Trader Says XRP “Screaming Higher,” Predicts Run to $14 on Bullish Fib Extension

Papa, a pseudonymous analyst, has insisted that XRP is currently “screaming higher,” predicting a rally to double digits on bullish Fibonacci extensions.

The market analyst’s commentary comes amid XRP’s current price struggles, as the altcoin grapples with bearish pressure around the $2 mark. For instance, after rising to a two-week peak of $2.24 on April 13, XRP faced intense selloffs that pushed its price back to a $2.04 low on Friday, April 18.

During this period, the asset dropped by more than 3%, observing four consecutive intraday losses for the first time since late March. However, despite the bearish situation, “Papa,” as he is often called, believes the XRP price is “screaming higher.”

XRP’s Historical Uptrend

In his latest analysis, the trader called attention to historical patterns that suggest the current position might be setting XRP up for a massive uptrend. Notably, he identified a symmetrical triangle pattern on a 44-day chart from the 2017/2018 bull run. For context, this was XRP’s most explosive period.

Specifically, after the asset engineered an initial 7,875% rally from $0.0055 in March 2017 to a peak of $0.3988 in May of that year, it witnessed a roadblock. This resulted in a pullback and subsequent consolidation, triggering the formation of a symmetrical triangle that persisted until December 2017.

Interestingly, following a breakout from this pattern, XRP witnessed another impressive run, soaring 1,762% from a low of $0.1777 to its all-time high of $3.31 in January 2018. This rally saw XRP reach multiple Fibonacci extension price targets, aligning with the 1.272, 1.618, 2.618, and 4.618 levels. 

XRP Looking to Replicate the 2017 Run

Now, following XRP’s impressive rally in the ongoing market cycle, Papa believes this pattern might be repeating. For context, XRP soared from $0.50 in November 2024 to a seven-year high of $3.39 in January 2025, marking a massive 578% uptick. 

However, as observed in 2017, XRP has also witnessed a roadblock to the uptrend. The asset has collapsed 39% from the $3.39 peak, consolidating for three months. Nonetheless, instead of the symmetrical triangle from 2017, XRP is now witnessing a parallel channel amid the ongoing consolidation.

Still, Papa expects a breakout soon. He believes this breakout would replicate the 2017 run, potentially allowing XRP to claim the Fibonacci 1.272, 1.618, 2.618, and 4.618 extension levels. Notably, the parallel channel’s upper trendline aligns with the $3 mark, which represents XRP’s pivotal resistance level. 

A breach above the price level would mark a breakout from the parallel channel, setting the stage for the much-needed upsurge. Papa’s price projections present a $14 mark for the ultimate Fibonacci 4.618 extension. Interestingly, this represents another 576% rise from the current level. 

This is not the first time a market analyst has eyed the $14 price for XRP. Last November, Steph, a notable market commentator, urged investors to amass XRP before the price reaches $14. XRP traded for $0.5039 at the time. Meanwhile, in April 2024, JD identified $14 as XRP’s minimal target.