should monitor short-term corrections. Keeping an eye on daily closing levels above $2.85 will be crucial to confirm any sustainable moves towards the double-digit range. $XRP {spot}(XRPUSDT)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)