Shocking Prediction: XRP Will Break $14 Despite Hurdles

Updated
April 23, 2025
Gambar Shocking Prediction: XRP Will Break $14 Despite Hurdles

Jakarta, Pintu News – Amidst the uncertainty plaguing the crypto market at large, some analysts remain optimistic about the future of Ripple . A crypto analyst known by the pseudonym “Papa” predicts that Ripple (XRP) will reach prices of up to $14, despite the current challenges. This bold prediction comes as Ripple (XRP) struggles to stabilize in the $2 range after four consecutive days of declines.

Uncertain Market Signals for XRP’s Future

Ripple (XRP) reached its last two-week peak of $2.24 on April 13 before selling pressure brought it down to $2.04 on Friday, April 18. This was the first decline since late March, where Ripple (XRP) recorded four consecutive days of price declines.

According to current technical indicators, the market sentiment is still neutral while the Fear & Greed Index stands at 39, indicating the “Fear” zone. Ripple (XRP) looks set to “surge higher” according to a chart pattern that depicts the cryptocurrency’s huge surge during the 2017-2018 bullish period. Despite the warning signs, Papa believes that this pattern indicates significant upside potential.

Also Read: Trump Attacks Powell, Stock Markets Fall, But Bitcoin (BTC) Surges!

History May Repeat with New Chart Pattern

Reflecting Ripple’s (XRP) previous explosive growth phase, analysts identified a symmetrical triangle pattern that formed on the 44-day chart during the 2017-2018 bull market. After an initial rise of 7,800% from $0.0055 in March 2017 to $0.3988 in May that year, Ripple (XRP) underwent consolidation before reaching its highest peak during the 2017-2018 bull market.

g time at $3.31 in January 2018-a stunning 1,760% rise from its lowest point. In the current market cycle, Ripple (XRP) rose 570% from November 2024 at $0.50 to reach a new peak high of $3.39 in January 2025. Since then, the price has fallen 38% and consolidated for three months.

Technical Indicators Point to Double-Digit Price Potential

The analyst’s price targets are based on Fibonacci extension levels-a technical indicator that traders use to forecast price movements. During the 2017-2018 period, Ripple (XRP) hit multiple Fibonacci targets at 1,272, 1,618, 2,618, and 4,618. These projections are not just expectations, they are driven by historical trends and technical configurations that have formed in market cycles.

From current levels, analysts see a potential upside of 575% for the altcoin, with a target of $14 in line with the 4,618 Fibonacci extension. Successfully reaching this target depends on Ripple’s (XRP) ability to break through an important resistance barrier at $3 in the next few weeks.

Conclusion

Despite various challenges and market uncertainties, Papa’s pattern-based analysis provides an optimistic outlook towards the potential price rise of Ripple (XRP). Only time will tell if these predictions will materialize, but the chances of reaching double-digit prices seem to be more than just a dream.

Also Read: Ethereum User Increase: A Sign of Price Recovery in May 2025?

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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