Key Insights:
- XRP price has formed an inverted H&S pattern, targeting $3.14 if the neckline breaks above $2.20.
- Peter Brandt forecasted that Ripple could close 2025 between $1.02 and $1.98 despite rebounds.
- By 2025–2028, Standard Chartered and others predict that XRP would range from $5.50 to $24.
Ripple (XRP) price has formed a bullish pattern that may signal a breakout to $3. The structure, an inverted head and shoulders (H&S), suggested a strong recovery from recent lows around $1.60. Meanwhile, industry forecasts for XRP’s long-term trajectory diverge.
Veteran trader Peter Brandt forecasted Ripple to reach between $1.02 and $1.98 by the end of 2025. In contrast, Standard Chartered predicted that XRP price could reach highs of up to $24 within three years.
This mix of short-term bullish momentum and varied long-term views reflected XRP’s volatile and strategic role in the crypto landscape.
Inverted Head and Shoulders Signals Bullish Momentum for XRP Price
Recent analysis revealed that Ripple formed an inverted head and shoulders pattern in early April. The pattern started with a left shoulder at $1.95, indicating a potential bullish reversal.
The head was formed by a dip to $1.70, marking a significant point in the pattern. This was followed by a rise and a higher low at $1.90, completing the right shoulder. The $2.20 neckline was the breakout level to confirm the reversal.
Steph Is Crypto posted the chart on X, highlighting a target of $3.14 based on the measured move method. This calculation took the vertical distance from the head to the neckline and projected it upward.
As of the analysis, XRP price hovered near $2.07, showing signs of strength as it approached the critical resistance level.
This technical setup suggested increasing bullish pressure. However, a breakout must be backed by substantial volume to confirm the pattern. Without it, the formation may fail and revert to consolidation.
XRP Price Action Shows Recovery From 52% Decline
Ripple price rally began late last year, gaining over 500% between November and January. It peaked at $3.39 in mid-January and closed that month at $3.035, the highest monthly close on record.
After this surge, XRP price dropped sharply, losing 52% and bottoming at $1.614 in April. Since then, Ripple has gradually recovered, trading at nearly $2.078.
This bounce off the $1.60 level formed the basis of the H&S structure. Price stabilization near $1.90 supported the theory of reduced selling pressure and renewed accumulation.
This recovery and bullish pattern could suggest market preparation for another leg up. The setup would indicate strong technical confirmation if Ripple breaks above $2.20 with momentum.
Top analyst Sees Lower Levels By Year-End
Concerning the bullish case, Peter Brandt offered a more bearish long-term view. His recent chart suggested that XRP price might close in 2025 at $1.02 or $1.98. These projections were based on estimated market capitalization and anticipated resistance zones.
Brandt’s analysis stemmed from a larger bearish head and shoulders pattern he previously outlined on the daily chart. He identified $2 as a key support level. Perhaps, he presumes that it will fall towards the $1.07 zone.
His projection reflected a cautious stance, warning that bullish patterns may break down in the face of macro market weakness. While the short-term pattern looks promising, Brandt’s view illustrates the risks still in XRP’s broader market structure.
Diverging XRP Price Predictions and Market Outlook
Despite Brandt’s warnings, several institutional and community-based forecasts suggest much higher targets. Standard Chartered sees Ripple reaching $5.50 by late 2025 and $12.50 by 2028. According to AI-based predictions, XRP price could reach $11 during the same timeframe.
Furthermore, crypto analyst Davinci Jeremie made a Ripple price prediction of $24 forXRP while focusing on rising institutional interest. The projections demonstrate XRP’s strategic importance in international payments while highlighting its potential to integrate into global financial structures.
External conditions and regulatory frameworks influence long-term market trends. Meanwhile, technical analysis indicates a bullish short-term price rise for XRP.
Investors will start accumulating the asset as its price climbs beyond the $2.20 level. However, Altcoin must maintain good macroeconomic conditions to achieve its elevated market value.
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
