XRP News Today: XRP Surges 35% In A Month, Analysts Eye $4.80 Target

Generated by AI AgentCoin World
Wednesday, Jul 16, 2025 4:07 am ET1min read
XRP
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Ripple’s token,

XRP
, is currently trading at $2.93, just below the key psychological level of $3.00. Analyst Ali Martinez has recently predicted that XRP could surge to $4.80 if it manages to close above $3.00 on the weekly chart. This prediction is based on the token's recent bullish run and its testing of the top of a long-term price channel.

Martinez's video claims that XRP is poised for all-time highs, although the actual all-time high for XRP is $3.40. The analyst's focus on the $3.00 resistance level is technically sound, as a strong weekly close above this level could trigger a rally towards $4.80. However, the video's dramatic presentation and exaggerated chart projections up to $5.00 are meant to grab attention rather than provide a realistic forecast.

XRP has been on a bullish run over the past month, climbing from $2.16 in mid-June to nearly $3.00 today. This momentum supports the idea of a potential breakout, but not all analysts share Martinez's optimism. CoinCodex predicts XRP could reach $4.14 by 2026, while Coindcx forecasts a move to $2.35–$2.45 this July if XRP holds above key EMAs around $2.23. InvestingHaven gives a wider 2025 range of $1.81 to $4.10, which overlaps with Martinez's target but suggests $4.80 is ambitious.

A close above $3.00 on the weekly chart would signal strength and potentially usher in more buying pressure for XRP. However, hitting $4.80 this month may be a stretch given the token's historical volatility and tendency for strong pullbacks. Some replies to Martinez's post suggested even wilder targets, such as $30 by year-end, which are not grounded in current data.

In conclusion, Martinez's $4.80 prediction is possible but contingent on XRP clearing and sustaining above the $3.00 level. While the video is optimistic, investors should approach it with caution. It is essential to watch the weekly close, look for volume confirmation, and maintain a broader perspective on the market. Crypto is volatile, and while XRP has momentum, breakouts are not guaranteed, and $3.00 is proving to be a tough ceiling. Therefore, while $4.80 could happen, it will only occur if XRP earns it through sustained performance above the $3.00 resistance level.