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Cryptocurrency News Articles
XRP Could Hit $30 This Cycle, Analyst Claims — Here's Why
Apr 14, 2025 at 12:30 am
A well-known crypto analyst has sparked buzz in the XRP community with a bold forecast that the token could skyrocket to $30 in the current market cycle
A well-known crypto analyst has sparked buzz in the XRP community with a bold forecast that the token could skyrocket to $30 in the current market cycle — and possibly as high as $120 in the long term.
Pseudonymous TradingView analyst RizeSenpai shared a detailed breakdown on April 12, drawing striking comparisons between XRP’s price action and historical Bitcoin (BTC) trends. Using Fibonacci extensions and technical patterns, the analyst mapped out a potential path for the price to follow in the months ahead.
“XRP has recently broken above its previous all-time high resistance and has been consolidating above it for several months — this is exactly how BTC behaved before its explosive rally.”
The Fibonacci Roadmap
According to the chart analysis, Bitcoin previously surged from its breakout level to its 1.618 Fibonacci extension at around $61,800, before peaking at the 1.902 level. If XRP mirrors this move:
RizeSenpai also identified two critical resistance levels for XRP to break through:
At its current price of around $2.15, XRP would need to gain over 1,200% to hit $30 — a level that would place its market cap on par with Bitcoin’s current valuation near $1.7 trillion.
The analyst believes XRP may defy broader market trends in this cycle, outpacing BTC and ETH — which he claims are unlikely to reach new all-time highs.
Unlike other major altcoins, XRP’s momentum appears to be building independently, with technical indicators and past breakout behavior suggesting a major move could be imminent.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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