XRP Price Prediction: Riley Sees $22 Upside This Bull Cycle
Veteran analyst Patrick L Riley has issued a bold XRP price prediction, forecasting a surge to $22 during the current bull market cycle. Riley’s chart suggests a 7x gain from present levels, driven by strong regulatory tailwinds and XRP’s growing role in cross-border payments. He argues that investors not bullish on XRP are “not serious” about crypto.
XRP has already delivered 58.1% year-to-date gains and saw an 8% increase in trading volume over the last 24 hours, exceeding $9 billion. Riley highlights historical patterns: in November 2024, XRP jumped from $0.65 to $3.40 after winning its SEC lawsuit. Today, the $3 psychological level has turned into support, potentially launching another rally toward his $22 target.
Key catalysts include improved legal clarity, XRP’s expanding use case in financial transfers, and renewed investor confidence. While the XRP price prediction may seem optimistic, Riley believes structural factors could drive the token to unprecedented highs. Traders should watch support at $3 and monitor volume trends for early signals of the next leg up.
Bullish
This XRP price prediction by Patrick Riley is inherently bullish. He points to regulatory clarity following Ripple’s SEC lawsuit victory and XRP’s growing utility in cross-border payments as strong catalysts. Historical precedence—XRP’s rise from $0.65 to $3.40 in late 2024—supports the view that major breakouts can lead to multi-fold gains. In the short term, traders will watch the $3 support level and trading volume spikes for entry signals. Over the long term, sustained institutional interest and legal developments could reinforce the token’s uptrend, potentially validating the $22 target. Similar bullish momentum was seen in early 2021 when XRP jumped post-SEC clarification, demonstrating how regulatory outcomes can trigger rapid rallies.