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XRP price forecasts have taken a dramatic turn as bold predictions surface, suggesting that the cryptocurrency could be on the verge of a parabolic 64,000% rally to $1,700
Cryptocurrency price forecasts have taken a dramatic turn as bold predictions continue to emerge. Among the latest is an ambitious technical analysis that suggests a parabolic 64,000% rally could be on the verge of unfolding, pushing XRP to $1,700.
The basis for this prediction is a historical price pattern that is unfolding on the charts, and which has previously been followed by massive rallies during the past bull cycles, according to crypto analyst The Real Remi Relief.
The analyst shared a chart highlighting two distinct consolidation phases in the third largest cryptocurrency’s price action. The first spans from 2014 to 2017, while the second lasts from 2018 until early 2024.
During both periods, XRP underwent a long-term compression, remaining bounded by a descending resistance line. This compression was followed by a breakout, retest, and vertical price expansion.
Importantly, this breakout in 2017 saw XRP reach levels last seen during the 2017 bull market, when the cryptocurrency clocked highs of $3.84 — a level it hasn’t revisited for over six years.
Earlier this year, XRP experienced a similar breakout that saw it pushing above the multi-year downtrend. The current chart shows that the cryptocurrency’s retest is holding, and this pattern has previously preceded massive rallies during the past bull cycles.
As a result, Real Remi Relief argues that history is on the verge of repeating itself. According to his end-of-the-year forecast for XRP, the cryptocurrency is poised for a staggering 64,000% rally, placing its price at a jaw-dropping $1,700 per token by as early as Q4 2025 or Q1 2026.
While the timeline could extend into the following year, the outlook still frames 2025 as a bullish turning point for XRP, with strong potential for the altcoin to close the year in a strong green. Interestingly, the crypto expert has also shared a more conservative target, predicting that XRP could record a still ambitious, but more realistic surge to $1,200 by year’s end.
While the Real Remi Relief’s $1,700 price projection for XRP is undeniably bold, the analyst goes even further, speculating that the cryptocurrency’s total upside potential in this cycle could surge as high as 80,000% and 150,000%. This surge could catapult XRP’s current price of $2.4 to an astonishing $1,920 and $3,600, respectively.
Such gains would not only eclipse XRP's previous all-time high but also represent one of the most dramatic asset revaluations in crypto history.
"I know people will be skeptical. But if you look at the historical chart, you can see that this pattern has led to massive rallies in the past. I think we could see something similar this time around. But we will see.no body can predict the future chart link, " the analyst stated.
However, skepticism remains, particularly among commentators under the analyst's X post, who view this bold forecast as an almost impossible goal.
"Not a chance in hell. More likely to go down than up from here. It's already had a huge move. People keep saying it's going to go on forever but at some point it has to stop and pullback/retest at min fib levels would make sense to me personally but who knows with crypto. Good luck to ya though. May the gains be with you. " one user commented.
Another X user, Hybrid investing, weighed in on the potential for further gains in the cryptocurrency markets.
According to Hybrid investing, the crypto markets have already seen significant surges this year, with some tokens achieving remarkable 100x returns. However, he believes that there's still untapped potential for even greater gains.
"We've seen some insane moves in the crypto markets this year, with some tokens not x100 from their lows. But I think we could see something even more dramatic in the coming months or year. For example, if we look at the long-term chart of XRP, we can see that it's currently testing the lower timeframe fib at 0.5.
If this level holds, I think we could see a final wave to new highs and then a vicious move lower to complete the fib structure. Of course, this is just my analysis, and anything could happen in the chaotic world of crypto. But I'm personally preparing for the possibility of further+.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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