- Analyst projects XRP could reach $7, with major rally still ahead.
- Two breakouts in less than a year signal strong upward price momentum.
- Technical charts show bullish setup as investors anticipate XRP’s next big move.
According to market analyst Crypto King, XRP’s price structure is signaling a clear route toward the seven-dollar mark. Despite two major breakouts in less than a year, the analyst maintains that the true bull run has not yet begun.
Market data indicates XRP was in a persistent downtrend from mid-2024 until breaking out in November. This action caused an increase of approximately 585 percent, which is one of its most significant rallies in recent years.
The first two quarters of 2025 saw a slowdown in the trading momentum, as price action consolidated over a few months. Nonetheless, a July breakout drove XRP into a 70 percent upsurge, restoring a bullish mood in the market.
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Analyst Identifies Breakouts as Key Indicators
Crypto King’s analysis highlights that both rallies began after XRP broke long-term downtrend lines. This pattern suggests that the latest breakout could mirror previous gains, setting the stage for a larger move.
The analyst has set a price target of $7, which would be a substantial jump in prices compared to the current ones. This forecast is backed up by chart patterns that suggest that prices could increase with continued pressure to buy.
Source: Crypto King
XRP’s ability to overcome two major downtrends in less than a year is seen as a sign of market strength. Consistent trading volume and investor interest may be key to driving prices to the target.
Market observers are keen to know whether the current momentum will shift to the anticipated bull run. The broader market factors and investor mentality will significantly influence the future of XRP.
The recent performance of XRP has strengthened traders’ hopes, as the technical indicators show that XRP will target higher prices. While strong gains have already been recorded, analysts believe the most significant rally is still to come.
Also Read: Binance Sees Massive XRP Surge as Users Add 59 Million in Just One Month
