Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Crypto Investment Products Fully Recover From $7 Billion Outflows Seen in February-March

May 20, 2025

Telegram’s Durov Calls out French ‘Manipulation’ Over Censorship Demand

May 20, 2025

SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto

May 20, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Crypto Investment Products Fully Recover From $7 Billion Outflows Seen in February-March

    May 20, 2025

    Telegram’s Durov Calls out French ‘Manipulation’ Over Censorship Demand

    May 20, 2025

    SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto

    May 20, 2025

    Senate Advances Stablecoin Bill, Clearing the Way for Final Passage

    May 20, 2025

    JPMorgan boss says bank users can soon buy Bitcoin

    May 20, 2025

    Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

    May 19, 2025

    Bitcoin fractal analysis forecasts new all-time highs above $110K by end of week

    May 19, 2025

    Bitcoin futures data aligns with BTC traders’ hope for new all-time highs

    May 19, 2025

    Price predictions 5/19: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI

    May 19, 2025

    Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims

    May 19, 2025

    US crypto funds top $7.5B inflows in 2025 as investor appetite grows

    May 19, 2025

    Vitalik Buterin proposes partially stateless nodes for Ethereum scaling

    May 19, 2025

    Quantum Biopharma adds to crypto holdings

    May 19, 2025

    Crypto.com, Canary launch CRO fund in US

    May 19, 2025

    Community sales are the future of crypto fundraising

    May 19, 2025

    Trader Predicts Ethereum Rally to All-Time Highs, Expects Bullish Continuation for Chainlink and One Solana Rival

    May 19, 2025

    Crypto Investment Products Fully Recover From $7 Billion Outflows Seen in February-March

    May 20, 2025

    Telegram’s Durov Calls out French ‘Manipulation’ Over Censorship Demand

    May 20, 2025

    SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto

    May 20, 2025

    Senate Advances Stablecoin Bill, Clearing the Way for Final Passage

    May 20, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    Bitcoin Parabolic: Escape the Fiat System NOW!

    May 19, 2025

    Buy These Altcoins! (Congress About to GREENLIGHT Crypto Bill THIS WEEK!)

    May 19, 2025

    URGENT: Crypto Holders – It's a TRAP!! What Comes NEXT?? (Do NOT Be Fooled!)

    May 19, 2025

    Million Dollar Bitcoin?

    May 19, 2025

    Bitcoin's KEY Levels, Altseason Incoming, XMR, ENA, HYPE & More

    May 19, 2025
ApeWatcher News
Home » XRP price analysts project $10 next, ‘optimistic’ target of $20
XRP price analysts project  next, ‘optimistic’ target of
Altcoin

XRP price analysts project $10 next, ‘optimistic’ target of $20

Coin TelegraphBy Coin TelegraphApril 15, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

XRP (XRP) price is up 15% over the past seven days from a low of $1.61. According to several technical analysts, a sustained recovery daily close above $2.20 will signal a strong trend reversal that could put double digits within reach.

XRP/USD daily chart. Source: Cointelegraph/TradingView

XRP price must reclaim $2.20

After the cryptocurrency market experienced a relief rally due to US President Donald Trump’s announcement of tariff exemptions for a range of tech products, traders are optimistic about the possibility of XRP price breaking into double digits.

Analyst DOM said XRP’s recent retest of the support at $1.96 saw it regain a key “value area” above $2.00, established in December 2024. 

“$2.20 is now the only objective here,” the analyst said in an April 13 post on X, adding that a decisive move above this level would lead to a rise toward $2.50.

An accompanying chart showed that the price has also reclaimed the election VWAP (Volume Weighted Average Price) at $2.03, suggesting a potential for further gains.

“If $2.00 and election VWAP stay as support, this chart looks very constructive.”

XRP/USD chart. Source: Dom

XRP’s immediate support at $2.10, also the 100-day exponential moving average (EMA), is especially important, according to the liquidation heatmap.

A wall of bid liquidity is building around this level, suggesting that a retest of support and a liquidity grab here is becoming increasingly likely in the short term.

XRP liquidation heatmap. Source: CoinGlass

Will XRP price hit $20 in 2025?

Following the recent recovery in XRP price, Maelius, an anonymous crypto analyst, said that the altcoin could reach $10 and an “optimistic” target of between $15 and $20, according to the Elliott Wave Theory on the weekly time frame chart.

“Conservative case assumes XRP has completed its W3, currently in the process of finalizing W4, before expanding to a final W5.”

He added that the price action and RSI were mirroring the 2017 cycle, with the RSI topping out in the resistance area (in red), suggesting overbought conditions. 

If the current cycle repeats, Maelius predicts XRP could reach a W5 target of around $10 toward the end of the year. 

“Conservative assumption is for a magnitude of W5 to replicate the one of W3, thus targeting $10.”

XRP/USD weekly chart. Source: Maelius

Continuing, the analyst argued that there is a possibility that the W3 top is not in just yet.

Related: Price analysis 4/14: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO

The reason given is a larger accumulation period compared to the 2017 cycle in terms of both price and the RSI.

“Therefore, there is a possibility we have just completed W3 out of larger W3, meaning it is just taking a bit more time than previously,” Maelius explained. 

If it is taking longer this time, Maelius expects the RSI to retest the resistance to confirm the completion of the third wave. Also, the Eliott Wave count would be in line with the previous cycle, with a longer fourth wave within the third wave as before.

“In such a case, the final W5 top could easily get prolonged to Q1-2 of 2026, with higher targets than in the conservative case, i.e. likely in the range of $15-$20 or even higher. ” 

XRP/USD weekly chart. Source: Maelius

Meanwhile, fellow analyst XForceGlobal noted that XRP is still in a “major bull market,” with its price action standing out dramatically from the rest of the crypto market from an Elliott Wave Theory perspective.

“If we have all the ideas aligned together with even the simple technical analysis, there is a very good chance that we’re are gonna be working for all-time highs at the very minimum expectation.” 

XRP/USD daily chart. Source: XForceGlobal

As reported by Cointelegraph, XRP’s symmetrical triangle pattern suggests a possible rally to new all-time highs over $3.50. 

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Quantum Biopharma adds to crypto holdings

May 19, 2025

Crypto.com, Canary launch CRO fund in US

May 19, 2025

Community sales are the future of crypto fundraising

May 19, 2025

Trader Predicts Ethereum Rally to All-Time Highs, Expects Bullish Continuation for Chainlink and One Solana Rival

May 19, 2025

XRP price risks falling to $2 after classic bearish chart pattern confirms

May 19, 2025

Tether surpasses Germany’s $111B of US Treasury holdings

May 19, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Crypto Investment Products Fully Recover From $7 Billion Outflows Seen in February-March

May 20, 2025

Telegram’s Durov Calls out French ‘Manipulation’ Over Censorship Demand

May 20, 2025

SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto

May 20, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.