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Research Platform Sets XRP Price Target at $33 to $50 But Says This is Conservative
April 23, 2025
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Sistine Research, an investment research community, sets ambitious XRP price targets of double digits but insists they are conservative. The AI-based research platform made the latest predictions amid XRP’s recent recovery push on the back of Bitcoin’s (BTC) upward surge. For context, as Bitcoin shoots up above the $93,000 mark, XRP has followed suit, albeit at a slower pace, rising 6.18% yesterday. Also, XRP is up 1.87% this morning. Amid this recovery effort, Sistine Research called attention to a series of predictions it made for the broader crypto market. This time, the resource focused primarily on XRP, sharing a chart to corroborate its prediction that the asset could surge to a peak of $33 to $50.
XRP’s Consolidation Following Triangle Breakout
Interestingly, in the latest commentary, they suggested that this forecast is conservative. Notably, data from the accompanying chart indicates that the bullish sentiment is driven by a massive symmetrical triangle pattern breakout that occurred during the upsurge last November. For context, XRP formed this symmetrical triangle pattern when it corrected from the $3.8 all-time high price in January 2018. This pullback led to massive losses, and XRP was unable to leverage some intermittent recovery efforts over the years to stage a breakout from the triangle pattern. It attempted to break out in April 2021 during the rally to $1.96, but it faced resistance at the upper trendline. The second attempt came up after the favorable July 2023 ruling in the Ripple vs. SEC lawsuit. XRP rallied to $0.95 that month but again witnessed a roadblock at the symmetrical triangle’s upper trendline.
Weekly XRP Price Chart | Sistine Research
Interestingly, following Donald Trump’s election victory in November 2024, XRP saw another explosive run. This time, the asset decisively broke above the symmetrical triangle, soaring to a peak of $3.39 in January 2025 before seeing a correction. This correction led to an extensive consolidation pattern from February to the current period, as the broader market grappled with macroeconomic headwinds. Sistine’s chart shows that the XRP price has been trading within a parallel channel during this consolidation phase, largely between $2 and $3.
XRP Price Targets of $33 to $50, Conservative
Sistine Research expects a breakout from this parallel channel to ensue. Notably, the market platform’s target for this breakout lies in the $33 to $50 price range, marking a new all-time high for XRP. Analysts such as Zach Rector have also projected a rally to $33 for XRP. In addition, market watcher Cryptominder believes XRP price could hit $50, but in the next five years. With XRP trading for $2.28, a rally to this level would demand a 1,347% to 2,092% uptick from current levels. Still, Sistine believes this target is conservative, especially when one considers that XRP is currently replicating its 2017 upsurge. For context, XRP observed a similar symmetrical triangle from December 2013 to March 2017. Following a breakout, XRP hit a peak of $0.39 in May 2017 but faced a pullback and subsequent consolidation. These movements are a replica of what the asset has observed in recent times, as XRP observed a similar parallel channel consolidation from May to December 2017. However, after it broke out of this channel, it surged 1,457% to the $3.8 all-time high in January 2018. Sistine expects a similar run this time but to a larger extent. In addition, they suggested that the prevalent structure could also be interpreted as a cup and handle pattern. Notably, measuring the breakout as a cup and handle would lead to much higher targets of $77 to $100. Community pundit Armando Pantoja already believes XRP ought to be above $100.
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