XRP has surged nearly 50% over the past week, trading around $1.50 with a market capitalization exceeding $93 billion, briefly surpassing BNB to become the fourth-largest cryptocurrency before returning to fifth place. Analysts present mixed outlooks: some see further gains toward $6 or even $15 based on historical patterns, while others warn of a potential double-digit correction if support levels around $1.30 are breached. Institutional interest remains strong, with spot XRP ETFs recording their best week since May and consistent capital inflows since August 5.
Ripple’s XRP has risen nearly 50% in the past week, now trading at roughly $1.50 with a market capitalization of over $93 billion. It briefly overtook BNB to become the fourth-largest digital asset before returning to fifth.
Analyst CW claimed that XRP has returned inside an ascending channel and that a golden cross has occurred between the EMA lines of the RSI indicator. They believe “a bullish rally has begun.”
Institutional interest supports the upward scenario. Spot XRP ETFs have accumulated a serious amount of capital recently, with the last red day on August 5. Last week was the best for these funds since May.
Analyst Diana offered a more cautious forecast. She noted that XRP’s RSI has dropped from extreme overbought territory, indicating momentum is cooling. She said holding the $1.42–$1.30 range could lead to a surge to $1.70, but losing $1.42 might trigger a pullback below $1.30.
“A confirmed break above it could restart the expansion higher, while losing $1.30 would be the first major warning that the breakout structure is weakening,” she added.
Analyst ChartNerd also assumed a correction is plausible but opined that such a downfall “will give you one final opportunity.”
More bullish predictions come from other users. Celal Kucuker predicted a rise to $6 is “coming soon.” Cup argued that XRP repeats the same macro structure as 2017, which could lead to a new all-time high of $15.
