Professor Astrones, a widely followed trader in the crypto community, has identified a bullish XRP structure with the likelihood of a new all-time high.
Notably, XRP is currently trading near $2.97, holding above a strong support zone around $2.60–$2.80, an area that has repeatedly attracted buying pressure in recent weeks. As a result, XRP’s price has not fallen below $2.60 since the breakout that took it to $3.66 in July.
For a coin trading at $2.97 at press time, this target promises a potential gain of nearly 70% for current holders. Also, a $5 price would give XRP a market cap of approximately $300 billion, about half the current size of Ethereum.
Meanwhile, several other analysts have also shared similar price targets for XRP’s next breakout in various analyses.
What Other Analysts Are Saying About XRP Price Action
Last week, trader CryptoWZRD predicted a major XRP breakout as it consolidates near its all-time high of $3.84. He believes the longer XRP stays in consolidation, the stronger its price expansion will be upon breakout.
CryptoWZRD believes breaking the $3.66 resistance could quickly push XRP to $4.50, calling it “inevitable”. At $3.00, XRP needs just a 21% gain to break out, and a further 23% to reach the new target.
On the other hand, analyst Blake Stonks emphasizes that XRP’s bullish structure is anchored by a long-term ascending trendline that began in late 2024
As long as XRP stays above this line, currently near $2.50–$3.00, the uptrend remains intact. The trendline has consistently acted as dynamic support, with buyers stepping in at each dip.
Meanwhile, analyst EGRAG highlights a separate long-term resistance line, dubbed “The Chasm,” which has also been trending upward. He believes this pattern could eventually send XRP above $10 as time progresses.
Bitcoin Sets the Tone for XRP’s Move
Overall, these bullish outlooks for XRP come as Bitcoin sets the tone for a Q4 blow-off top, having reached a new all-time high above $126K. Accordingly, eyes are now on XRP to see just how high it can go.
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