XRP Price Prediction Signals Potential Surge to $8
Crypto analyst CryptoBull’s latest XRP price prediction centers on a rounding bottom pattern on XRP’s monthly chart. The pattern formed after a 500% rally ended in January 2025 and a subsequent decline below $3 support. As price consolidated and held above the $2.8 neckline, CryptoBull forecasts a breakout toward $7–$8, implying gains of 149%–184% from current levels around $2.77. This technical analysis uses the measured move concept and notes that XRP trading above its rising 200-day moving average supports a bullish outlook. Traders should watch for sustained price action above the neckline to confirm the XRP price prediction.
Bullish
The rounding bottom on XRP’s monthly chart is a well-known bullish reversal signal, often leading to substantial uptrends. Breaking above the $2.8 neckline would trigger a measured move toward $7–$8, translating into 149%–184% upside. Supporting this outlook, XRP remains above its 200-day moving average, which has started to slope upward, indicating growing market strength. Historically, assets that complete similar long-term bullish patterns have sustained momentum after breakout. In the short term, a confirmed breakout could spark renewed buying. Long term, it may mark the resumption of XRP’s broader uptrend.