News
  • Anjali Belgaumkar
    author-profile
    Anjali Belgaumkar right arrow
    Author

    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

    • author twitter
    • linkedin
  • Reviewed by: Qadir AK
    author profile
    Qadir AK right arrow
    Reviewed

    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

    • author facebook
    • author twitter
    • author linkedin
  • 1 minute read

XRP Price Prediction For July 12

  • currency-symbol XRP $ 2.77 (4.76%) top gainer
Story Highlights
  • XRP breaks out of bull flag pattern, surging past resistance with eyes on $3.20 and potential all-time high retest at $3.40.

  • Elliott Wave analysts spot bullish “one-two setup,” with $2.39–$2.60 acting as strong support for the ongoing uptrend.

XRP is once again turning heads in the crypto market as it breaks through key resistance levels. For months, XRP had been stuck moving sideways within a tight range. But in recent sessions, the price finally managed to break above the upper boundary of its bull flag pattern,  a setup that often signals the start of a stronger uptrend.

XRP is now eyeing $3.20, followed by the all-important $3.40 level,  which marks the previous all-time high for XRP. Crossing this would be a huge milestone and could fuel even more buying interest.

This breakout has excited traders, especially since XRP is known for making sharp, straight-line moves when it starts gaining momentum. Unlike many other cryptocurrencies that typically see pullbacks along the way, XRP tends to move quickly once it gets going. At the time of writing, XRP is trading at $2.76 and is up by more than 7% in the last 24 hours.

What the Elliott Wave Patterns Are Showing

Market analysts using the Elliott Wave theory had been pointing out a “one-two setup” pattern forming on the charts, which is often a reliable signal before a breakout. A similar setup helped forecast XRP’s move last year, and now the same pattern is hinting at further upside move.

What’s Next for XRP?

Now that XRP has cleared some important resistance levels, the next major price targets lie between $2.90 and $3.00. If the current trend continues, a quick move back toward its all-time high around $3.30 to $3.40 could also be possible.

On the downside, immediate support for XRP lies between $2.39 and $2.60. This zone has acted as a reliable safety net for the price in recent days. As long as XRP stays above this range, the overall trend remains bullish.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

What price will XRP reach in 2025?

XRP could reach up to $5.81 in 2025, supported by institutional demand and Ripple’s growing global adoption.

What is the XRP price prediction for 2030?

By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.

Where will XRP be in 2040?

XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.

Show More

Related Articles

Back to top button