XRP News Today: XRP Surges 70.9% on Bitcoin Rally Analysts Predict $13 Target in 6 Weeks

XRP has emerged as a standout performer in the cryptocurrency market, surging 70.9% over the past 30 days and outpacing Bitcoin and Ethereum. This momentum has drawn attention from analysts, with prominent market technician Tony "The Bull" Severino forecasting a potential $13 price target for XRP within six weeks. The prediction is grounded in a combination of technical indicators, including a breakout from a seven-year symmetrical triangle and a six-month bull pennant pattern, alongside an ongoing Wave 5 in the Elliott Wave Cycle. Severino notes that Wave 5 follows a decline from $3.4 to $1.96 between January and June 2025, suggesting a significant upward push is imminent [1].

The price action aligns with historical parallels: the 2017 bull cycle saw a similar pattern culminate in a six-week peak. However, Severino cautions that a $13 level could trigger a corrective phase, potentially forming an ABC pattern as per Elliott Wave Theory [1]. Concurrently, another analyst, Dr. Cat, links XRP's potential to Bitcoin's trajectory. He posits that if Bitcoin reaches $144,000, XRP could triple to $6–$10 within two months, supported by Ichimoku Cloud signals and Fibonacci projections. A weekly close above 2,674 satoshis in the XRP/BTC ratio could validate this bullish case, with resistance levels at $4.53, $6.31, and $9.22 as key milestones [3].

Recent data underscores XRP's strength: the token rose 18.17% in four days alone, peaking at $3.6615 on July 18. This follows a 16.7% gain in the preceding week, propelling the price to $3.4416. Severino's $13 target remains speculative, contingent on sustained bullish momentum and Bitcoin's performance. Meanwhile, Dr. Cat’s analysis introduces a layered scenario: a modest $4.53–$6.31 range is achievable if Bitcoin stalls below $120,000, while a sustained $144,000 level for Bitcoin could unlock higher targets [3].

The market context supports these dynamics. Altcoins are gaining traction as investors rotate out of Bitcoin and ether, with XRP’s dominance rising alongside its 50% weekly gain. However, risks persist: failure to break 2,674 satoshis could delay a "kumo twist" in the XRP/BTC ratio, prolonging sideways movement. For now, XRP trades at $3.55, with traders advised to monitor Bitcoin’s trajectory and the technical milestones outlined by analysts.

While the $13 target captures short-term optimism, long-term forecasts vary. Changelly projects XRP at $19.21–$32.60 by 2030, contingent on broader adoption [4]. Investors are urged to balance immediate opportunities with caution, as post-peak corrections are historically common.

Source:

[1] [XRP Set to Skyrocket? Analyst Predicts $13 in 6 Weeks] (https://coinpedia.org/price-analysis/xrp-set-to-skyrocket-analyst-predicts-13-in-6-weeks/)

[3] [XRP Targets $6–$10 If Bitcoin Hits $144000, Analyst Predicts] (https://www.newsbtc.com/xrp-news/xrp-targets-6-10-if-bitcoin-hits-144000/)

[4] [Here's Why to Do Nothing with XRP Until 2030] (https://thecryptobasic.com/2025/07/23/heres-why-to-do-nothing-with-xrp-until-2030/)