XRP Will Target All-Time Highs After 50% Rally, According to Top Analyst

Renowned crypto analyst Michaël van de Poppe believes XRP is preparing to challenge its all-time highs (ATHs), following a steep rally from key support levels.

Renowned crypto analyst Michaël van de Poppe believes XRP is poised to challenge its all-time highs (ATHs), following a steep rally from key support levels.

In a new post on X, van de Poppe highlighted the importance of zooming out on vertical moves to identify high-timeframe entry zones. For XRP, he had previously marked $1.75 as a crucial buy level—since then, the asset has surged 50%, now trading above $2.38.

“When things go absolutely vertical, that’s the moment you want to zoom out and get higher timeframe entry points. The same applied for $XRP,” he noted.

The chart shared by van de Poppe highlights:

A breakout from the $1.50 zone, which had acted as support since May 2022.

Entry at $1.75, as highlighted by van de Poppe, and subsequent rally of over 50%.

Next resistance levels around $2.50, which could be crucial for determining the strength of the next leg up.

At the time of writing, XRP is changing hands at $2.376 and in the past hour alone, the asset has risen by 0.68%.

What’s Next?

Van de Poppe expects XRP to maintain bullish momentum and potentially retest its previous ATHs, depending on broader market strength. His bullish sentiment aligns with other altcoin trends emerging across the crypto market.

“I assume we’ll attack the ATHs soon,” he concluded.