XRP News Today: XRP Analyst Predicts 480% Surge to $13.42

Renowned XRP analyst XRPunkie has ignited excitement in the crypto community with a technical forecast suggesting that XRP is on the brink of a significant breakout. In a recent post on X, XRPunkie shared a chart indicating a bullish structure forming on the XRP monthly timeframe, suggesting that a “God candle,” an exceptionally large bullish candle, may soon appear. He also identified key zones where investors could consider taking profit once the anticipated rally begins.

XRPunkie’s analysis, based on the XRP/USDT monthly chart from Binance, reveals a compelling breakout pattern. After years of sideways price action and accumulation, XRP broke out of a long-term descending wedge in early 2025. This breakout propelled the price from under $0.60 to nearly $3.00 within months. Currently, XRP is consolidating above key moving averages, the 21-period EMA and the 33-period SMA, which now act as strong support levels.

The price is forming a bullish pennant, a continuation pattern that typically precedes explosive upward movement. XRPunkie emphasizes that this structure is nearing completion, with the breakout expected imminently. If confirmed, the resulting surge could lead to what he calls a “God candle,” similar to historic vertical moves seen during previous bull cycles.

To guide investors on where to potentially take profits, XRPunkie highlighted Fibonacci extension levels derived from the prior breakout wave. These include the 1.618 level at $6.45, the 1.786 level at $8.90, and the 2.0 extension at $13.42. He marked this range between $6.45 and $13.42 as a strategic take-profit zone. These levels are not arbitrary. In past bull runs, XRP has shown a tendency to follow such extensions closely. XRPunkie suggests that as XRP moves into this range, investors may want to scale out gradually to lock in gains while still participating in the upside.

With XRP now trading around $2.27 and holding steady, bearish sentiment appears increasingly difficult to justify. XRPunkie was blunt in his assessment: “If you are still bearish on XRP, no one can help you.” His confidence is rooted not just in the chart pattern but in the broader momentum surrounding XRP. Several factors support the bullish outlook. Ripple’s ecosystem continues to expand with developments like the RLUSD stablecoin, growing adoption of the XRP Ledger for real-world asset tokenization, and ongoing progress in regulatory clarity following the company’s legal battles with the U.S. SEC. On-chain metrics also show rising user activity and reduced sell pressure, further strengthening the case for a rally.

As XRP consolidates just above $2, the technical and fundamental indicators are aligning for what could be a historic breakout. XRPunkie’s chart points to a powerful rally, with a “God candle” possibly signaling the start of a new macro bull leg. For traders and investors, the time for positioning may be running short, as XRP prepares to enter its next major move, one that could take it well into double-digit territory.