XRP price recently spiked 30% after $160 million in net outflows from exchanges
Analyst RizeSenpai forecasts XRP could surge to $71, mirroring Bitcoin’s historical macro patterns
Finance analyst Zach Rector projects $15 price possibility based on ETF inflows and a market cap multiplier model
Nine firms have filed for spot XRP ETFs with the SEC, with 78% approval odds for 2025
Teucrium recently launched the first US-listed XRP ETF, attracting $36 million in flows
XRP, the cryptocurrency associated with Ripple’s cross-border payment network, has been making waves in the crypto market with its recent price movements and ambitious price predictions from various analysts. From technical chart patterns to ETF inflow models, multiple forecasts suggest XRP could be headed for substantial growth in the coming market cycle.
The Ripple-linked cryptocurrency recently experienced a 30% price surge over the past week, driven by $160 million in net outflows from exchanges, signaling strong buyer interest. This outperformance came at a time when many other cryptocurrencies struggled.
However, the rally appears to be cooling off. Fresh data from Coinglass shows new inflows returning to exchanges, often an indicator of short-term profit-taking. XRP has already declined 2.4% on Monday while other major cryptocurrencies like Ethereum and Solana posted gains.
Technical Analysis Points to Massive Growth Potential
TradingView analyst RizeSenpai has drawn striking parallels between XRP’s current market position and Bitcoin’s historical price patterns. According to the analyst, XRP has been mirroring Bitcoin’s macro price action since 2014, but at a slower pace – roughly 65% of Bitcoin’s rate.
The comparison focuses on Bitcoin’s breakout from its multi-year accumulation range in 2015-2017, which led to a 5,424% surge. Similarly, XRP has been trading within a large multi-year range for nearly six years through the end of 2022 before recently breaking out.
RizeSenpai’s analysis suggests that if XRP follows Bitcoin’s historical trajectory, it could reach the 1.618 Fibonacci Extension level at $27-$30. Even more bullishly, the analyst proposes XRP could potentially soar to $71, which aligns with the 1.902 HOP (High of Price) level.
Taking the comparison to its extreme conclusion, the analyst speculates that a full replication of Bitcoin’s breakout momentum could push XRP to an ambitious target of $120.94 – representing a 5,400% increase from current levels.
ETF Inflows Model Projects $15 Target
Finance analyst Zach Rector approaches the price prediction question from a different angle, using a market cap multiplier model based on potential ETF inflows.
Rector bases his analysis on JPMorgan’s projection that XRP ETFs could attract between $4 billion and $8 billion in their first year. Taking the conservative $4 billion figure and applying a 200x market cap multiplier, he estimates XRP’s market cap could swell by $800 billion.
This would push XRP’s total market capitalization from its current $125 billion to approximately $925 billion. With a circulating supply of about 60 billion tokens, this translates to a price of $15 per XRP – a 597% increase from current levels.
Retail Ownership and Market Sentiment
One complicating factor for XRP’s price action is its retail-heavy ownership structure. According to Glassnode analysts, retail buyers have increased their share of XRP’s market value to 47% in the past six months.
While this retail interest helped drive earlier rallies, it now presents a potential vulnerability. Newer buyers with elevated cost bases might be quicker to cut losses, potentially creating short-term price instability.
Options markets reflect this caution. Current open interest shows a skew toward put options with a $1.80 strike price, suggesting traders are betting on downside movement. Most options traders don’t expect XRP to trade above $2 in April and May.
XRP has underperformed the broader crypto market since January, dropping 36% since President Trump’s inauguration – more than double the average decline for other major cryptocurrencies, including Bitcoin.
XRP ETF Developments
Despite near-term price challenges, significant institutional developments continue to unfold. Teucrium Investment Advisors recently launched the first US-listed leveraged XRP ETF, which recorded a five-day winning streak with total flows exceeding $36 million.
Nine firms including Bitwise, Franklin Templeton, Grayscale, and VanEck have filed applications for spot XRP ETFs with the SEC. With Ripple’s legal settlement anticipated in 2025, market prediction platforms like Polymarket show 78% odds of approval this year.
Brazil has already approved a spot XRP ETF in March 2025, potentially setting a precedent for other markets. However, the underwhelming performance of Ethereum ETFs – which have attracted only $2.28 billion since their July 2024 launch – raises questions about how much demand exists for altcoin ETFs beyond Bitcoin.
XRP currently trades around $2.15, with a market cap of $125 billion and a circulating supply of approximately 58 billion tokens. Whether it reaches the ambitious targets set by analysts will depend on broader market conditions, regulatory developments, and institutional adoption in the coming months.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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By Nermeen Nabil Khear 
