A market pundit has shared what he believes is the next XRP target as XRP’s SOPR metric collapses to a low last seen six months ago.
Notably, this analysis came from Xaif Crypto, a well-known market commentary, and emerged as XRP looks to recover from the latest market-wide dump. For context, XRP slumped nearly 44% from $2.8 to $1.58 during the market crash on Friday but has since recovered to trade around the $2.5 region.
XRP SOPR Drops as Traders Sell at a Loss
While the market is still looking to recover the Oct. 10 losses, Xaif recently called attention to a bullish development surrounding the Spent Output Profit Ratio (SOPR). According to him, historical data indicates that the next XRP target may lie around the $3 region if the pattern holds true.
For the uninitiated, the SOPR assesses whether investors are selling their coins at a loss or at a profit. Notably, when the SOPR is less than 1, it indicates that investors are selling their coins at a loss. Meanwhile, when it sits at 1, it confirms that they are selling at breakeven. However, if the SOPR is greater than 1, investors are selling at a profit.
Data from the accompanying Glassnode chart shows that the SOPR has remained above 1 since early April, when the XRP price dropped to a low of $1.61 and recovered in the weeks that followed. While the SOPR retested the 1 mark on multiple occasions, it remained above 1 for months, even spiking above 1.6 in mid-May, as investors took profit when the XRP price rose to $2.66.
Next XRP Target Following SOPR Slump
Following this spike, SOPR maintained a value above 1 until this month, when XRP crashed to the $1.58 low on Oct. 10. Amid this slump, the XRP SOPR dropped to 1, reaching 0.95, as investors panic-sold. According to Xaif, this marked the lowest SOPR value in six months, with a comparable low occurring during the April drop.
Interestingly, Xaif found that the last time the SOPR reached this low, XRP recovered considerably from its floor price. Specifically, after XRP slumped on April 7 and the SOPR collapsed to 0.92, a recovery in price emerged immediately. Xaif noted that XRP rebounded from $1.9 to $2.58, representing a 35% increase.
The market analyst noted that if a similar 35% recovery emerges following the SOPR bottom, prices could spike from the recent low of $2.38 to the next XRP target of $3.10 to $3.35. Notably, this would push the altcoin above the pivotal $3 psychological mark, which could set the stage for a long-term market rally.
Interestingly, market veteran Peter Brandt also recently identified that XRP was in a long-term bullish structure, branding its chart “pure.” Meanwhile, analyst CryptoInsightUK suggested that XRP’s next leg up could push prices to a range of $8 to $12.
I've given you my case as to why I think $XRP's next leg takes us out to $8.00 – $12.00. This is the area I've said I'll deleverage heavily.
Isn't it funny looking at this recent liquidation event and throwing a fib on there to see where the price would take us to if we see a… pic.twitter.com/qBt2wclIIl
— Cryptoinsightuk (@Cryptoinsightuk) October 13, 2025