XRP Reverses Course—New All-Time High Looks Unstoppable, Analyst Says

Source Newsbtc

XRP has pushed past $2.60 again this week, marking its second break above that level in just a few days. The token is up 17% over the last seven days as traders set their sights on the $3 mark.

Based on reports from well‑known trader CryptoWZRD, a fresh all‑time high could be around the corner. But what stands behind these bullish calls, and how realistic are they?

Historical Patterns Point Higher

According To CryptoWZRD, XRP’s climb follows a familiar script. He highlights two long phases of calm price action—in 2014–2017 and again since 2018—that were each followed by big rallies.

After holding as low as $1.60 in the recent downturn, XRP is now up 60% from that trough to return to $2.47, when this article was made. His chart suggests that this leg could carry XRP past the $5.00 mark. If that plays out, the token would more than double from today’s levels.

Market Cap Could Eclipse Ethereum

Based on the analyst’s math, a $5.90 XRP would push its market cap above $345 billion. That sits just above Ethereum’s current $317 billion valuation. Flipping ETH might feel bold, but it’s worth noting that ETH bulls have piled back in.

Ethereum jumped 30% over the past week—nearly twice XRP’s gain. So even if XRP finds room to run, it may face stiff competition on overall market share.

Wider Community Weighs In

Other analysts compared today’s roughly 5% market dominance to the 30% seen in early 2018, when XRP reached $3.84. They think a return to that share could drive the price past $10 this year.

Bull Case Versus Bigger Risks

Not Everyone is convinced that numbers tell the full story, though. Legal headwinds in the US still hang over XRP after its lawsuit with the SEC, and any setback there could send prices tumbling.

Market experts painted a super‑bullish scenario too, saying that if the global crypto market hits $35 trillion, XRP could reach a $1.25 trillion cap—roughly $20 per coin. That’s a 750% jump from $2.60. But even seasoned investors know that giant leaps rarely happen without sharp pullbacks along the way.

At this stage, traders have a clear choice. They can chase XRP as it tests new ground, or they can wait for a pause or pullback before jumping in. The token’s recent strength is real, but the road to fresh highs could be bumpy. Whether it’s $5.80 or even $20, odds are the journey will be anything but straight.

Featured image from The Market Periodical, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
USD/JPY rises above 143.00 as Japanese Yen underperforms across the boardThe USD/JPY pair is up 0.25% to near 143.10 during European trading hours on Thursday. The pair trades firmly as the Japanese Yen (JPY) underperforms across the board.
Author  FXStreet
9 hours ago
The USD/JPY pair is up 0.25% to near 143.10 during European trading hours on Thursday. The pair trades firmly as the Japanese Yen (JPY) underperforms across the board.
placeholder
AUD/USD returns above 0.6500 amid broad-based USD weaknessThe Australian Dollar is trading higher for the second consecutive day on Thursday as US Dollar weakness offsets the impact of the downbeat Australian GDP figures seen on Wednesday, pushing the pair to one-week highs above 0.6500.
Author  FXStreet
10 hours ago
The Australian Dollar is trading higher for the second consecutive day on Thursday as US Dollar weakness offsets the impact of the downbeat Australian GDP figures seen on Wednesday, pushing the pair to one-week highs above 0.6500.
placeholder
Dogecoin Price Crash Below $0.2: 4H Order Block Shows Exactly What’s HappeningFollowing the Bitcoin price sweep down below the $104,000 level over the weekend, the Dogecoin price was pushed back down below $0.2 once again.
Author  NewsBTC
10 hours ago
Following the Bitcoin price sweep down below the $104,000 level over the weekend, the Dogecoin price was pushed back down below $0.2 once again.
placeholder
Trump has been trying to reach Xi for weeks, but China hasn't respondedDonald Trump says his connection with Xi Jinping should be enough to solve the US-China trade mess. But Xi hasn’t been taking his calls. For weeks, Trump tried reaching him and got nothing back.
Author  Cryptopolitan
10 hours ago
Donald Trump says his connection with Xi Jinping should be enough to solve the US-China trade mess. But Xi hasn’t been taking his calls. For weeks, Trump tried reaching him and got nothing back.
placeholder
US Dollar Index (DXY) remains depressed below 99.00 as recession fears returnThe US Dollar Index (DXY) is trading practically flat on Thursday, consolidating losses after a bearish reversal on Wednesday, as downbeat Services and employment data, coupled with the ongoing tariffs uncertainty, revived fears of an upcoming recession.
Author  FXStreet
10 hours ago
The US Dollar Index (DXY) is trading practically flat on Thursday, consolidating losses after a bearish reversal on Wednesday, as downbeat Services and employment data, coupled with the ongoing tariffs uncertainty, revived fears of an upcoming recession.
goTop
quote