TLDR
- XRP price is currently trading at $2.3178, which is 31 percent below its yearly high.
- Analyst Dennis Liu expects a major XRP price breakout within the next three to six months.
- Technical patterns suggest XRP may be entering a value zone before a potential surge.
- The end of the SEC lawsuit has improved Ripple’s position in the U.S. market.
- The launch of CME XRP futures has increased institutional interest in the token.
XRP price may be nearing a turning point, as a popular analyst highlights clear signals of a major move ahead. The token currently trades at $2.3178, which is 31% below its yearly high, creating potential for substantial upside. The analysis, grounded in technical patterns and supported by key market events, outlines a possible 335% surge in the next six months.
Dennis Liu, a noted investor and host of the VirtualBacon podcast, shared a detailed analysis using the XRP/BTC pair. He identified a rounded top formation with support at 0.00002200, which has already broken. According to Liu, this price movement mirrors past altcoin breakouts and may signal a new value zone.
I’ll buy $XRP when this happens 👀
I’ve never held $XRP. But that might be about to change.
One key signal is setting up and if it triggers in the next 3–6 months, I’ll finally add $XRP to my portfolio.
Here’s what I’m watching 🧵👇
— VirtualBacon (@VirtualBacon0x) May 24, 2025
The technical setup resembles patterns seen before major altcoin rallies such as Ethereum in 2021 and Solana in 2023. Liu believes that this breakdown could attract significant demand, preparing the XRP price for a sharp rebound. Historical data from November 2024 shows a similar setup led to a 500% XRP price jump.
XRP Price Could Soar if Bitcoin Climbs
According to Liu’s forecast, XRP price action depends on Bitcoin’s performance. He explains that if Bitcoin holds between $100,000 and $112,000, XRP could fall to around $1.80. That range could offer a good entry point for buyers anticipating a bullish breakout.
However, if Bitcoin climbs to $128,000, XRP may remain stable or dip slightly before moving higher. Even in this scenario, the price range of $1.80 to $1.85 is expected to attract buying interest. Liu considers this the most likely moment to buy the dip and hold for long-term gains.
He forecasts that XRP price can reach $10 if momentum builds after such a correction. A rise to this level would reflect a 335% increase from current prices, which has historical precedent. The analysis outlines a window of three to six months for this potential move.
SEC Lawsuit End and Futures Launch Add Momentum
The end of the SEC lawsuit has removed a major barrier for Ripple in the U.S. market. With the case resolved, Ripple can now expand its services, especially to banks using RippleNet. This legal clarity gives investors more confidence in XRP’s long-term prospects.
Meanwhile, the CME launched XRP futures, which have already attracted solid demand. This has paved the way for institutions to gain regulated exposure to XRP products. VolatilityShares has filed for an ETF tracking XRP futures, indicating growing institutional interest.
Other asset managers may follow, which could boost the XRP price through added liquidity and investor access. As seen with Bitcoin futures ETFs, early adoption often leads to rapid asset growth. This development forms a strong fundamental base for future XRP price appreciation.
ETF Approval and Stablecoin Growth Support Bullish Outlook
There is growing speculation that Canada may approve a spot XRP ETF through Purpose Investments. Market odds suggest over 80% chance of approval, and analysts expect significant capital inflows. JPMorgan projects that up to $8 billion could move into such ETFs within a year.
If regulatory conditions align, an XRP ETF in the U.S. could follow, further lifting the XRP price. Additionally, Ripple’s stablecoin, RLUSD, has reached a $315 million market cap, showing rapid expansion. These developments suggest the company is positioning itself for broader adoption.
Ripple is also reportedly in talks to acquire Circle, which would strengthen its hold on the stablecoin sector. If the deal proceeds, Ripple would become the second-largest stablecoin issuer.
