XRP Could Reach $15 Based on Historical Price Patterns
Crypto analyst Bobby A (@Bobby_1111888) projects that XRP could reach $15 during the upcoming bull run, depending on historical price patterns. The analysis examines past market cycles of XRP, utilizing percentage-based extrapolations and chart assessments to predict future prices.
Is A XRP Price Of $15 Realistic?
Bobby A's analysis compares XRP's 2017 performance to its current trajectory in 2024. In 2017, following a range-high breakout, XRP rose by 629%. Since its 2024 breakout, it has increased approximately 331%. From December 2014 to May 2017, XRP experienced a 1,330% increase approaching the 4.236 Fibonacci extension.
By halving the percentage increases observed from the initial 2017 surge, Bobby A estimates that XRP could see a 665% rise, positioning its price around $15 at the 4.236 Fibonacci extension level. He states, “If XRP cuts its next impulse in half from a percentage point increase perspective, it would put the asset's price at roughly ~$15.00 near its 4.236 extension after a possible 665% increase.”
The analyst identifies a developing bull flag pattern, suggesting potential upward movement. This bull flag targets the upper boundary of XRP’s macro parallel channel, estimated at around $10.50. Bobby A notes, “The current bull flag the asset is forming targets the top of its macro parallel channel near $10.50.”
Contrastingly, analyst bassii (@cryptobassii) offers a different perspective based on fractal analysis, predicting a 42% pullback, with XRP's price potentially approaching $9 before a significant decline.
Bassii explains that if this trend continues, XRP may rise to $30 after several months of accumulation. He highlights similarities between the 2024 and 2017 runs, noting both periods featured five consecutive weeks of green candles, though with different magnitudes—500% in 2024 compared to 1,200% in 2017. He states, “2017: 5 weeks of green candles at ~1,200%, followed by 3 weeks of red candles down 63%. 2024: also 5 weeks of green candles at ~500%, followed by… (so far) 1 week of red candles down 30%.”
Bassii suggests that if XRP adheres to these fractal patterns without major breakdowns, it could reach $30 by September 2025. Responding, Bobby A expresses cautious optimism about the next impulse, while Bassii emphasizes the importance of tracking fractals and chart developments. He concludes, “I’m not a moon boy... but if we’re still tracking the 2017 run.”
At press time, XRP traded at $2.1581.
