As XRP gradually solidifies its position above $3, one analyst is now calling for a price surge of over 773%.

XRP is trading near $3.05 after gaining over 7% in the past week. It recently cleared a short-term resistance level that had briefly stalled its upward momentum. This resistance was at $2.85, where XRP had mostly hovered since the end of August—until this week’s successful breakout into the $3 region.

Meanwhile, looking at the broader chart, XRP’s current level shows it has overcome long-term resistance levels that had capped prices for years. This, along with the recent short-term milestone, is sparking renewed optimism among traders and long-term holders.

XRP Setting Up for 773% Price Surge

In a tweet, technical analyst Matt Hughes highlighted a long-term Fibonacci extension chart showing three major targets for XRP’s next leg higher. The key levels are $8.30, $13.39, and the highest at $26.63.

Market technicians commonly use these Fibonacci levels to identify zones where price rallies may pause and reverse. 

Notably, reaching the top projection of $26.63 from XRP’s current price would represent a gain of more than 773%. This is nearly a 9X return for current holders. Interestingly, well-known XRP analyst EGRAG also holds similar expectations, having repeatedly called for a $27 target for XRP this season.

For perspective, someone holding 50,000 XRP would see their portfolio rise to over $1.3 million, a life-changing outcome for many.

Meanwhile, Hughes’ more conservative predictions of $8 to $13 also promise about a 3X to 4X return for today’s investors.

“XRP Wants to Play Too”

Sharing the chart on social media, Hughes remarked, “XRP wants to play too,” implying the cryptocurrency could soon follow other major coins that have posted explosive breakouts. In particular, he made this statement following his bullish outlook on Solana.

Solana’s weekly chart, like XRP’s, shows the coin is ready to break out to higher levels. While SOL is trading at $230 today, Hughes projects a near-term optimistic target of approximately $670, a 3X surge from the current level. 

Solana Targets $1,098

Solana’s price has been surging consistently over the past few weeks, posting 15% weekly gains and now approaching its all-time high of $294.

It briefly broke that peak in January this year but dipped to $96 by April. The price has more than doubled since then and is now looking to challenge the peak again.

Interestingly, Hughes indicated that Solana’s price could rise even further to $1,098, aligning with the 1.41 Fibonacci level. This price would give the coin a market cap of nearly $600 billion. 

However, it would still be far below the $1.5 trillion market cap XRP would have at the $26.63 level Hughes suggested.

Notably, many industry commentators believe such a price may be too ambitious for XRP in the near term, especially considering the trillion-dollar valuation. Regardless, XRP bulls maintain that the price target is realistic. 

They cite factors such as Ripple’s business expansion, institutional partnerships, imminent ETF launches, and treasury asset adoption as reasons supporting this expectation.

TradingView analyst Ahmad Kazemii has outlined two potential trajectories for XRP using Elliott Wave theory.

His latest chart, titled “XRP 2 Scenario,” presents both a primary and an alternative path that could unfold as the current market cycle draws to a close.

XRP Base Case Targets for Blue Scenario

The blue path on the chart represents Kazemii’s favored outlook. This scenario projects a continued bullish impulse that could lift XRP toward the $8–$9 range. He notes that the asset is nearing the end of its current cycle, which supports expectations for a strong upward move before momentum slows.

Notably, XRP has already seen two rounds of explosive moves, each bringing it closer to breaking its stubborn 2018 peak.

In the first case, XRP rallied from $0.50 to $3.40, then cooled off, dipping to $1.60. The second rally saw it resume from that low, reaching $3.66, before dropping to $2.69. It has since recovered slightly to above $3 at press time.

Market analysts believe XRP still has one more leg up before the bears take over completely. They view the upcoming uptrend as the one that could finally see XRP breaking past the $3.84 peak.

For context, Kazemii’s base case of up to $9 represents roughly a 3X gain from XRP’s current position. However, he believes there’s a possibility the coin could deliver more than a 3X surge.

