XRP Price Prediction: Analyst Who Called the Surge When It Was at $0.5 Says This Is the Next Move

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Crypto analyst Crypto Michael, who called the XRP price surge when it was trading at $0.5, has predicted the altcoin's next move. Based on his prediction, XRP is set to sustain its current bullish momentum and possibly rally to a new all-time high (ATH) soon with a breakout above $3.

Analyst Predicts XRP Price Surge Above $3

In an X post, Michael predicted a second parabolic rally once the XRP price breaks the psychological $3. The analyst made this prediction while revealing that he had called this current XRP rally while the altcoin was still trading at $0.5. Indeed, last year, he stated that a historic breakout was incoming for the altcoin.

This parabolic move will take us to new all-time highs

I'll call it when it arrives but personally I don't think it'll be far off.

Still feels like there's another parabolic move to come once we break $3

I'm personally calling this move at around $0.5 back in August/September last year while people were saying it was dead forever

Crypto analyst CasiTrade recently stated that the XRP price could witness an explosive move above $3 if it breaks and holds above $2.69. This means that the projected parabolic rally for XRP above the $3 mark could happen soon. This rally could send the altcoin above its current ATH of around $3.84.

Crypto analyst Ali Martinez also suggested that the XRP price will unlikely encounter any major resistance as it targets a run to a new ATH. In an X post, he cited Glassnode data as he revealed that XRP has no major resistance clusters ahead. Meanwhile, the analyst noted that the key support zone is $2.38.

A Rally To Double Digits In This Cycle?

Several crypto analysts have predicted that the XRP price can rally to double digits in this market cycle. In an X post, Pepa stated that the plan stays the same for XRP. His accompanying chart showed that he expects the altcoin to rally to as high as $30 by year-end or the start of next year.

Crypto analyst CrediBULL Crypto also recently alluded to a previous analysis in which he predicted that the XRP price would reach $28 by year-end 2025. This move is expected to mark Wave 5 on his Elliott Wave Theory analysis. Similarly, analyst Egrag Crypto stated that XRP will reach between $27 and $33 in this cycle. Crypto analyst Mikybull Crypto offered a more conservative target, predicting that the altcoin will reach between $4 and $6 in this cycle.

At the time of writing, the XRP price is trading at around $2.52, down almost 2% in the last 24 hours, according to data from CoinMarketCap.