XRP Primed for Explosive 450% Rally to $7, Analysts Predict

Leading crypto analysts are projecting a significant surge for XRP, with one prominent figure, Diana, forecasting a massive 450% rally that could see the altcoin reaching $7, establishing a new all-time high this year. This optimistic outlook is underpinned by key technical indicators and Elliott Wave analysis.

Bullish Technical Signals and Price Targets

According to analyst Diana's technical assessment, XRP is currently holding a critical support zone between $1.50 and $1.55. Should this support level be successfully defended by buyers, XRP is poised for an immediate upward move towards $1.88 to $2.00. This initial breakout is expected to lead into a larger Wave 5 impulse, projecting a medium-term target range of $5 to $8, with the $7 mark aligning as a realistic peak within this cycle. The analyst suggests this ambitious target could be achieved within the next four to eight months, potentially seeing XRP hit its peak between June and October 2026 if current momentum sustains.

Navigating Key Resistance Levels

Another crypto analyst, CasiTrades, reinforces a similar bullish sentiment, anticipating a Wave 4 relief rally to commence soon for XRP. CasiTrades points to the first significant resistance at the $1.78 level, which represents the 0.382 Fibonacci retracement and a prior support breakdown point. Given that the previous Wave 2 was shallow, there's a strong possibility for a deeper Wave 4 retracement, potentially pushing XRP higher to $1.93 or even $2.03 (the macro 0.5 retracement level). Reclaiming and holding the $2.03 mark is crucial for XRP to invalidate a deeper Wave 5 decline towards $1.55 or lower, emphasizing the importance of current price action. At the time of analysis, XRP was trading around $1.58.