XRP’s Bullish Momentum Builds: Analysts Eye $9.7 to $27 Price Surge

• XRP targets range from $9.7 to $27, with market cycles and historical patterns signaling a potential breakout.
• A confirmed breakout above $2.70 could drive XRP higher, while failure may lead to Fibonacci level retests.
• RSI at 65.29 shows strong buying pressure, but overbought conditions may trigger short-term volatility before a rally.

XRP is on the verge of a major price explosion, with bullish indicators signaling a breakout. According to analysts, price targets range from $9.7 to an astounding $27. Market cycles and technical patterns suggest history could repeat itself. With momentum building, XRP could see a rally soon .

XRP Market Cycles Indicate a Huge Rally

Egrag crypto highlights the power of market waves and historical patterns. When Elon Musk added Bitcoin to Tesla’s balance sheet, many expected companies to follow. However, market cycles drive real trends. Recognizing these patterns helps investors stay ahead.

XRP’s first key target is $9.7, based on the midpoint of a triangle breakout . Analysts suggest that instead of waiting for an exact peak, it’s wise to take profits between $8 and $10. This approach ensures gains amid volatile conditions.

A more aggressive target suggests XRP could soar to $27. The reasoning comes from the 2017-2018 bull run when XRP surged 718% after breaking out. If history repeats, applying the same percentage increase from the current local top of $3.4 places the next major price point at $27.

XRP’s Technicals Indicate a Breakout is Close

CasiTrades points out that XRP has climbed back inside a key pattern, now testing the upper trendline. A confirmed breakout could push XRP toward $2.70 and then $3.05. If rejected, the price may remain in consolidation.

The one-hour Binance chart shows XRP trading at $2.6267, up 1.65%. An ascending trendline is supporting the price, with Fibonacci retracement levels highlighting key resistance. The 0.118 Fibonacci level sits at $2.5984, while the 0.5 level is at $2.4326. The Relative Strength Index (RSI) is at 65.29, indicating strong buying pressure but approaching overbought conditions.

A black wedge pattern on the chart shows price tightening, pointing toward an imminent breakout . If XRP clears the $2.70 resistance, upside potential grows significantly. If not, lower Fibonacci levels could be retested.