A notable community figure has predicted that XRP could cross its all-time high any day from now, further projecting a double-digit top by September.
His recent market commentary comes as XRP recovers some of the losses of the past few days. For context, after soaring to a new yearly top of $3.66 two weeks back, XRP faced massive resistance and eventually collapsed 10.34% on July 23, marking its largest intraday drop since April 6, when it crashed 10.39% below $2.
However, following the July 23 drop, which saw it retest the $3 support, XRP has recovered to an extent. At press time, it has recovered over 10% from its low four days ago, now trading above the $3.2 price region. Amid this rebound, Zach Rector, a media personality and XRP community pundit, believes it could conquer $4 soon.
Rector: XRP Could Hit $4-$5 Soon and $7-$15 in September
In his latest disclosure, Rector presented a daily XRP chart showing the latest price movements. Within the chart, he designated two price regions, which he suggested could be XRP’s next target. The lower region rests around the $4 to $5 range. According to him, XRP could first soar to this $4 to $5 region any day from now.
With XRP currently trading for $3.26 at the reporting time, a rally to the $4 to $5 range would demand a mere 22.6% to 53.4% increase. For context, XRP rallied by a massive 64% when it soared from its July opening price of $2.23 to the latest peak of $3.66. This indicates that a further 53% increase is readily feasible for XRP.
Meanwhile, Rector believes the $4 to $5 range will only be the starting point. The market pundit placed his second target region around the $7 to $15 price level. According to Rector, XRP will likely claim this $7 to $15 region by Sept. 7, 2025, six weeks from now.
Specifically, at XRP’s current price, a run to a range between $7 and $15 would require an increase of 114% to 360%. However, if XRP had already claimed the initial $5 target, soaring to the $7 to $15 region would require a further 40% to 200% rise.
Analysts Expecting Similar XRP Run
Besides Rector, other market commentators have also discussed XRP’s potential to reach the $4 to $5 range, as well as the $7 to $15 price level. As early as January this year, analyst Dark Defender suggested that XRP was already warming up to hit the $4.1 to $5.85 price range. According to him, these prices aligned with the next target Fibonacci levels.
Meanwhile, The Crypto Basic confirmed in May that Mags, a notable analyst, expects XRP to reach $7 this cycle, citing the repetition of a historical pattern. However, market veteran Ali Martinez suggested that this run could push XRP further to the $15 price target.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
