Crypto investor and analyst Michael XBT, who correctly predicted XRP’s massive 600% surge in 2024, is once again turning heads with a new forecast. Could XRP be gearing up for another breakout? Let’s dive into what he’s saying now.
XRP faced a brutal second quarter in 2024, dropping by 25% and hitting a yearly low of $0.38 on July 5. Interest in the token was fading fast.
But while sentiment was low, Michael XBT spotted a bullish pattern forming — a 7-year bull pennant, a strong continuation setup in technical analysis. He predicted a major breakout.
And he was right.
By January 16, 2025, XRP skyrocketed to $3.40, marking a stunning 600% increase from its lows — exactly as he forecasted.
After peaking in January, XRP has entered a consolidation phase. Here’s a look at recent performance:
Despite recent pullbacks, XRP is holding strong above $2, even after touching $1.60 on April 7.
Michael XBT calls this a “healthy cooldown” before the next big move.
Michael now believes XRP could be on the verge of another massive breakout — one that could rival Bitcoin’s 8-year trendline breakout.
While he hasn’t given a specific price target yet, his confidence is clear.
Other analysts expect XRP to reach $5 to $30 during this cycle. However, some extreme bulls still cling to the dream of $100 XRP, though many experts view this as highly unrealistic.
Michael XBT’s track record has earned him credibility in the crypto world. With XRP showing signs of a potential breakout, investors are watching closely.
XRP could reach up to $5.81 in 2025, supported by institutional demand and Ripple’s growing global adoption.
By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.
XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.
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