Analyst: XRP God Candle that Will Send Price to $50 Is Coming

Analyst XRPunkie has sparked a wave of renewed optimism in the XRP community with a bold declaration that a “ God candle” is imminent , one that could send XRP skyrocketing to $50. A prominent chart analyst recently identified a rare and powerful technical pattern on XRP’s monthly chart, indicating a potential massive price surge. Technical Formation: Pennant Breakout Could Trigger Parabolic Move XRPunkie’s prediction is rooted in months of bullish technical structure. After successfully breaking out of a long-term descending wedge pattern, XRP in late 2024 surged from below $0.60 to a recent high above $3.00 before consolidating earlier this year. The current consolidation, XRPunkie notes, is forming a bullish pennant, a classic continuation pattern that often precedes significant upward movement. XRP is positioning for a potential major breakout, backed by key support from its 21-period EMA and 33-period SMA. If this pattern resolves to the upside, as XRPunkie expects, the result could be a towering green monthly candle—what he calls the “God candle”—that initiates the next leg of a full-scale rally. $XRP God Candle incoming soon. I hope you are ready. pic.twitter.com/zJRMK1nt0R — XRPunkie (@Shawnmark7899) July 9, 2025 Price Targets and Fibonacci Guidance XRPunkie outlines a clear roadmap based on Fibonacci extension levels, which serve as potential resistance zones and profit-taking points. His initial targets include the 1.618 extension at $6.45, followed by $8.90 and $13.42 at the 1.786 and 2.0 extensions, respectively. These levels, he suggests, align with previous cycles and represent critical thresholds on the path to a much larger move. Beyond these calculated targets, XRPunkie sees the possibility of a more dramatic rise to $50 if market conditions align and momentum is sustained. While the $50 level may appear ambitious, he emphasizes that these early Fibonacci zones offer critical checkpoints. Should they be breached with high volume and bullish sentiment, the doors could open for an extraordinary move. Market Context and Fundamentals Align XRP’s current technical posture is reinforced by positive developments within the broader ecosystem. Momentum indicators such as the Guppy Multiple Moving Averages have turned bullish on the daily chart, confirming strength among short-term traders. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 At the same time, Ripple’s ongoing advancements, including its RLUSD stablecoin, progress toward U.S. banking integration, and increased tokenization activity on the XRP Ledger—are adding fundamental support to the bullish thesis. Institutional interest is also growing, with speculation surrounding potential XRP ETF filings and renewed optimism following the resolution of key regulatory challenges. Can XRP Hit $50? While a move to the $6–$13 range seems attainable within a breakout scenario, a $50 price point would require an extraordinary surge in XRP’s value, driven by widespread adoption, increased global liquidity, and clearer regulations. Still, XRPunkie isn’t alone in holding such a view. Other respected analysts, including those following Elliot Wave Theory, have forecast similar upside potential under optimal conditions. Whether XRP merely reaches the $6–$13 range or explodes toward $50, the coming weeks could be pivotal. As the market watches closely for confirmation, all eyes are on XRP’s next candle—one that might just make crypto history. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst: XRP God Candle that Will Send Price to $50 Is Coming appeared first on Times Tabloid .

Source: TimesTabloid