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Well-known technical analyst WatersAbove has predicted that XRP will surge to $15 by July 24, 2025. At the time of writing, XRP trades at approximately $2.14, and according to the analyst’s chart, a major breakout is imminent, possibly ushering in what he calls an “XRP Summer.”
WatersAbove’s analysis points to a striking resemblance between XRP’s current market
and its historical price action leading up to the explosive 2017 rally. His chart outlines an extended consolidation phase similar to the one that preceded XRP’s climb from under a penny to over $3.30. The current pattern also spans 182 bars, about 18 months, mirroring the time XRP spent ranging before its last parabolic breakout.The chart places XRP in the early stages of a large wave 3 within an Elliott Wave structure, suggesting that the most aggressive phase of the cycle is yet to unfold. A marked label on the chart—“We are here”—indicates that XRP is positioned right before the historical liftoff point, with a massive upward move labeled as “This comes next.” The projection targets $15, a level supported by long-term Fibonacci extensions and historical fractals.
A move from $2.14 to $15 represents an approximate 600% increase, and while it may sound lofty, it is not without precedent in crypto market dynamics. XRP has a history of rapid price acceleration once it breaks through major resistance levels. WatersAbove’s forecast suggests the breakout could be swift, potentially reaching the $15 target in just over a month.
This timeline aligns with cyclical patterns observed in past XRP bull runs and coincides with a broader shift in market sentiment as liquidity and interest return to the crypto space. Historical chart behavior suggests that once XRP clears its current resistance zones around $3.30, price discovery could resume at full speed.
Beyond technicals, the XRP ecosystem has grown significantly, with increasing adoption of the XRP Ledger (XRPL) in areas such as tokenized assets, institutional finance, and payment infrastructure. The growing use of XRPL’s decentralized features are enhancing the token’s utility and reinforcing its market appeal.
These developments add fundamental weight to the technical picture, creating a favorable backdrop for the kind of rally WatersAbove is projecting. XRP’s strong community base, combined with rising on-chain activity and broader crypto momentum, further supports the case for a breakout.
With the chart drawing a clear parallel between XRP’s current posture and its historic rise, the market appears to be on the verge of what the analyst describes as an “XRP Summer.” The $15 target may be bold, but it is anchored in a repeatable pattern that has already played out in XRP’s history.
As July 24 approaches, eyes will be on XRP to see if this forecast becomes reality. Whether or not the exact timeline holds, the energy in the market suggests that a significant move may not be far off.
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