XRP Set to Explode? Analyst Predicts $7–$8 Surge Amid Bullish Breakout Setup

🚀 XRP Price Prediction: Could Ripple Hit $7–$8 in the Coming Weeks?

XRP is once again grabbing headlines as traders and analysts anticipate a potential surge that could more than double its current price.

Popular crypto analyst CryptoBull has sparked excitement with a chart suggesting XRP might climb to the $7–$8 range in the near future. This bullish forecast comes as the token trades around $3.01, backed by a market cap of $179.2 billion and a daily trading volume of $6.65 billion, according to CoinMarketCap.

📈 Technical Setup Signals a Bullish Move

After a strong rally earlier this year, XRP has been consolidating near the $3 mark. CryptoBull’s analysis points to a classic cup-and-handle formation—a technical pattern often associated with major upward breakouts. The narrowing wedge currently forming could act as a springboard, potentially propelling XRP toward the $7–$8 target. That would mark a gain of over 120% from its current price.

⚠️ Resistance and Caution Still in Play

Despite the bullish setup, XRP hasn’t had an easy time staying above the $3 threshold. Resistance levels continue to challenge upward momentum, and some traders remain cautious. Selling pressure near these zones has kept the token from breaking out decisively.

However, optimism is building. Renewed interest in XRP-based ETFs, combined with Ripple’s improving legal standing, could provide the fuel needed for a breakout. If institutional sentiment strengthens and technical indicators align, XRP may finally break through its resistance ceiling.

🔍 What to Watch Next

With the crypto community keeping a close eye on XRP’s price action, the next few weeks could be pivotal. If the bullish pattern plays out as expected, XRP could be on the verge of a major rally. But as always, traders should stay alert—especially in a market known for its volatility.