- XRP is showing a pattern similar to its last bull cycle.
- A price move to $9.63 implies a 188% gain from current levels.
- Further price expansion may follow if momentum holds.
XRP is once again capturing the attention of crypto traders as its current market movement mirrors the bullish structure of its previous bull cycle. Analysts are now pointing to the next major target of $9.63, which represents a +188% increase from current price levels.
The recurring pattern is fueling optimism that XRP could be entering the next explosive phase of its rally.
Similar Structure, Bigger Ambitions
Looking at historical price charts, XRP’s last significant bull cycle also followed a similar trajectory — consolidating over time before blasting off into new highs. Today’s structure is eerily similar. If the pattern holds, XRP could be on the cusp of another parabolic move.
Technical analysts believe the next leg up could push the price to approximately $9.63, a level consistent with Fibonacci extensions and historic resistance zones. This projection isn’t just speculative — it’s rooted in the strong visual similarities between the two market cycles.
More Than Just $9.63?
What’s even more exciting for XRP holders is the potential that prices may not stop at $9.63. With momentum and sentiment building, and institutional interest in Ripple growing post-SEC developments, the crypto community speculates that XRP could surpass this level, entering price discovery mode.
However, traders are urged to remain cautious. While technical indicators are promising, the crypto market remains volatile, and external factors like regulation or macroeconomic shifts can impact price movements.
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