Crypto Analyst Predicts XRP Price Could Reach $77.7, Here’s the Full Analysis!

Jakarta, Pintu News – The crypto market is back in the spotlight with the latest prediction from market analysts saying that Ripple (XRP) can reach prices of up to $77.7 in the current bull market cycle.

This analysis is based on the Exponential Fibonacci model and Elliott Wave theory, which are often used to predict long-term price trends in financial markets.

Check out the full analysis below!

Technical Analysis Supports XRP Price Rise

Crypto analyst Dark Defender revealed that the price of Ripple (XRP) could go up to $77.7 in the current market cycle. This prediction uses Exponential Fibonacci levels, which he says are rarely used in crypto market analysis

Dark Defender explains that standard linear projections do not reflect the growth patterns often occurring during accelerated market conditions. Dark Defender outlines a five-wave impulse structure based on the Elliott Wave theory.

In his analysis, Wave 3 is positioned as the most explosive part of the cycle. He suggests that major altcoin price gains may move between $5 and $8 during this wave. A further push towards $18 to $23 is anticipated before the final wave.

Also read: Bitcoin (BTC) Bear Market Only 90 Days, Big Rally Coming After April 15, 2025?

Supportive Technical Indicators and Chart Patterns

Dark Defender’s projection includes a review of several technical indicators. His analysis uses the Relative Strength Index (RSI) trend and momentum indicators as supporting factors. These tools show continued bullish pressure, especially on higher time frames like the monthly chart.

He also includes volume clustering. According to the chart data, a strong accumulation zone has formed, favouring future crypto rallies. He also noted that the current price movement mirrors the one that occurred during the previous bullish run, reinforcing the idea of an upcoming altcoin rally.

Read also: Gold stablecoins will shift the dominance of the US Dollar? Max Keiser Reveals This!

Ripple Legal Impact and Legal Developments

Additionally, analyst Egrag Crypto shared a bullish prediction for the price of Ripple (XRP) earlier. He set an initial target of between $5 and $6, with the possibility of reaching $10. His prediction is partly related to the settlement of Ripple’s lawsuit by the US Securities and Exchange Commission, which some believe could act as a catalyst for further gains.

Egrag Crypto’s analysis also uses Fibonacci levels, identifying consistent monthly closes of full candles above Fib 1.0. He states that this chart’s behavior reflects price strength and momentum. According to his analysis, a potential altcoin rally to the Fib 1,618 level, with a target of up to $10, remains a possibility.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Analyst Predicts XRP Price Could Hit $77 in This Bull Cycle, Here’s Why. Accessed on March 24, 2025
• Featured Image: Crypto Rank