Market experts reveal technical insights suggesting XRP's bullish journey is far from over.
Market experts are closely monitoring XRP’s price action, and some believe that the coin’s bullish journey is far from over. One market expert, who goes by the handle “Ali Martinez,” has shared his technical analysis, which suggests that XRP could hit $15 by the end of 2025.
Martinez’s projection is based on the breakout of a symmetrical triangle pattern on XRP’s monthly chart, which he interprets as a strong indicator of bullish momentum. The symmetrical triangle has encapsulated XRP’s price action since its collapse from an all-time high of $3.80 in early 2018. Over the years, the coin endured a lengthy consolidation phase within the structure. A failed breakout attempt occurred in April 2021, with XRP facing stiff resistance near $2. However, the breakout in November 2024, fueled by renewed market optimism, has rekindled hope for XRP bulls.
According to Martinez, the recent breakout could elevate XRP’s value fivefold from its current price, surpassing $15. XRP has already retested a critical resistance level at $3.40, further validating the bullish trajectory.
Some critics, such as crypto trader “Tribal Trader,” have expressed skepticism about the possibility of XRP reaching $15, considering the massive market cap that would be required to sustain such a price. At $15 per coin, XRP’s market capitalization would be around $860 billion, which is double Ethereum’s current valuation.
However, Martinez countered this skepticism by pointing out that XRP already boasts a higher market cap than financial powerhouse BlackRock. Ripple’s market cap currently stands at $180 billion, eclipsing BlackRock’s $155 billion, despite the latter managing over $11.6 trillion in assets. According to Martinez, “If market cap were a limiting factor, XRP surpassing BlackRock wouldn’t have been possible.”
The recent legal win against the U.S. SEC has played a crucial role in XRP’s price appreciation. The court’s decision to classify XRP as a digital asset has cleared the way for institutions to adopt the coin. Financial institutions are exploring Ripple’s blockchain solutions for cross-border payments, which adds to the utility of XRP in global finance.
Moreover, large-scale investors, known as Whales, have been accumulating XRP over the long term. This activity creates bullish sentiment and drives price momentum. Martinez’s prediction aligns with these developments, which is further supported by rising trading volumes and positive technical indicators like the Relative Strength Index (RSI).
Throughout 2024, Martinez has been tracking XRP’s bullish history. In November, as XRP reclaimed $1 for the first time in three years, Martinez projected a climb to $2—a prediction that came to fruition within weeks. His subsequent forecasts, such as XRP reaching $4, are also inching closer as the coin crossed the $3 milestone in December.
While his $15 target remains ambitious, Martinez’s reliance on technical patterns, coupled with broader market dynamics, lends credibility to his outlook.
