XRP could be on the verge of a breakout, with analysts eyeing a powerful Wave 3 rally to as high as $15.

A bullish chart pattern and rising market optimism are fueling fresh predictions of a massive XRP price surge, as the token breaks the short-term resistance around $2.30.

Analyst Predicts Massive XRP Rally Based on Elliott Wave Theory

Crypto analyst Shawn Mark has ignited fresh bullish sentiment in the XRP community by predicting a potential 600% surge in price, citing Elliott Wave Theory as the foundation for the forecast. According to the analysis, Wave 3, traditionally the strongest phase in the Elliott Wave cycle, may push XRP price toward the $13–$15 range, with an extended target between $26 and $33.

XRP could surge over 600% in its next Wave 3 rally, potentially reaching $13–$15 based on historical patterns. Source: @Shawnmark7899 via X

This prediction stems from past price action, notably the 600% rise seen between November 2024 and January 2025, when XRP surged on renewed momentum following key legal and regulatory developments. If history is any guide, analysts believe XRP may be on the verge of repeating that performance.

“Wave 3 is typically the most aggressive phase of an impulsive move, and XRP’s setup looks ripe,” the analyst posted, adding that if bullish momentum builds from current levels, “we could see XRP entering price discovery above $10.”

XRP Price Struggles at Resistance Despite Strong Weekly Gains

As of July 9, XRP is trading at $2.346, marking a 2.3% daily gain and a 6.73% rise over the past week. While the asset has shown resilience, short-term volatility remains a key challenge. Binance data indicates a 6.58% drop in the last 24 hours prior to the latest rebound, suggesting that bullish momentum is not yet fully secure.

According to CoinMarketCap, XRP’s 24-hour trading volume stood at $4.7 billion, a sign of heightened market activity. Analysts at CoinCodeCap believe the token may retrace to $2.00–$2.10 before attempting to reclaim the $2.50 resistance zone. They suggest a “buy-the-dip” strategy, eyeing a potential 20% gain on the next leg upward.

XRP Technical Indicators Signal Bullish Momentum

The short-term technical picture for XRP coin remains constructive. The MACD (Moving Average Convergence Divergence) shows a bullish crossover, with the MACD line above the signal line—often interpreted as a continuation of upward momentum.

XRP is showing strong bullish momentum, and a confirmed breakout above $2.34 could pave the way toward $2.48, while support at $2.16 remains key to sustaining the uptrend. Source: FenzoFxBroker on TradingView

Similarly, the Relative Strength Index (RSI) currently stands at 59.62. This places XRP in bullish territory but below the overbought threshold of 70, giving room for further upside before technical exhaustion sets in.

Meanwhile, More Crypto Online reports that XRP is facing a key resistance test between $2.32 and $2.34. A decisive breakout above this range could confirm the start of a larger rally, possibly setting the stage for the anticipated Wave 3 explosion.

Ripple’s Regulatory Progress Adds Long-Term Confidence

Beyond technicals, Ripple’s ongoing efforts to secure a U.S. banking license may also contribute to future adoption. Though it doesn’t directly affect XRP’s classification, the move could strengthen Ripple Labs’ position within traditional finance and boost long-term investor confidence in XRP crypto.

The company has also benefited from easing regulatory pressure after the drawn-out Ripple vs. SEC lawsuit, which clarified that XRP is not a security when sold to retail investors. This ruling helped lift much of the legal uncertainty that had long suppressed XRP price predictions.

With fewer legal headwinds and an improving macro environment for crypto, many traders are now revisiting the question: Will XRP go up from here?

XRP Price Prediction: What Comes Next?

If XRP breaks above its July high of $2.35, analysts expect the next major test at $2.50, followed by resistance zones near $2.65 and $3.00. A successful breakout from there could set the tone for a much larger move toward $5 and beyond, especially if institutional adoption accelerates.

XRP was trading at around $2.34, up 2.38% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Long-term XRP price prediction 2025 outcomes range from slight increases of around $5 to very optimistic situations crossing into double digits. Experts even say XRP price prediction 2030 goals exceeding $20 if international use and regulation clarity continue to improve.

While bullishness still prevails, investors should keep a close eye on the significant breakouts and confirmation of volume. In the extremely volatile crypto space, a technical setup is only half the story—macro conditions and sentiment also seem to play just as dominant a role.

Final Thoughts

XRP appears to be at a crucial inflection point. With technical indicators flashing bullish, a historic Wave 3 rally potentially in the making, and Ripple’s regulatory outlook improving, the stage may be set for significant upside—if price can clear resistance. Whether it fulfills the lofty 600% surge forecast or not, XRP today is firmly back in the spotlight.

As always, crypto markets remain unpredictable. But if the bulls are right, this may be just the beginning of a new era for XRP crypto price prediction models.