Crypto Analyst Predicts Massive Bullish Breakout for XRP to Hit $150

Crypto analyst Javon Marks has reaffirmed his ultra-bullish prediction for XRP in his latest analysis, projecting that the crypto token could rise to as high as $150 in this bull run. Marks conveyed his optimism in a recent post on X (formerly known as Twitter), where he suggested that XRP appears to be on the cusp of a “massive bullish breakout,” having recently tested one. He expressed confidence that sustained market strength could allow XRP to achieve this bullish breakout and initiate a Full Logarithmic Follow-Through, potentially driving the token’s price up over 41,400% to surpass $150.

Marks has long maintained the possibility of XRP reaching these remarkable heights based on his Full Logarithmic Follow-Through analysis. Previously, he had indicated that XRP could even soar to $200, stating that such a parabolic rally is plausible given its history, notably referencing the 2017 bull run when XRP experienced significant gains.

Other analysts share Marks’ bullish outlook for XRP. CryptoBull has projected that the crypto token could rise to $154, basing his prediction on an ascending broadening wedge pattern, which he anticipates XRP will soon break out from. Similarly, the crypto analyst known as JackTheRippler also foresees XRP achieving triple-digit prices, particularly after the resolution of the ongoing lawsuit between the US Securities and Exchange Commission (SEC) and Ripple. JackTheRippler recently suggested that a new all-time high (ATH) for XRP is imminent, citing the end of a multi-year bullish pattern for the token. He is optimistic that the conclusion of the SEC lawsuit will serve as a catalyst for XRP’s price rally.

Crypto analyst Mikybull Crypto has also offered a bullish narrative for XRP, predicting that the token is on the verge of breaking out from a six-year consolidation triangle. According to Mikybull Crypto, this breakout will be “massive,” leading to a “long sustained enormous rally.” He mentioned his own plans to invest in XRP, indicating his belief in the upcoming price surge. Previously, Mikybull Crypto had suggested that XRP might replicate its 2017 rally, with the potential to rise above $4 if it follows a similar trajectory.

Echoing these sentiments, crypto analyst Alex Clay has observed that XRP is breaking out of a symmetrical triangle it has been consolidating within for approximately 2,275 days. Clay predicts that XRP could rise to between $1.2 and $1.5 in the mid-term and reach up to $3 in the long term.

Amid these bold predictions, XRP’s price movements continue to be closely watched by investors and analysts alike, with many keeping a vigilant eye on market developments and regulatory outcomes that could influence the token’s trajectory.