XRP Price Prediction: Analyst Dey Target $17 as Bull Run Breakout Still Hold
Crypto analyst Celal Kucuker dey argue sey XRP get strong long-term technical setup and fit reach $17 for the current bull run. Using weekly XRP/USD chart wey dey since 2017, e link the move to one multi-year breakout: one descending resistance from 2018 peak wey dey cap price many times, and XRP reportedly cross above am late 2024.
The latest update emphasize one key trade condition: XRP must hold above the former resistance zone wey don turn support to keep the breakout intact. The chart still show sey XRP dey inside one larger ascending channel. After a 2025 peak around $3.65, the analyst expect a corrective phase wey fit act as retest before the next leg up.
Upside targets line up with the channel’s upper boundary, roughly $17.53. The article claim sey this go mean XRP market cap go pass $1T, about 5x the ETH figure mentioned, and fit help XRP to challenge Ethereum’s industry ranking. For traders, the main near-term risk na whether XRP go continue to defend the post-breakout support level. (Not financial advice.)
Bullish
Di thesis dey bullish for XRP because di analyst chart-based argument dey depend on confirmed multi-year breakout (late 2024) and, importantly, di expectation say XRP go use di former resistance zone as support. Di channel framework still show say price fit head up toward $17–$17.53 after likely corrective retest following di 2025 peak.
Short-term impact: price action likely go hinge on whether XRP fit defend di post-breakout support level. If e no fit hold support, e go weaken di bullish structure and fit trigger deeper pullback.
Long-term impact: if XRP continue to respect di ascending channel and dey print higher lows, traders fit increase upside positioning toward di $17 area, fit also improve sentiment for XRP compared to ETH. External catalysts like clearer US regulation dem mention before, wey fit further support bids, but di latest piece dey focus on technical confirmation.