A well-known crypto market analyst is predicting a major bullish move for XRP, with price targets surpassing $20 in the upcoming cycle.

The forecast draws direct comparisons to the historic 2014–2017 bull run, during which XRP posted an extraordinary rally of over 1,400%. This renewed optimism comes as XRP consolidates near the $2.86 mark, setting the stage for what could be one of its most significant breakout moments in years.

The timing of this prediction is drawing increased attention from traders and institutional observers. XRP has shown consistent accumulation over recent weeks, and technical patterns now appear to align with past breakout structures. With growing speculation about regulatory clarity and potential ETF catalysts, the XRP price prediction narrative has shifted into sharper focus.

Current XRP Price Scenario

As of October 9, 2025, XRP price today is hovering between $2.84 and $2.90, holding steady despite recent developments at Ripple. Market data shows a strong support base forming around $2.80, with resistance gradually tightening near the $3.10 level. This narrowing range often precedes a significant directional breakout.

XRP was trading at around $2.86, down 0.63% in the last 24 hours at press time. Source: XRP price via Brave New Coin

A key factor influencing short-term sentiment is the leadership transition at Ripple. David Schwartz, the company’s long-time CTO, has announced he will transition to a board and advisory role later this year. While this initially caused some volatility, the current XRP price has remained stable, suggesting traders are more focused on technical and macro signals than on internal leadership changes.

Trading volume remains relatively healthy, signaling active interest around the current range. The stability above critical support reflects a strong level of buyer confidence, setting the tone for what many analysts expect could be the next major leg of the XRP market cycle.

Upside Outlook

The latest bullish wave is being fueled by analyst Amonyx, who highlighted a double bottom breakout in XRP’s price chart. This analysis is based on a model developed by macro strategist Analyst Amonyx (@amonbuy) who mapped a 7-year structure that mirrors XRP’s pre-2017 breakout pattern. According to his projection, a confirmed breakout above the $3.20 resistance could push the price of XRP well beyond $20, with extended targets reaching as high as $34 if momentum unfolds similarly to the previous bull run.

Analyst highlights a confirmed double-bottom breakout for XRP, projecting a potential rally toward $20 as historical patterns reemerge. Source: @amonbuy via X

Another bullish technical signal supporting this outlook is a bull flag pattern identified by Steph Is Crypto. This pattern, which has formed on the daily chart between March and October 2025, typically indicates a continuation of an uptrend after a period of consolidation. Based on flagpole measurements, the short-term price target sits near $3.35, with mid-term projections extending into the $3.50–$4.00 zone.

Market sentiment is also being supported by growing optimism around XRP ETF approval in the U.S., along with increased institutional engagement. If buyers can push XRP decisively above $3.10, analysts believe a sustained rally could follow, echoing the kind of momentum seen in past bull cycles.

Downside Risks

Despite the strong bullish sentiment, the possibility of a near-term correction cannot be ignored. A failure to hold the $2.80 support zone could expose XRP to a slide toward $2.72–$2.60. This scenario could materialize if the leadership transition at Ripple faces execution delays or if market sentiment weakens due to broader macroeconomic or regulatory concerns.

Analyst suggests XRP is poised to retest the triangle’s lower boundary near $2.72. Source: Ali Martinez via X

Broader market dynamics also play a role. If risk-off sentiment intensifies across large-cap cryptocurrencies, even a technically strong structure like XRP’s could face short-term headwinds. Analysts emphasize the importance of defending key support levels to keep the current bullish structure intact.

XRP Price Prediction Based on Current Levels

Based on the XRP price chart and current consolidation zone, analysts have identified the $2.80–$3.10 band as the critical short-term pivot. A confirmed breakout above this range would likely trigger an upward push toward $3.50, with $4.00 emerging as the next psychological target.

Analyst notes XRP’s bullish flag pattern signals a potential breakout toward $3.35, though weakening momentum and key support near $2.65–$2.70 warrant caution. Source: @Steph_iscrypto via X

Additionally, historical fractals are signaling the possibility of a far larger move. If XRP mirrors the 2014–2017 rally, analysts believe the token could surge more than 1,000%, with the XRP price forecast 2025 reaching the $20–$34 zone. This scenario would require sustained bullish momentum, institutional participation, and favorable regulatory conditions.

For now, XRP remains at a defining technical moment. Traders and long-term investors are watching closely as the asset hovers near the neckline of a multi-year structure, potentially setting the stage for a historic rally if the breakout follows through.