- Popular technical analysts have overshot The Motley Fool’s $4 price prediction for XRP by the fourth quarter.
- The token’s substantial market share and breakouts from bullish patterns back their projections.
Several events catalyzed the recovery of XRP price above $3.34 just before the weekend, igniting renewed optimism of its potential rally to a new all-time high (ATH) soon. Besides the bullish narratives surrounding the pending exchange-traded funds (ETFs) based on the asset and acceleration in the institutional adoption of the XRP Ledger (XRPL) and its native token, the Commodity Futures Trading Commission’s (CTFC) recognition of XRP as commodity, uptick in whale buying activity, Bitcoin’s (BTC) surge near its historical peak, and US President Donald Trump’s approval of the integration of cryptocurrency payments for private equities and 401(k) have significantly amplified positive market sentiment.
XRP Price Decoupling from Bitcoin
Bullish technical trends reinforce these events, which could push XRP price beyond the $3.84 ATH it achieved in January 2018. On Sunday, the pseudonymous Dark Defender, a widely followed technical analyst on X, claimed XRP has started decoupling from Bitcoin (BTC).
The analyst’s three-month candlestick chart revealed that XRP has outperformed BTC between late 2024 and early 2025 based on the trading pair’s decisive breakout above the descending resistance line in December 2024. If the trend continues as Bitcoin gears up to another ATH again, it could further accelerate XRP’s climb.
It should be noted, though, that Macroaxis’ XRP and Bitcoin correlation chart still shows poor diversification between the assets at a 0.89 correlation coefficient in the last three months.
XRP Price Rallying Beyond $4
Additionally, another technical analyst with the alias Egrag Crypto previously explained that XRP needs to maintain its market dominance above the 4.5% threshold to keep its bullish momentum going. TradingView’s chart as of Monday morning (UTC) indicates the token is well over that level at 4.84%, hinting at the continuation of the token’s bull run.
Meanwhile, the analyst’s latest readings stated that XRP’s breakout from an ascending triangle formation in the monthly chart from the 2017-2018 bull cycle to the present signifies its potential rise by 777% to $27-$28 per token. He didn’t mention a timeline for this event, but his chart signals its arrival before 2025 ends.
Moreover, Ali Martinez, a technical analyst often cited by reputable financial and crypto publications, unveiled XRP’s breakout from a bullish flag on the weekly chart. He said the event could set the stage for an $11 target. The timeline in his chart suggests it could happen by the fourth quarter of the current year.
All these have substantially overshot The Motley Fool’s $4 projection for October. For context, the investment adviser grounded its forecast more on fundamentals rather than technical trends. Among the catalysts it identified, which could push the figures higher than the prevailing ATH, were the optimism for the approval of XRP ETFs in the US and the ensuing demand they could trigger. JPMorgan estimated that these upcoming investment products could bring in as much as $8 billion in inflows upon launch.
Disclaimer: The views and facts presented herein should not be construed as financial advice or product recommendation from the author and the Blockzeit team.
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