Will XRP Rise 1000%? Analyst Says $XRP Is Preparing for a Major Breakthrough

JackTheRippler (@RippleXrpie), a well-known cryptocurrency supporter on X, has issued a detailed chart signaling a major breakout of XRP. The analysis spans over a decade of price action and applies Elliott Wave Theory, identifying the current position as part of wave 5, according to history associated with significant rises. His chart illustrates that XRP has emerged from a long consolidation phase, similar to the breakout from wave 2 to wave 3, which previously drove this digital asset to an all-time high of $3.84. The recent breakout from a bullish flag suggests that wave 5 may be underway, repeating the previous explosive movement.

Fibonacci Extensions Indicate High Targets JackTheRippler layers Fibonacci extension levels on top of each other to predict potential targets for this cycle. The chart highlights the 1.272 level at $8.44 and the 1.618 level at $27.23. These forecasts reflect previous cycles when XRP reached similar extension levels during peak price surges. The analysis also marks $1.36 as an important breakout level that has been surpassed and identifies $1.46 as the 0.382 retracement level, which may serve as support in the short-term fluctuations. These levels form the technical foundation for a structured rally. The analyst emphasizes the price areas that rise rapidly after consolidation patterns. The current setup of XRP is very similar to the early stage of wave 3, increasing the likelihood that a significant move is beginning. Recent Developments Contributing to Market Momentum Donald Trump recently announced a major trade agreement between the United States and the United Kingdom, contributing to a positive sentiment in the market. Investors view this trade agreement as favorable and it may contribute to renewed market confidence in assets like XRP. This announcement has caused a significant price rise for XRP and the market in general, and XRP is currently trading at $2.56, reflecting a 20.10% increase from last week. Although no forecasts are guaranteed, JackTheRippler's post presents a coherent argument based on data about why XRP may be entering a phase of sustainable growth. The combination of overwhelmingly bullish technical indicators, historical cycle repetition, positive news, and momentum makes this one of the most closely monitored setups. Other respected analysts have predicted a move up to 27 dollars, and the current market position makes the likelihood of a breakout very high.