- XRP surged 600% to $3.40 in early 2025 after analyst Michael XBT correctly predicted a breakout from a long-term pattern.
- Now in a consolidation phase, the token could be gearing up for another significant rally, according to his latest forecast.
XRP could be gearing up for a repeat of its historic rally, according to crypto analyst Michael XBT — the same investor who correctly predicted XRP’s 600% explosion in early 2025. With bullish signs forming again, his latest forecast is drawing serious attention.
XRP’s Last Rally: From Collapse to Comeback
The second quarter of 2024 was grim for XRP. Prices dropped by 25%, hitting a low of $0.38 on July 5, and investor interest began to fade. But while many were bearish, Michael XBT spotted a 7-year bull pennant — a technical pattern often seen before major breakouts.
That setup led to XRP’s meteoric rise. By January 16, 2025, the token surged to $3.40, delivering a jaw-dropping 600% return and proving Michael’s prediction right.
A Cooldown or Setup for the Next Leap?
Since January’s high, XRP has entered a cooling phase. Monthly changes show some declines:
- February: -29.3%
- March: -2.52%
- May: -0.80%
- June (so far): -0.74%
Despite this, XRP remains above $2 and has held strong since dipping to $1.60 in April. According to Michael, this is a “healthy cooldown” rather than a sign of weakness.
Could XRP Break Out Like Bitcoin?
Michael now sees similarities between XRP’s current pattern and Bitcoin’s multi-year breakout, though he hasn’t attached a price target yet. Meanwhile, broader projections range from $5 to $30 — with some dreamers still clinging to the possibility of $100, a figure most experts dismiss as far-fetched.
Still, Michael XBT’s proven track record has the market’s attention. If XRP follows the same path as before, another surge could be around the corner — and smart investors are watching closely.
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