XRP Price Eyes $4.80 With $37 Cycle Potential Confirmed

Key Insights:

• XRP price is on track for $4.80 with a possible 38% upside.
• Elliott Wave structure suggests $3.20–$2.57 support if a short-term correction develops.
• EGRAG Crypto sees $11 breakout with a long-term cycle peak near $37.00.

XRP price has broken out of multi-month resistance zones and shows strength above $3.40. Traders are monitoring bullish continuation patterns that aim to reach $4.80 and $5.10 in the near term. Meanwhile, historical expansion patterns put the long-term cycle peak as high as $37.

XRP Price Breakout Targets $4.80–$5.10

XRP maintains bullish momentum after confirming a breakout from a descending wedge formation.

Analyst Javon Marks highlighted a clean chart with continuity of compression and high momentum on the upside. Based on the current price of approximately $3.43, he anticipated a 38% shot-off to $4.80.

Notably, the pattern displayed a break of multi-month consolidation, marking the beginning of a bigger impulsive move. Javon noted that prices could climb as high as $8.00 if current volume and structural strength persist.

This bullish forecast hinges on sustained momentum and market integrity. The clean wedge pattern provides a high-probability roadmap as XRP price builds a new trend leg.

More so, his chart confirmed that XRP has entered the early stages of vertical price action. Javon said that the asset is on track to reach the $4.80 level with this structure.

Ripple Wave Structure Suggests Pullback Support Near $3.20

While bullish momentum dominated, Man of Bitcoin highlighted the possibility of a short-term correction.

His Elliott Wave count placed the XRP price in wave 3 of a five-wave sequence. There might be another small high, but a wave-4 corrective might come first, so the push up to $5.

Fibonacci levels have been used to identify support areas between $3.20 and $2.57. The levels coincided with the 0.236 and 0.618 retracements of the recent rally.

Based on the chart, an optimal pullback to the zone would re-establish indicators. It will also accumulate strength into the final wave-5. Significantly, this outlook does not disrupt the bullish narrative. Instead, it adds a timing perspective.

If XRP holds above the $3.20 level despite the current correction, bullish momentum may return soon. This support zone could act as a launchpad for a renewed upward move. This would improve the chances of breaking or reaching the $5 level in the following weeks.

Analysts Confirm Breakout Retest Pattern

Analyst Flash validated a bullish structure on the daily timeframe with a breakout, retest, and continuation set.

His chart showed XRP price breaking above a multi-month descending trendline near $3.29. The token retreated at that point and could retest it successfully before bouncing back.

This trend followed a textbook technical setup. Flash had a price target of $5.10 based on structural integrity and an increase in momentum. Volume rose as XRP price reclaimed $3.40, further validating bullish continuation.

Flash also emphasized the psychological role of $5.00. He believed XRP price may attract additional trader attention near this level, especially if the breakout structure remains intact. The $5 handle is a temporary magnet as the trend strength builds momentum.

XRP Price Could Surpass $11 and Reach $37

For the macro perspective, analyst EGRAG Crypto shared a long-term “Chasm Chart” covering multiple bull cycles. His chart showed XRP price breaking above the 21-month EMA and approaching a diagonal resistance trendline labeled the “Chasm.”

In Cycle 1 (2017), XRP price surged over 5,000% after breaking this level. In Cycle 2 (2021), it gained 1,400% under similar conditions.

Now, EGRAG believes XRP price has entered Cycle 3. Since the breakout has been confirmed, he projected a rally to $11 with an extension to $37.

The prediction is based on the systematic recurrence of previous market cycles. EGRAG noted $11 as the magnet zone and $37 as an anticipated top. He emphasized that XRP price could replicate historical growth if macro conditions align with technical patterns.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.