XRP Is an Insane Opportunity, Says Top Analyst: Here’s the Reason

XRP may still have more staggering upsurge potential in the tank, as analysts identify an exceptional opportunity for holders of high-caliber assets.

Specifically, prominent market watcher “The Analyst” shared what he termed an “insane opportunity” in a recent X post. The projection highlights a bullish price development on the XRP chart with massive minimum and maximum targets on the horizon.

Notably, the analysis comes on the heels of XRP’s latest retracement after recently hitting price levels last seen in March. The fourth-largest cryptocurrency by market cap surged to $2.655 a week ago following Bitcoin’s ascent above $100,000, but it has moved downwards by nearly 14% since then.

XRP Eyes an Insane Ride to New ATHs

The May 18 commentary identifies that XRP has held a descending support trendline after completing a five-wave Elliott Wave pattern on the 1D timeframe. XRP started the first wave with its November 2024 500% rally and completed the fifth wave with its swing to January’s multi-year high of $3.399.

Since completing the bullish pattern, XRP has retraced considerably but has rebounded after each dump to a strong support trendline. Notably, its recent upward trajectory came from its recovery after dipping to the support zone at $1.614.

Meanwhile, the April 7 support line revisitation aligned with the region around the 0.618 Fibonacci extension, often called the golden pocket. This sparked a quick rebound, with The Analyst predicting a bullish continuation to higher prices.

XRP Analysis/The Analyst

First, he suggested a retest of the $3.400 price mark, an area that failed to hold in January. If XRP breaks the crucial resistance, the analysis predicted a rally to the 1.618 Fibonacci extension at $6.5, a 182.6% rally from its current price.

Interestingly, the Analyst emphasized that $6.5 is only the minimum target for the rally and XRP could extend gains. Specifically, he predicted further upside to $9.5, a 313% growth from the current price and a 46% uptick from the minimum target.

Other Calls for a $9+ XRP Price

With XRP nearing the $3 price mark last week, bullish calls have intensified for the coin. Yesterday’s projection for a $9+ rally adds to the recent commentaries predicting a similar price attainment.

For instance, prominent market figure “The Modern Investor” boldly claimed that XRP would rally to $9 by September 2025. Also, analyst DK64Trades predicted an easy ride above $10 this cycle, citing a reclaim of its January 2018 market dominance

Expert Issues Crucial XRP Warning

Despite heightening bullish sentiments, market expert Ali Martinez has issued a crucial XRP warning. He shared in a recent post that the asset could dump back to $2 if it loses the critical support level at $2.300.

His commentary highlighted a potential head-and-shoulders pattern on the hourly timeframe, with the baseline around $2.300. If XRP fails to defend its current support, it could drop back to its early May price range.