XRP appears to be approaching a significant breakout moment, supported by strong technical indicators and rising network activity. Recently, crypto analyst Jack The Rippler posted on X, explaining how their Fibonacci model points to a possible jump in XRP’s price to $7.45 within two weeks.
According to the chart in the post, Elliott Waves (A), (B), and (C) appear between December 2024 and April 2025, and XRP has been forming a descending channel, trading between $2.13 and $2.56. The concentration is often noted as part of a bigger pattern, and this marks the start of an abrupt rise.
Fibonacci extension levels suggest that resistance might be found at $3.28, $4.60, and $6.19. The extension to 1.0 is expected at $7.33, indicating the chance for more gains if the pattern matches the analyst’s prediction.
🚨Fibonacci models now point to a potential #XRP surge to $7.45 in the next two weeks!
If this bullish breakout plays out, the XRPL network could see its transaction volume skyrocket to $1.19 TRILLION, sparking a massive ripple effect across the entire DeFi space.Leading the… pic.twitter.com/kfsWIxMe73
— JackTheRippler ©️ (@RippleXrpie) May 19, 2025
Volume data also supports the outlook, showing increased activity near recent lows. This trend often signals accumulation as traders position themselves ahead of a potential price breakout.
Also Read: Ripple CEO Calls Out Senator Lummis For Canceling Meeting Without Rescheduling
CTF Token and XRPL Activity Strengthen Bullish Sentiment
Beyond price charts, broader on-chain developments add momentum to the bullish narrative. In the same post, @RippleXrpie noted that XRP Ledger transaction volume could climb to $1.19 trillion if XRP reaches projected levels. Such a rise would mark significant growth in network usage, especially across DeFi platforms built on XRPL.
CTF Token, a DeFi asset native to the XRP Ledger, is identified as a key player in this development. Priced at $0.28, the token is linked to a speculative model forecasting a future market cap of $20 billion. If this model holds, CTF could rise dramatically, with projections estimating a value of $748.50 per token.
A confirmed supply burn event supports this forecast, with one million CTF tokens set to be permanently removed from circulation on May 3. This deflationary move could further support the token’s long-term valuation as supply tightens and demand increases.
As technical patterns align with on-chain fundamentals, XRP is positioned at a critical point. A breakout above current levels could soon lead the asset to test the $7.5 mark.
XRP’s chart formation and increasing XRPL activity indicate that a breakout may be imminent. If momentum continues building, the asset could soon make a decisive move toward @RippleXrpie’s $7.5 target.
Also Read: AAVE Jumps Over 20% in a Massive Bull Run—Traders Eye Key Resistance Zone
