World Crypto Global
- Written by: Abdulkarim Abdulwahab
- Wed, 14 May 2025
- United States
The only way for XRP now is up, according to widely followed trader CryptoWZRD, who projects a new all-time high for the coin.XRP has again surged past $2.61 for the second time this week. The coin now boasts an impressive weekly gain of 22% amid a renewed attempt to reach the long-cherished $3 price level. XRPs ongoing price action has many analysts speculating on how high it could go this time before another pause.New All-Time High "Inevitable"CryptoWZRD is among those offering bullish predictions. According to him, XRP is now on an up-only trend, steadily grinding higher.He noted that the coin held its ground during the most recent downturn, which saw a retest of the $1.60 level. With XRP now above $2.61, up 62% from that low, CryptoWZRD warned skeptics to stop fighting the trend. He asserted that a new all-time high is inevitable for XRP.Accompanying the update is a weekly XRP chart highlighting its historical price action since 2014. It shows how XRP broke out to an all-time high after a three-year consolidation between 2014 and 2017.The chart also suggests that the longer consolidation period from 2018 has now ended and that there is significant room for price levels to surpass XRPs previous peak. Notably, CryptoWZRDs chart indicates XRP could soar to $5.90 during this current leg, implying a 126% gain from today's price.CryptoWZRDs XRP weekly chart projecting $5.9Interestingly, a $5.90 price point would place XRPs market cap above $345 billion, higher than Ethereums current valuation of $317 billion. While this hints at the possibility of XRP flipping Ethereum, the path may be difficult, as ETH bulls have returned. The coin has surged 43% in the last seven days, double XRP's gain.Other Projections for XRP Peak Amid BreakoutMeanwhile, other market commentators are weighing in on XRPs breakout, including Good Morning Crypto podcast host Abdullah Nassif, known as Abs.In a tweet, Abs claimed that XRP's breakout is gaining momentum and invited community members to share their price targets. The chart accompanying his tweet showed potential peaks of $8 and $27 for XRP, based on historical Fibonacci levels.These levels aligned with the 1.272 and 1.618 Fibonacci extensions, which defined XRP's price movement during the 20172018 rally.XRP price chart by AbsAlso, some analysts are predicting XRP's potential in this cycle by drawing inspiration from its historical market dominance during previous peaks.For instance, trader DK64Trades stated that XRP could easily surpass $10 this year. He compared XRPs current market dominance (~5%) to its 2018 peak (~31%) when the price reached $3.84. He believes a return to similar dominance levels could drive the price significantly higher.On the other hand, analyst Capt Toblerone projects a $1.25 trillion market cap for XRP in a full-fledged crypto bull market with a global crypto valuation of $35 trillion. Based on this valuation, XRPs price could reach $22 per token.
Top Analyst Says the Only Way for XRP Is Up
The only way for XRP now is up, according to widely followed trader CryptoWZRD, who projects a new all-time high for the coin.XRP has again surged past $2.61 for the second time this week. The coin now boasts an impressive weekly gain of 22% amid a renewed attempt to reach the long-cherished $3 price level. XRPs ongoing price action has many analysts speculating on how high it could go this time before another pause.New All-Time High "Inevitable"CryptoWZRD is among those offering bullish predictions. According to him, XRP is now on an up-only trend, steadily grinding higher.He noted that the coin held its ground during the most recent downturn, which saw a retest of the $1.60 level. With XRP now above $2.61, up 62% from that low, CryptoWZRD warned skeptics to stop fighting the trend. He asserted that a new all-time high is inevitable for XRP.Accompanying the update is a weekly XRP chart highlighting its historical price action since 2014. It shows how XRP broke out to an all-time high after a three-year consolidation between 2014 and 2017.The chart also suggests that the longer consolidation period from 2018 has now ended and that there is significant room for price levels to surpass XRPs previous peak. Notably, CryptoWZRDs chart indicates XRP could soar to $5.90 during this current leg, implying a 126% gain from today's price.
