Analyst Predicts 200% Surge in Ripple XRP Price to $6.5

Ripple’s XRP price could potentially rally to $6.5, a rise of nearly 200%. Analyst Cryptarch_ highlights a Descending Triangle pattern and a rising RSI, suggesting bullish momentum. Key resistance levels include $2.49, $3.00, and $3.39, with a crucial date on May 10, 2025. Bitcoin’s strong performance may also influence XRP’s trajectory.

Recent analysis suggests Ripple’s XRP could be on the brink of a remarkable surge, possibly reaching $6.5 — which represents a near 200% increase from its current level. Analysts are closely monitoring new technical signals alongside Bitcoin’s thriving bullish trend, stirring excitement among traders regarding XRP’s next move.

The crypto analyst known as Cryptarch_, posting on TradingView, highlighted a detailed chart that points towards a Descending Triangle formation for XRP. Typically, this pattern suggests imminent significant breakouts, a sign that traders are watching carefully. Cryptarch_ also noted a positive shift in the RSI, which had been on a downward trajectory for months now, but recently began rising — suggesting a potential bullish trend.

As part of his trading strategy, he advises purchasing XRP at $2.10 with a stop-loss positioned at $2.00, providing some level of protection against major losses should the market take a downturn. This approach signals a firm belief in an uptrend, while also managing risks.

In the price chart, Cryptarch_ lays out a structured path for XRP, indicating multiple key resistance levels the price is expected to encounter. Notable resistance points are set at $2.49, $3.00, and $3.39, which will be critical for future gains. Breaking above the key $3 threshold is pivotal, following a notable rally at that level on March 2, 2025. Solid breakout and holding above this would establish a reliable support zone, paving the way towards the $6.5 target.

In his optimistic projection, the analyst foresees XRP climbing to $6.5, with a slightly higher target of $6.82, although he recommends securing profits at the $6.5 mark before facing the next stiff resistance point. Another date to watch is Saturday, May 10, 2025, which could be crucial for XRP’s future direction. If it can breach the $3 resistance, bullish sentiment may prevail; on the contrary, a rejection could push prices back down to $1.61.

The performance of Bitcoin is also a vital factor in this scenario. Analysts note that if BTC stays above $89,000, it could uplift the entire altcoin market. Currently, with Bitcoin trading at $91,872, the trend looks promising for XRP and its peers, indicating a potential rally across the market as a whole.