XRP Will Reach 7–8 USD In 'The Coming Weeks': According to Analysts

XRP is currently around 3.01 dollars, falling more than 2% in the past 24 hours. Recently, the price has not had any major fluctuations, but traders are closely following as this token hovers around the 3 dollar mark. The market overall is also quieter, which makes predictions of a strong bullish trend even clearer. One of those predictions comes from the famous analyst CryptoBull, who shared a chart showing that XRP has the potential to move towards the $7–8 range in the coming weeks. This is a bold target, especially as this token is still stuck below the $4 mark. However, his chart highlights a classic setup that has traders talking. Set Up Cup and Handle On the daily chart, XRP has formed a pattern resembling a large cup and handle. The rounded bottom stretches from late 2024 to early 2025, indicating long-term accumulation after previous bullish moves. In the summer, the price rose to $3.80 before falling back. Currently, XRP is moving sideways, forming the "handle" part of the pattern.

This pattern is often bullish. If XRP can break through the $3.80 level, then the measured volatility will be much higher, and that is precisely why the price forecast of $7 to $8 comes from that. Important Levels to Follow The short-term picture looks more cautious. Currently, the first defense zone is $2.90–3.00. XRP has tested this level several times, and each time there have been buyers stepping in. Losing this level would be a warning sign indicating that the price structure is weakening. On the positive side, the important resistance level remains at $3.80. Traders will be looking for a decisive close above this level, ideally with large trading volume, before considering buying at the $7–8 level. Why Traders Are Paying Attention The forecast from CryptoBull sounds ambitious, but it is not entirely contrary to the expectations of many XRP supporters. The coin has struggled for years to regain its all-time high of $3.84, set in January 2018. Surpassing this level could create bullish momentum, and if buying power returns strongly, $5 would be a reasonable first step before moving towards the $7–8 range. However, the market has not confirmed anything yet. Currently, XRP is just fluctuating, and patience is key. If there is a breakout, the bullish momentum could be very impressive. But for now, watch the support levels and wait for the price to show.