XRP Price Poised for 575% Rally to $15 as Bullish Patterns Emerge

Crypto analyst Ali Martinez has forecasted a bullish outlook for the XRP price, predicting that it could rally to as high as $15 in the current market cycle. Martinez's prediction is based on the observation that XRP has been forming a symmetrical triangle pattern since January 2018. This pattern suggests a potential bullish continuation, where each lower high creates a descending trendline at the top, and each higher low forms a rising trendline at the bottom. With XRP having broken out of this triangle, Martinez believes there is a strong possibility that the cryptocurrency could continue to rise and reach the $15 target.

Martinez's prediction aligns with other analysts who have also expressed optimism about XRP's potential. For instance, Egrag Crypto has predicted that XRP could rally to $10 in this market cycle, citing bullish fundamentals such as XRP ETFs, regulatory clarity, and growing adoption. Martinez himself highlighted XRP’s growing adoption, noting that the total number of XRP addresses recently hit a new all-time high of 6.87 million, which presents a bullish outlook for the cryptocurrency.

Another analyst, Mikybull Crypto, has also provided a bullish outlook for XRP, suggesting that a massive run to a cycle top after the current consolidation could be imminent, similar to what was seen in 2017. Mikybull Crypto added that a rally to between $5 and $10 seems possible in this cycle. This optimism is further supported by the recent price action, where the XRP price broke above $2.25, a key midline resistance, and is showing strong momentum as it heads towards the next major resistance at $2.37. This level is critical because it marks the upper trendline of consolidation. A confirmed breakout above this level could signal the start of a larger move.

If XRP blasts through $2.37 with strength, it could rally toward $2.70 before a sharp rejection testing support. Alternatively, a slower approach would involve reaching $2.37, flipping this into support first, and then making a stronger push higher. If XRP fails to hold above $2.37, it could face a temporary rejection and remain in consolidation longer. The macro trend remains fully valid, and this entire structure continues to look like the early stages of Wave 3 up. This impulsive wave could take XRP past previous all-time highs and toward the $8 to $13 range. In the meantime, the key levels to watch are the $2.25 support, $2.37 resistance, and the $2.70 major breakout level target.