XRP price: Record quarterly close may trigger rally toward $15

3 hours ago

Key takeaways:

XRP nears grounds quarterly close, echoing a 2017 setup that preceded a 37,800% rally.
On-chain signals stay supportive, with MVRV Z-Score and mid-sized holders showing nary signs of capitulation.

XRP (XRP) is inching toward hitting its highest quarterly closing price, which paves the mode for a broader uptrend toward $15, according to expert Milkybull Crypto.

XRP mirrors 37,800% rally setup from 2017

As of Monday—just a time earlier the 3rd 4th wraps up—XRP was trading adjacent $2.86, marking a 28% summation implicit the 3 months.

XRP volition proceed to inclination higher successful the coming weeks oregon months if it remains astatine oregon supra the existent level until the 4th officially closes, according to MilkybullCrypto.

His bullish outlook stems from a akin grounds adjacent successful 2017, which preceded a 37,800% rally successful the XRP price.

Back then, XRP ended Q4 2017 astatine a caller quarterly adjacent supra $0.02, breaking done a multi-year absorption area. The determination rapidly snowballed into a parabolic rally, carrying the token to its all-time highest of astir $3.31 wrong a year.

XRP is exhibiting an astir identical setup successful 2025: a quarterly candle flipping greenish aft years of consolidation, accompanied by a decisive breakout supra a long-standing absorption portion (the reddish bar), which aligns with the $2.20–$2.30 area.

“Already breached supra the absorption arsenic it likewise did successful 2017,” MilkibullCrypto wrote, suggesting that past whitethorn rhyme with an eventual propulsion toward the $5–$15 range.

The upside people aligns with method setups highlighted by respective analysts successful the past, reinforcing projections of an XRP rally toward $15.

That includes a 2017-like symmetrical triangle breakout scenario, arsenic shown below.

Another method setup, a bull emblem pattern, projects XRP to attack oregon deed $15.

XRP rally not overheated yet, onchain information shows

XRP’s onchain metrics are besides leaning bullish.

That includes XRP’s MVRV Z-Score, a gauge of however acold marketplace worth sits supra holders’ aggregate outgo basis. The people remains good beneath the “overheated” set that coincided with anterior blow-off tops.

A mid-cycle Z-Score signals there’s inactive country for upside toward $3–$5, portion keeping the long-shot $10–$15 people successful play.

XRP wallets holding betwixt 10 and 100,000 tokens person remained dependable done the latest marketplace correction, showing nary signs of capitulation.

What could alteration the bullish outlook?

Some XRP indicators are simultaneously indicating correction risks, chiefly arsenic it trades 470% supra its November 2024 debased of astir $0.50.

From a method perspective, XRP is ranging wrong what appears to beryllium a broadening wedge pattern, having conscionable retreated aft investigating the precocious trendline arsenic resistance.

Such corrections person led the terms toward the little trendline, which presently sits astir $1.60, conscionable betwixt the 100-week (purple) and 200-week (blue) exponential moving averages (EMA).

XRP is further showing important divergence betwixt its rising prices and declining relative spot scale (RSI), which technically indicates slowing upside momentum akin to what markets witnessed earlier the 2018 carnivore market.

In a script akin to 2018, XRP tin dip toward its 200-week EMA, adjacent $1.27, down astir 55% from existent prices.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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