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Analyst Predicts XRP Price Will Reach $13 In 3 Months
XRP is currently trading around the mid-$1 range amid tight consolidation and limited bullish momentum. A crypto analyst predicts a surge to $13 within three months, suggesting XRP has completed its wave 2 accumulation phase.
Potential Repeat of 2017 Bull Run
- Analyst CryptoBull believes XRP's current pattern mirrors the 2017 bull run, but over a longer timeframe.
- The structure resembles an Elliott Wave formation similar to the one before the 2017 rally.
- Wave 2 concluded after XRP hit $3.65 in July 2025, with recent price action seen as accumulation before expansion.
Consolidation and Key Levels
- XRP remains in a consolidation range between its 2021 high and a subsequent lower high.
- The critical level is $1.41; a weekly close below this could lead to targets under $1, possibly down to $0.60.
- A weekly close above $1.41 is needed to confirm upward momentum.
- The XRP/BTC pair shows signs of relative strength returning from recent lows.
Overall, while bullish predictions exist, XRP's price action suggests the need for confirmation of any significant trend shift.
Authors credited by the source: Scott Matherson
Published by Holder based on an external source.
