XRP Price: Unlocking the Ambitious $30 Target This Bull Cycle?

The cryptocurrency market constantly buzzes with speculation. Currently, a significant question captivates investors: Can XRP truly reach an astonishing $30 XRP this bull cycle? This ambitious target has sparked widespread discussion. Historically, XRP has shown explosive growth during bull runs. This fuels optimism for another substantial breakout by mid-2026. Understanding the factors at play is crucial for any investor.

Forecasting the Ambitious $30 XRP Price Target

Many market watchers are eyeing significant milestones for XRP. One notable projection comes from technical analyst Gert van Lagen. He suggests XRP could climb towards $34 this bull cycle. This prediction aligns with historical patterns. XRP prices have multiplied at least tenfold in previous bull cycles. This performance fuels hopes for a similar large breakout. The target date for this potential surge is mid-2026.

Van Lagen’s analysis points to a significant technical pattern. XRP has reportedly broken out of a seven-year double-bottom structure. This occurred after rising above its neckline near $1.80. The cryptocurrency then pulled back to this neckline. This level subsequently acted as strong support. In chart terms, such a retest often signals a robust breakout. It also indicates strong trader confidence in higher prices. (Source: TradingView/Gert van Lagen)

Using the 2.00 Fibonacci extension of this pattern, Van Lagen’s measured-move projection points to a $34 target. This technical setup mirrors XRP’s price action from 2014–2017. During that period, a similar multi-year base resolved into a parabolic rally. It pushed XRP/USD over 100,000% higher. Such historical context gives weight to current forecasts for the XRP price prediction.

XRP Bull Cycle: Echoes of Past Performance

XRP’s market history shows a propensity for outsized moves. For example, it gained roughly 1,072% since its 2022 lows. Before that, in 2020-2021, the XRP price soared by over 1,625%. These figures demonstrate the asset’s volatility and potential for rapid appreciation. The 2020–21 rally largely took cues from a near-zero interest rate environment in the US. This loose monetary policy often encourages investment in riskier assets like cryptocurrencies.

Current gains, particularly from 2022–2025, stem from different catalysts. Progress in the Ripple lawsuit has been a primary driver. Growing legal clarity for Ripple and XRP has significantly boosted investor confidence. Exchange relistings also played a crucial role. Many platforms had delisted XRP following the SEC lawsuit. Their reintroduction expanded market access and liquidity. Furthermore, optimism around a potential spot ETF for XRP continues to guide bulls. Forecasts suggest the token could rally toward $27 if an ETF gets approval. This figure is notably close to Van Lagen’s $34 target. A 95% probability of a spot ETF approval for 2025 adds to this bullish sentiment. (Source: TradingView)

XRP Ledger Metrics: Navigating Overvaluation Risks

Despite bullish forecasts, the XRP Ledger (XRPL) presents some cautionary metrics. Its growth notably lags behind other major Layer-1 blockchains, including Ethereum. This disparity raises questions about its fundamental valuation. According to DefiLlama, XRPL’s $190 billion market cap is roughly 2,200 times larger than its $85 million Total Value Locked (TVL). This is a stark contrast when compared to Ethereum’s ratio of about 5.6. Furthermore, XRP’s valuation is nearly 40% of Ethereum’s, highlighting a significant difference in underlying utility versus market capitalization. (Source: DefiLlama)

Such a large disparity can indicate extreme overvaluation relative to on-chain activity. This imbalance poses a risk to the sustained growth needed for a $30 XRP. Another critical indicator is the ‘percent supply in profit.’ As of August, over 95% of XRP’s supply was in profit. This threshold has consistently preceded sharp price corrections in past rallies. During both the 2020–21 and 2022–25 rallies, similar levels of profitability led to significant sell-offs. (Source: Glassnode)

When a large share of holders sits on substantial gains, profit-taking typically accelerates. This creates considerable selling pressure. Such market dynamics could severely challenge XRP’s ability to sustain its current uptrend. Therefore, reaching the ambitious $30 target might face strong headwinds from existing holders looking to secure profits. Investors should monitor these on-chain metrics closely.

The Path Forward for XRP Price Prediction

The journey for XRP to reach a $30 price point is complex. It involves both compelling technical indicators and significant fundamental hurdles. The historical performance of XRP in previous XRP bull cycle events provides a strong foundation for optimism. Technical patterns, like the seven-year double-bottom, further support potential explosive growth. Moreover, external catalysts such as the resolution of the Ripple lawsuit and increasing ETF speculation continue to fuel positive sentiment.

However, investors must consider the underlying fundamentals of the XRP Ledger. The notable gap between its market capitalization and its on-chain activity, particularly its Total Value Locked, suggests potential overvaluation. Furthermore, the high percentage of XRP supply currently in profit indicates a significant risk of profit-taking. This could lead to sharp corrections. Ultimately, the future trajectory of XRP will depend on a delicate balance. It will rely on continued positive developments, increasing utility for the XRPL, and broader market conditions. Investors should conduct thorough research and consider all risks before making any investment decisions.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk. Readers should conduct their own research when making a decision.