XRP Price Expected to Rally to Double Digits, Analysts Predict

Crypto analyst Galaxy compares the current price action of XRP to the 2017 bull run, predicting a potential rally to double digits. He notes that XRP is following a breakout pattern similar to 2017 after six years of consolidation, suggesting larger price movements are possible.

XRP Price Predictions

Galaxy estimates XRP could reach nearly $40 during this breakout, similar to its 61,000% surge in 2017.
Egrag Crypto expects prices between $27 and $33 in this market cycle, supported by factors like XRP ETFs and Ripple’s expansion.
Raoul Pal identifies a bull flag formation, anticipating XRP may rise to $5, marking a new all-time high.
CobraVanguard indicates a bullish phase for XRP with a falling wedge pattern suggesting a target of $3 but warns of potential invalidation if bearish trends emerge.
Dark Defender predicts a return to all-time highs once certain corrective waves conclude, with a long-term target of $18 based on Elliott Wave Theory.

As of now, XRP is trading at approximately $2.38, showing an increase in the last 24 hours.