XRP Price To See 64,000% Rally To $1,700? Analysts Reveal End Of Year Predictions

XRP price forecasts have taken a dramatic turn as bold predictions surface, suggesting that the cryptocurrency could be on the verge of a parabolic 64,000% rally to $1,700. Analysts backing this ambitious forecast point to historical price patterns and XRP’s current technical structure as the basis for their end-of-the-year predictions. A chart shared by crypto analyst The Real Remi Relief on X (formerly Twitter) shows that XRP is mirroring a technical pattern that preceded its 2017-2018 historical bull run — one that saw the third largest cryptocurrency skyrocket by tens of thousands of percent in just a few months. Now that this historical pattern is unfolding, the analyst has confirmed that a breakout is on the horizon for XRP, with projections pointing toward a potential price target as high as $1,700. XRP Price End Of Year Forecast The chart shows two distinct consolidation phases in XRP’s price action — the first spanning from 2014 to 2017 and the second lasting from 2018 until early 2024. During both periods, the cryptocurrency underwent a long-term compression under a descending resistance line. This compression was followed by a breakout, retest, and vertical price expansion. Related Reading: XRP Moves Into Key Range Against Bitcoin As 3 Major Targets Show Up Notably, this breakout in 2017 led to XRP reaching its historical all-time high of $3.84 — a level it hasn’t revisited for over six years. Earlier this year, XRP experienced a similar breakout that pushed it above the multi-year downtrend. The current chart shows that the cryptocurrency’s retest is holding steady, and this pattern has previously preceded massive rallies during the past bull cycles. As a result, Real Remi Relief argues that history is on the verge of repeating itself. According to his end-of-year forecast for XRP, the cryptocurrency is poised for a staggering 64,000% rally, placing its price at a jaw-dropping $1,700 per token by as early as Q4 2025 or Q1 2026. While the timeline could extend into the following year, the outlook still frames 2025 as a bullish turning point for XRP, with strong potential for the altcoin to close the year in a strong green. Interestingly, the crypto expert has also shared a more conservative target, predicting that XRP could record a still ambitious, but more realistic surge to $1,200 by year’s end. XRP Could Skyrocket Even Higher By 150,000% While the Real Remi Relief’s $1,700 price projection for XRP is undeniably bold, the analyst goes even further, speculating that the cryptocurrency’s total upside potential in this cycle could soar as high as 80,000% and 150,000%. This surge could catapult XRP’s current price of $2.4 to an astonishing $1,920 and $3,600, respectively. Related Reading: XRP: Exit Liquidity Pattern Forming Signals Crash To $1 Such gains would not only eclipse XRP’s previous all-time high but also represent one of the most dramatic asset revaluations in crypto history. Skepticism remains, of course, particularly amongst commentators under the analyst’s X post, who view this bold forecast as an almost impossible goal. Featured image from Adobe Stock, chart from Tradingview.com

Source: NewsBTC