- XRP’s breakout above $2 signals momentum for a potential run toward $50 or higher.
- Technical patterns mirror 2017’s surge, but on a much grander and extended scale.
- Analysts eye $77–$100 if cup and handle pattern plays out in full bullish form.
XRP is showing strong signs of a significant breakout as multiple technical patterns align with historic movements. Analysts are revisiting past cycles for comparison, and many believe the current setup mirrors XRP’s explosive rally in 2017—only now on a much larger scale. With XRP breaking past long-term resistance, bulls are targeting bold new price levels, far beyond conservative estimates.
Breakout Above $2.00 Sparks New Momentum
Sistine Research, an analytics firm, has projected XRP’s next target between $33 and $50. This forecast is based on a large ascending triangle that has formed over 2,500 days. The triangle’s height provides the basis for this range, with a breakout confirmed above the $2.00–$2.70 resistance zone.
However, many traders argue this outlook is conservative. Historical patterns support this skepticism. In 2017, XRP surged after a long accumulation phase of 1,169 days. The current setup shows a similar structure, but with a larger scale and longer post-breakout consolidation of about 675 days.
Target for XRP is $33 – $50.
— Sistine Research (@sistineresearch) April 22, 2025
Feels a bit conservative as we're following a very similar pattern as 2017, but much larger.
If you're willing to measure as a cup and handle, targets could be as high as $77 to $100. https://t.co/y32yhUomGm pic.twitter.com/9SFdcf8vCk
Consequently, some technical analysts interpret the formation as a massive cup and handle. This bullish continuation pattern suggests higher targets, ranging from $77 to $100. Given the chart’s scale, the cup and handle interpretation may better reflect the ongoing price momentum.
Inverse Head and Shoulders Adds Bullish Pressure
Adding to the bullish case, analyst Ali Martinez has identified an inverse head and shoulders pattern forming on XRP’s chart. This classic reversal pattern suggests that XRP may soon break out toward $2.70.
$XRP appears to be forming an inverse head and shoulders pattern, potentially setting the stage for a bullish breakout toward $2.70. pic.twitter.com/LnhRA0zUqV
— Ali (@ali_charts) April 23, 2025
The neckline resistance sits at $2.2470. A confirmed breakout above this level could lead to strong upward movement. Key Fibonacci extensions identify possible targets at $2.4591, $2.5776, and $2.7580. On the downside, XRP holds support at $2.10, $1.9797 (0.618 Fib), and $1.9037 (0.5 Fib).
As of press time, XRP trades at $2.26, gaining 7.74% in the last 24 hours and 8.93% over the week. With 58 billion tokens in circulation, its market cap stands at over $132 billion.
