Ripple (XRP) price: Record quarterly close may drive it up to $15

CN
3 hours ago

Key Points:

XRP is approaching a record quarterly close, echoing the market pattern that drove a 37,800% increase before 2017.

On-chain signals continue to support, with the Market Value to Realized Value ratio Z-Score (MVRV Z-Score) and medium-sized holders showing no signs of capitulation.

XRP is gradually nearing its historical highest quarterly close, with analyst Milkybull Crypto noting that this paves the way for a rise to $15.

As of Monday—just one day before the end of the third quarter—XRP was trading close to $2.86, marking a 28% increase over three months.

Milkybull Crypto believes that if XRP maintains its current level or higher before the official quarterly close, its price will continue to rise in the coming weeks or months.

His bullish outlook stems from a similar record close in 2017, which triggered a 37,800% increase in XRP's price.

At that time, XRP closed the fourth quarter of 2017 at a new quarterly close of over $0.02, breaking through a resistance area that had persisted for years. This breakout quickly evolved into a parabolic rise, pushing the token to nearly $3.31, its historical peak, within a year.

XRP is exhibiting an almost identical pattern in 2025: after years of consolidation, the quarterly candlestick turned green, accompanied by a decisive breakout from a long-term resistance area (red bar), consistent with the $2.20-$2.30 range.

Milkybull Crypto points out that XRP "has broken through resistance like it did in 2017," suggesting that history may repeat itself, ultimately driving the price towards the $5-$15 range.

This upward target aligns with the technical patterns emphasized by several analysts in the past, reinforcing the prediction of XRP rising to $15.

This includes a symmetrical triangle breakout scenario similar to that of 2017, as shown in the figure below.

Another technical pattern—a bullish flag—predicts that XRP will approach or touch $15.

XRP's on-chain indicators are showing bullish signals.

This includes XRP's MVRV Z-Score, which measures the extent to which market value exceeds the total cost basis of holders. Currently, this score remains well below the "overheated" range that corresponded with previous market peaks.

The mid-cycle Z-Score indicates that there is still upward potential for the price, with expectations of reaching $3-$5, while maintaining a long-term target of $10-$15 remains possible.

XRP wallets holding between 10 to 100,000 tokens have shown stability during the recent market pullback, with no signs of panic selling.

Some XRP indicators simultaneously show a risk of pullback, primarily due to its current trading price rising 470% from a low of about $0.50 in November 2024.

From a technical analysis perspective, XRP is oscillating within an expanding wedge pattern, having just pulled back after testing the upper trendline resistance.

Such pullbacks typically guide the price towards the lower trendline, which is currently around $1.60, right between the 100-week (purple) and 200-week (blue) exponential moving averages (EMA).

Analysts point out that XRP further exhibits a clear divergence between rising prices and a declining relative strength index (RSI), technically indicating that upward momentum is weakening, similar to the conditions seen before the 2018 bear market.

If the situation resembles that of 2018, XRP could dip to around $1.27, the 200-week EMA level, representing a drop of about 55% from the current price.

Related: Why Ripple (XRP) Matters: 5 Key Factors Driving Its Value Beyond Price

This article does not contain any investment advice or recommendations. Any investment and trading activities involve risks, and readers should conduct their own research before making decisions.

Original article: “Ripple (XRP) Price: Record Quarterly Close May Trigger Price Rally to $15”

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