Expert Says XRP Holders Will Be Filthy Rich Because of This

Widely followed crypto analyst Steph has shared a bold outlook for XRP, suggesting that those holding onto the asset could see massive returns, potentially leading to life-changing wealth soon.

Steph expressed this view in a recent technical analysis. He cited XRP’s confirmed breakout on the monthly chart as a sign of an upward trajectory that could see the asset reach as high as $35 by 2025.

Steph highlighted the recent surge in XRP’s price, noting a 30% jump over the past 24 hours. This price action coincided with a successful retest of the 2021 peak of $1.96 on Tuesday, which also aligns with the neckline of a key “W” formation on the monthly timeframe.

Becoming Rich with XRP

Based on this pattern, Steph believes that XRP could move upward by over 1,300% from its current levels, targeting a range of $30 to $35 by 2025.

Notably, XRP is trading at $2.42 at press time. Steph’s bold outlook suggests that those holding $1,000 worth of XRP could see their investment grow to $14,000. At the same time, those with around $70K worth of XRP could become millionaires.

However, he emphasized that while these predictions are promising, investors should remain cautious and lock in profits as the price rises rather than waiting for the peak to materialize.

Specifically, Steph urged investors to monitor the daily chart and not wait blindly for $35, stressing the importance of taking profits all the way up.

“There are no guarantees in crypto,” Steph cautions, “but the probability of XRP reaching $35 in 2025 is looking increasingly likely.”

XRP Chart project $35 by Steph

Bullish Insights for XRP on BTC Charts

In addition to his bullish outlook for XRP, Steph also provided insights into XRP’s price action against Bitcoin. He noted that XRP has been in a downtrend against BTC since 2018, but this trend is now reversing.

Since November, XRP has been outperforming Bitcoin, establishing large weekly green candles against BTC. As of now, the analyst noted that XRP is currently retesting crucial resistance against Bitcoin, with this resistance going back to 2020, marked by multiple touchpoints on the weekly timeframe. This makes it the most important resistance to break above for XRP against Bitcoin.

During the daily timeframe, XRP is consolidating in a bullish flag pattern against the BTC pair. While it tested resistance a few days ago, the bullish flag pattern remains, and Steph believes a breakout could happen at any moment.

XRP bull flag patter on BTC chart

In his view, a breakout would see XRP outperform Bitcoin by as much as 78%, amplifying the potential for substantial profits for holders.

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