Top analyst predicts XRP could soar 430% in the near term
XRP, the third-largest cryptocurrency, is among the best-performing digital assets this cycle, as it has soared around 80% over the span of a month.
There are several factors behind XRP achieving such extraordinary momentum.
There is, of course, the broader crypto market rally tied to the tailwind offered by Bitcoin's historic rally. Then, there are developments tied to Ripple, such as the banking license application and the launch of ProShares XRP futures exchange-traded fund (ETF).
As per Kraken, XRP was trading at $3.51 at the time of writing, around 10% lower than its record high of $3.84 that it hit on Jan. 4, 2018.
Join the discussion with CryptosRUs on Roundtable here.
While most market analysts are hoping for the crypto asset to merely surpass its highest price, there is one analyst who can spot its value appreciating more than 400% soon enough.
Ali Martinez, a crypto analyst who goes by the handle @ali_charts on X, shared XRP's price analysis chart on July 22.
The analyst spotted XRP forming a symmetrical triangle pattern. Let's dig deeper into the technical analysis.
The chart shows the upper and lower trendlines converge from late 2024 until July 2025, showing price consolidation. Next, Ali anticipates a price breakout, and since it is equal to the height of the triangle at its widest point, XRP is expected to hit $15 soon enough.
Given its current price, the analyst is expecting XRP to soar around 430%. It's an extraordinary expectation. But then, the cryptocurrency has soared 470% over a year.
Disclaimer: The content above is intended for informational purposes only and should not be taken as financial advice. Do your own research before investing.
Top analyst predicts XRP could soar 430% in the near term first appeared on TheStreet on Jul 22, 2025
This story was originally reported by TheStreet on Jul 22, 2025, where it first appeared.
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