Reflect

Bold

REAL

NOTHING

<p>Analyst Charting Guy has made a bold prediction regarding <a href="https://captainaltcoin.com/top-analyst-updates-xrp-price-target-amid-key-ripple-approval-and-growing-optimism/" target="_blank" rel="noopener noreferrer nofollow">XRP’s potential price trajectory</a>.</p>
<p>Moreover, he highlighted a breakout pattern that aligns with XRP’s 2017 performance, suggesting a potential meteoric rise. Through a detailed tweet, they outlined projected price targets, referencing fractal behavior and Bitcoin’s ongoing price discovery as catalysts.</p>
<h2 class="wp-block-heading" id="strong-xrp-breaks-long-term-wedge-pattern-strong"><strong>XRP Breaks Long-Term Wedge Pattern</strong></h2>
<p>The chart shared by the analyst shows <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> breaking out of a wedge pattern that has defined its price movement since late 2017. This structure, characterized by narrowing price action, has culminated in a breakout in late 2024.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> 2017 fractal update<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/203c.png" alt="‼" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>FINALLY.<br><br>it’s happening.<br><br>i’ve been tracking this basically all year speculating on breakouts, but as i said before, i was ignoring that <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> and most lagging altcoins do NOTHING until <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> breaks out in REAL price discovery, not a fake breakout… <a href="https://t.co/ZPIin1s4Ew" target="_blank" rel="noopener noreferrer nofollow">https://t.co/ZPIin1s4Ew</a> <a href="https://t.co/dpIrM7JpL5" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/dpIrM7JpL5</a></p>— Charting Guy (@ChartingGuy) <a href="https://twitter.com/ChartingGuy/status/1867427991510540315?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 13, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Historically, similar patterns have preceded rapid upward price movements.</p>
<p>Key support levels during this period included $0.25 and $0.50, with the upper boundary acting as resistance at around $0.80 to $1.00. Following the breakout, XRP has surged, <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">trading near $2.33</a>. This marks the onset of what could be a parabolic phase, mirroring XRP’s explosive rise during its previous bull run.</p>
<p>The tweet emphasizes the importance of Bitcoin’s November 2024 move into genuine price discovery, which appears to have set the stage for XRP and other altcoins to gain momentum.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/why-is-avalanche-avax-price-doubling-key-chart-analysis-revealed/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Why Is Avalanche (AVAX) Price Doubling? Key Chart Analysis Revealed</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-price-targets-reflect-historical-fractal-behavior-strong"><strong>Price Targets Reflect Historical Fractal Behavior</strong></h2>
<p>The analyst predicts XRP could reach $8 by January 2025 if it continues to follow the fractal pattern observed in 2017. This projection aligns with historical price movements, where XRP experienced rapid surges over short periods after breaking similar patterns.</p>
<p>Looking further ahead, the 1.618 Fibonacci extension suggests a target of $26 by Q4 2025. This extension is often used in technical analysis to predict potential price peaks during bullish market cycles. The timeline suggests that after hitting $8, XRP may undergo a prolonged consolidation phase before resuming its <a href="https://coinpedia.org/news/ripple-price-to-moon-soon-how-gaming-and-a-i-on-xrp-can-fuel-massive-rally/" target="_blank" rel="noopener noreferrer nofollow">upward trajectory</a>.</p>
<p>The breakout aligns with Bitcoin’s entry into price discovery, a critical condition noted in the tweet. Historically, XRP has lagged behind Bitcoin’s movements but tends to rally strongly during alt seasons driven by market-wide euphoria.</p>
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/ripple-analyst-makes-bold-xrp-price-prediction-reveals-timeline/" rel="noopener noreferrer nofollow">Ripple Analyst Makes Bold XRP Price Prediction, Reveals Timeline</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ripple Analyst Makes Bold XRP Price Prediction, Reveals Timeline

Table of Contents

CaptainAltcoin

Other articles published on Dec 13, 2024

Ai16z Price Prediction: AI16Z Soars To A New All-Time High, But Investors Flock To This New Staki...

Crypto Whale Who Made Millions Trading Memecoins SHIB and DOGE Bets Big with 1Fuel

Bitcoin Miner Riot Platforms Bought Over $510M in BTC

BlackRock’s Crypto ETF Strategy Highlights Bitcoin and Ethereum

Cardano (ADA) Struggles to Keep Up as Competitor Poaches Its Top Investors, Will ADA Slip Out the...

Analyst Now Forecasts A Significant Surge For XRP

Join our free newsletter for daily crypto updates!