XRP has continued to attract bullish attention despite the current uncertainty surrounding its price action, with its price now trading around the $2.30 level at the time of writing. Nonetheless, recent activity around XRP on social media points to the possibility of a move to double digits, as prominent analysts on X continue to signal that a major rally may be imminent. The sentiment is being amplified by both technical patterns and social media posts predicting an unstoppable surge to $20 and beyond.
JackTheRippler’s No Warning Surge Forecast
One of the loudest bullish voices at the moment is JackTheRippler, a well-followed analyst on X with nearly 390,000 followers. In his recent post on the platform, the analyst warned that XRP is going to pump without any warning. This is a remark that reflects the spontaneous nature of XRP’s previous major moves, especially considering the price action in Q4 2024 that sent the XRP price surging to multi-year peaks and just short of its 2018 all-time high of $3.40.
Attached to his post is a chart showing a textbook Elliott Wave structure. According to the wave count, XRP has completed wave (i) and is currently completing a corrective wave (ii) structure. If the wave count holds, wave (iii) would be explosive, as it is the strongest wave in Elliott theory. According to his projection, the impulsive wave (iii) will push the XRP price towards $16 before another wave (iv) consolidation. Lastly, the projection shows that the final wave (v) will stretch XRP’s price into the $30+ range.
Final XRP Wave Starting Now
Adding further to the bullish outlook is another analysis shared by crypto trader STEPH. His chart offers a slightly different analysis from JackTheRippler but no less aggressive forecast. Unlike the wave-based projection from JackTheRippler, STEPH’s chart breaks down XRP’s rally into three distinct momentum phases labeled Pump 1, Pump 2, and the upcoming final pump.
According to his weekly candlestick timeframe chart, XRP has already experienced two major bullish phases in the current cycle since July 2024. However, its price has spent the last 16 weeks or so in sideways consolidation, but this is seen to be a resting phase before a new leg up.
STEPH’s chart illustrates this by showing XRP coiling just beneath the $3 mark inside a range that began in early 2025. Nonetheless, the analyst projected a final third pump, drawn in another red box, that suggests a rally that could take XRP directly into the $25 to $40 range.
Both analysts present an interesting case for XRP’s bullish future, with price targets ranging from $20 to beyond $30 in the months ahead. It is important to note that while these technical setups show strong potential, confirmation is still necessary. A breakout above $3.40 with high volume would provide that confirmation and cause inflows of new capital into XRP.
Until then, the cryptocurrency is in an accumulation phase. At the time of writing, XRP is trading at $2.29, down by 0.3% in the past 24 hours.
Featured image from Getty Images, chart from Tradingview.com
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