XRP Bull Run Could Peak in Months, Warns Analyst
An analyst on X warns that XRP’s current bull run may peak within one to two months, based on historical cycles where XRP surged to $3.40 in 2018 and $2 in 2021 before crashing below $0.30 and $0.50 respectively. After reaching an all-time high of $3.65 in July, XRP has corrected below $3. Critics advise halting new XRP buys ahead of a possible steep pullback. Conversely, bullish voices forecast fresh highs near $6 and up to $9.63, citing Fibonacci extensions and favorable macro factors. Lower U.S. interest rates could spur demand for risk-on assets, while a spot XRP ETF approval—currently rated at 82% odds—would facilitate institutional inflows. Traders should weigh these contrasting outlooks when managing XRP exposure.
Neutral
This news is classified as neutral because it presents both bearish and bullish signals for XRP traders. The warning of a peak and potential sharp pullback draws on past cycles—XRP rose to $3.40 in 2018 and nearly $2 in 2021 before crashing below $0.30 and $0.50. At the same time, bullish forecasts point to targets of $6 and $9.63, supported by Fibonacci levels, potential U.S. rate cuts, and an 82% chance of a spot XRP ETF approval. The mixed outlook suggests short-term caution but leaves room for upside if macro developments favor risk assets. Traders may reduce exposure ahead of a possible correction while watching ETF progress and interest rate decisions for triggers of a new rally. Overall, the coverage lacks a clear directional bias.