XRP may be trading well below the $2 price level, but this has not stopped outrageous predictions of his supporters. One such recent prediction came from a crypto analyst who predicted a surge into double-digit territory in the coming months.
The prediction comes as XRP trades around the mid-$1 range, with weeks of tight consolidation and a lack of clear bullish momentum across the crypto market. However, the prediction is that XRP has ended its wave 2 accumulation and will rise to $13 within the next three months.
CryptoBull Says XRP Repeats 2017 Bull Run Structure
The 2017 to 2018 bull run is one of the most powerful rallies in XRP price history. During that cycle, the price of the cryptocurrency rose from well under one cent to over $3 in a few months, in a near-vertical move with few corrections.
Related reading
Interestingly, a crypto analyst known as CryptoBull believes that XRP reflects this interesting 2017 bull cycle. only extended over a longer period of time. According to his analysis, the current structure resembles one Elliott Wave formation similar to the one that preceded XRP’s explosive rally nearly a decade ago.
The chart he shared charts the 2017 bull run with a clear impulsive five-wave move that ended with a massive rally. He placed a projected scenario for 2026 on the right side of the chart, labeling the current price action as the completion of Wave 2. If that interpretation is true, it means Wave 3 is now about to begin.
Wave 2 has been happening since XRP reached a new peak price of $3.65 in July 2025. The recent sideways price action between $1.4 and $1.5 can be seen as an accumulation period before expansion.
The weekly consolidation range keeps XRP at an important level
XRP may still be subject to a bullish outlook, but the current price action is far from outright bullishness. Crypto analyst Guy on the Earth offered a more measured perspective with a focus on XRP’s weekly chart structure.
Related reading
If noted by the analyst, XRP recently ended the week within a consolidation range between its 2021 all-time high and a lower high created during the recovery.
The weekly chart he shared shows XRP trading within a defined horizontal range, with the price in a clear downtrend since July 2025. The key marked level is $1.41. According to his analysis, a weekly close below that zone would open the door to downside price targets below $1 possibility of XRP price falling as low as $0.60.
While momentum has shifted slightly to the upside in recent trading sessions, there is still a need for confirmation. In that case the weekly close above $1.41 is the deciding factor in determining whether XRP maintains its structure or enters a deeper correction phase. The XRP/BTC pair is also recovering from recent lowsand this is a sign that relative strength may be returning.
Featured image from Getty Images, chart from Tradingview.com