XRP has joined the recent crypto upswing after Bitcoin pushed back above the $100,000 mark. Prices have climbed into the upper end of the $2 region. That has some traders betting on much higher targets ahead. According to market observers, a mix of classic chart setups points to fresh peaks. But history also shows that big runs often come with sharp pullbacks.<\/p>\n
Based on reports, the rally began when Bitcoin broke through key resistance near $100,000. XRP followed suit by rising from around $0.50 in late 2024 to about $3.30 by January 2025. That was a gain of over 500%. Since February 2025, XRP<\/a> has moved sideways around $2.40. Some traders see this as a quiet pause before the next leap. Others warn that holding a narrow range can trap buyers in false breakouts.<\/p>\n According to crypto analyst Mags, known as \u201cthe scalping pro,\u201d this sideways action mirrors the 2017 cycle. Back then, XRP shot up from $0.0055 in March 2017 to $0.3988 in a parabolic phase. After six months of calm, the altcoin<\/a> blasted to $3.40 in what he calls a blow\u2011off top. Now,<\/p>\n $XRP<\/a> is going to $7<\/p>\n Shared XRP below $0.5 before it went 6x.<\/p>\n The current consolidation looks similar to what we saw back in 2017-18 before the blow off top.<\/p>\n Expecting something similar.<\/p>\n easy 2-3x from here.. https:\/\/t.co\/GG8uHFwRvK<\/a> pic.twitter.com\/b9juSGSp5y<\/a><\/p>\n \u2014 Mags (@thescalpingpro) May 10, 2025<\/a><\/p>\n\n Mags expects history to echo again. He predicts an ultimate price of $7.30, about 200% above today\u2019s levels. His chart outlines four stages per cycle: first bounce, accumulation, parabolic climb, then blow\u2011off top.<\/p>\n Triangle Breakout Signals Growth<\/strong><\/p>\n Based on reports from analyst Ali Martinez, there\u2019s another setup in play. He points to a multi\u2011year symmetrical triangle that ran from January 2018 to November 2024. XRP broke out of that pattern when it surged toward $2 after the US elections last year.<\/p>\n If the governing pattern behind $XRP<\/a> is this symmetrical triangle, the target could be $15. pic.twitter.com\/zFICoLyu2x<\/a><\/p>\nParabolic Run May Set Stage<\/strong><\/h2>\n