Red Scenario: Extended Rally Could Reach $11

The red path on his chart depicts a more aggressive rally, suggesting that if buying pressure continues beyond initial resistance levels, XRP could stretch higher to around $11.

Kazemii highlights this zone as a key Potential Reversal Zone (PRZ), an area where the price could face strong resistance and reverse.

While both scenarios are bullish, the analyst cautions that these projected levels, apart from the $11 PRZ, should not be viewed as definitive tops. Instead, traders should closely monitor price reactions at upcoming resistance zones to determine whether the blue or red scenario is playing out.

Notably, other analysts also share Kazemii’s view that XRP could soon approach the $10 mark.

“$11 Price Is Realistic”

In a recent update, analyst Dark Defender, also using Elliott Wave theory, said XRP has broken past its initial resistance that had capped its momentum. He now sees the coin progressing toward the $6 price range in the short term.

Separately, analyst CryptoInsightUK recently stated that technical momentum and strengthening fundamentals support XRP’s potential to reach $11.

He cited the upcoming launch of XRP DeFi platforms like Flare and highlighted CME futures trading volume exceeding $1 billion in XRP as signs of strong institutional demand.

Coupled with expected ETF launches next month, he emphasized that $8 to $11 is a reasonable expectation for XRP in the near term.

Weslad, a notable analyst, recently suggested that XRP currently trades within a buyback zone that could push prices to double digits.

His analysis comes as XRP recently bounced back from a dip to $2.7 earlier this month, climbing above the $3 psychological level. The recovery shows strength, but XRP still trades in a delicate spot just above $3, where its next move could determine future price trends.

In the price commentary, Weslad confirmed that XRP had broken above a bullish pennant structure but noted that the price has begun consolidating since this breakout. Despite the consolidation, he stressed that a “big move” is loading and Advises Patience for Final Targets.

XRP Price Action Leading to the Bullish Pennant

Data from his chart shows that after hitting the $1.96 peak in 2021, XRP entered a multi-year downtrend, sliding through 2021 and 2022 inside a descending channel. It finally found support near its 2022 low of $0.28, where a rising trendline began to take shape. The line has guided the market structure ever since.

From 2022 to 2024, XRP built a base inside a broad accumulation zone that stretched between $0.28 and $0.60. This zone formed the launchpad for the massive breakout in November 2024. The rally carried XRP to a local high of $3.4 in January 2025, creating the “pole” of a bullish pennant pattern.

XRP Forms Pennant on Weekly and Daily Charts

After reaching $3.4, XRP shifted into a months-long consolidation. On the weekly chart, price action narrowed into a bullish pennant, a continuation structure that often follows strong rallies. 

Meanwhile, smaller flags and pennants also appeared on the daily chart through late 2024 and into 2025, each breakout fueling the next move higher. 

Interestingly, XRP has formed another smaller flag on the daily chart from the July 2025 peak of $3.66. As this coincides with the larger pennant from the weekly chart, it bolsters the case of a massive uptick.

At press time, XRP has broken above the upper trendline of both pennant structures. The breakout confirmed the bullish setup and established a buyback zone between $2.6 and $3. Earlier this month, XRP retested that zone when it dropped to $2.7 before recovering. Notably, holding above this level now gives buyers the foundation to push higher.

Breakout Targets from Buyback Zone

Weslad presented several targets if the breakout holds. Specifically, the first goal sits at $5.545, nearly double the current price. The analyst highlighted this level in a green projection box on the daily chart, identifying it as the short-term immediate target.

Beyond that, Weslad called attention to higher steps on the weekly chart. The next target stands at $10.05, followed by $24.66. However, he suggests the full pennant projection even stretches above $27. This aligns with previous predictions from market watcher EGRAG Crypto.

Importantly, the bullish case relies on the buyback zone. If XRP stays above $2.6–$3, buyers keep control and can aim for the higher levels. A break below that support would signal weakness and could cancel the setup. Meanwhile, pushing firmly above the $3 mark and holding it would strengthen the bullish outlook and bring the $5.545 target into view.