How high can XRP price go from its $3.66 multimonth high?

2025-07-28

How High Can XRP Price Go From Its $3.66 Multimonth High?

After months of subdued price action, XRP—the native token of Ripple’s payments network—has surged to a multimonth high of $3.66, reigniting bullish sentiment among traders and investors. As the broader crypto market recovers and legal uncertainties begin to clear, new projections from prominent market analysts suggest XRP might be primed for an even bigger breakout, with some eyeing ambitious targets of up to $10. But how realistic are these forecasts, and what technical and fundamental factors could fuel XRP’s next move?

Why It Matters

XRP’s recent price performance is more than just a chart anomaly. As one of the top cryptocurrencies by market capitalization, XRP plays a pivotal role in the evolving digital payments landscape. Its price movements often reflect broader trends in regulatory acceptance, institutional adoption, and the willingness of investors to seek alternatives to Bitcoin and Ethereum.

Moreover, XRP’s trajectory is uniquely influenced by its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The outcome of this high-profile case has huge ramifications not only for Ripple, but also for how digital assets are classified and regulated in the United States. Thus, any significant price action in XRP can serve as a bellwether for the entire altcoin market.

Technical Breakdown: Reading the XRP Price Charts

XRP’s rise to $3.66 marks its strongest showing in several months, capping off a steady uptrend that began earlier this year. Technical analysts have been quick to dissect the charts, highlighting several bullish signals that could support further upside.

Key Technical Levels

  • Support and Resistance: After breaking above previous resistance levels around $2.80 and $3.00, XRP has established a new support zone just below $3.50. If the price can hold above this range, it could pave the way for a sustained rally.
  • Moving Averages: XRP’s price is now comfortably above its 50-day and 200-day moving averages—typically a bullish signal that suggests momentum is on the buyers’ side.
  • Volume and RSI: Trading volumes have spiked alongside price, indicating genuine interest rather than a fleeting pump. However, the Relative Strength Index (RSI) is approaching overbought territory, suggesting the potential for short-term consolidation before another leg higher.

Analyst Projections

According to Cointelegraph, several market analysts are eyeing $5 and even $10 as possible medium-term targets for XRP. These projections are based on a combination of historical price patterns, Fibonacci retracement levels, and the potential for a “breakout” scenario if key resistance at around $4.00 is decisively breached.

  • $5 Target: This level aligns with previous all-time highs and represents a psychologically significant milestone.
  • $10 Target: While more ambitious, a move to $10 would likely require a confluence of bullish catalysts—such as a positive legal outcome for Ripple, major exchange relistings, and renewed institutional interest.

What’s Next for XRP?

The path forward for XRP hinges on a mix of technical, regulatory, and macroeconomic factors.

  1. Legal Developments: The Ripple vs. SEC case remains the elephant in the room. A favorable resolution—such as a clear designation that XRP is not a security—would remove a major overhang and could spark significant price appreciation.
  2. Adoption and Partnerships: Ripple’s ongoing efforts to expand its global payments network, particularly in Asia and the Middle East, could drive increased demand for XRP as a bridge currency.
  3. Market Sentiment: As the crypto market enters a renewed bullish cycle, risk appetite among investors is growing. Altcoins like XRP tend to benefit disproportionately during such periods, especially when underpinned by positive news.
  4. Technical Setups: Watch for consolidation above $3.50 and any breakout above $4.00, which could validate the next leg up towards $5 and beyond.

However, it’s important to note that the crypto market remains highly volatile. Pullbacks and consolidations are to be expected, especially after such a strong rally. Investors should remain vigilant and manage risk accordingly.

Conclusion

XRP’s climb to a multimonth high of $3.66 has reignited debates about the cryptocurrency’s potential upside. With technical indicators flashing bullish signals and analysts projecting targets as high as $10, the stage appears set for a potentially explosive rally—provided key hurdles, especially the SEC lawsuit, are overcome. For now, XRP holders and crypto market watchers alike will be keeping a close eye on legal developments and price action around the $4.00 resistance level. If momentum continues, XRP could be on the cusp of reclaiming its former glory, and perhaps even setting new all-time highs.

Source:
How high can XRP price go from $3.66 multimonth high? — Cointelegraph