XRP Price Could Surge 1,000% to $77.7 During Bull Market

An analyst has made a bold prediction that the price of XRP could reach $77.7 during the current bull market cycle. This forecast is based on the application of advanced technical tools, including Exponential Fibonacci models and Elliott Wave theory, which are commonly used to predict long-term price trends in financial markets. The analyst argues that traditional linear models do not adequately capture the compounding nature of crypto price movements, particularly during an altcoin rally.

According to the analyst, the price of XRP could climb to $77.7 during the current market cycle. This prediction is based on the use of Exponential Fibonacci levels, a method that the analyst claims is underutilized in crypto market analysis. The analyst explains that standard linear projections do not reflect the actual growth patterns often observed during accelerated market conditions. The analyst outlines a five-wave impulse structure based on Elliott Wave theory. In this analysis, Wave 3 is positioned as the most explosive part of the cycle. The analyst suggests that the top altcoin rally may first move between $5 and $8 during this wave. A further push toward $18 to $23 is anticipated before the final wave. Wave 5, the final leg in the structure, is projected to carry XRP price into three-digit levels. The analysis sets the upper range at approximately $77.7, based on the extended Fibonacci measurements. This would mark a substantial increase from current levels and surpass previous highs.

Dark Defender’s projection includes a review of multiple technical indicators. He references Relative Strength Index (RSI) trends and momentum indicators as supporting factors in his analysis. These tools suggest continued bullish pressure, especially on higher time frames like the monthly chart. Volume clusters are another factor he incorporates. According to the chart data, strong accumulation zones have formed, typically supporting future crypto rallies. He also notes that current price movements mirror those of previous bull runs, reinforcing the idea of an upcoming altcoin rally. Chart structures from earlier cycles show similar formations that preceded large price expansions. These historical similarities, momentum signals, and volume behavior form the basis of his extended projection for the XRP price.

Another more bullish analysis projects the Ripple token could cross $1,000 if the partnership with SWIFT leads to the global adoption of XRP for real-time liquidity in cross-border payments. Analysts suggest that such integration would require massive XRP reserves and institutional demand, which could drive the altcoin rally.

Additionally, another analyst has also shared a bullish forecast for XRP price. He places initial targets between $5 and $6, with a possibility of reaching $10. His prediction is partly tied to the recent resolution of the Ripple lawsuit by the U.S. Securities and Exchange Commission, which some believe could act as a catalyst for further gains. The analyst’s analysis also uses Fibonacci levels, identifying consistent full-body monthly candle closings above Fib 1.0. He states that this chart’s behavior reflects price strength and momentum. A potential altcoin rally to the Fib 1.618 level, targeting up to $10, remains a possibility according to his analysis.