XRP may soar. That’s the key phrase echoing across crypto circles this week, as bullish sentiment around both XRP and Bitcoin accelerates. According to technical analysts, if Bitcoin reaches its long-projected $144,000 price mark, XRP could follow with a rally that pushes it into the $6–$10 range. But the setup isn’t as straightforward as it seems, there’s one major condition that must be met before XRP bulls can celebrate.
XRP May Soar, But It Needs Bitcoin to Move First
The forecast, which originated from analysts at NewsBTC, draws a direct correlation between Bitcoin’s macro structure and XRP’s lagging price action. Historically, XRP has often followed BTC’s momentum in delayed waves, benefiting from late-cycle rallies. This time, analysts believe Bitcoin needs to cross $144K to validate a larger altcoin season and XRP’s projected 2x–3x surge would follow closely after.
If that happens, Fibonacci extension models and Ichimoku analysis, like the one published by Dr Cat (@DoctorCatX) suggest that XRP may soar to technical targets like:
- $4.53 (1.618 Fib)
- $6.31 (2.0 Fib)
- $9.22 (4.236 Fib)
Technical Confluence Points to Explosive XRP Scenarios
In a now-viral tweet, Dr Cat shared an in-depth breakdown of XRP’s structure. As of this week, the coin is approaching a pivotal moment. If the weekly close remains above $3.37, the Kumo cloud breakout, Kijun Sen trend, and Chiko Span confirmation would all align to signal a bullish continuation. This specific Ichimoku configuration is rare and historically precedes major vertical moves.
He notes that we are in “week #27” of the market cycle. A bullish candle this week would mark it as the “Henka-Bi” candle, a critical part of traditional Japanese cycle analysis. According to this view, XRP’s rally shouldn’t finish before the 11th of August just ahead of week 33, where a new trend phase may begin.
On-Chain Activity Adds Fuel to the Fire
Adding to the narrative, large players are showing renewed interest in crypto. While Ethereum is leading the institutional accumulation wave, some whales are repositioning portfolios in anticipation of an altcoin rotation. If this trend continues, XRP could see capital inflows from profit-taking in larger caps like ETH and BTC.
Source: Trading View
The latest chart (see above) shows XRP consolidating just below $3.60, holding gains from its explosive July breakout. The bullish structure remains intact for now, with no major resistance levels until the $4.50–$5 zone.
The Catch: No Rally Without Bitcoin
While everything suggests that XRP may soar, there’s a caveat and it’s a big one.
The entire thesis hinges on Bitcoin hitting $144K. If BTC stalls or reverses before reaching that level, the upside potential for XRP shrinks dramatically. Market cycles, especially in altcoins, are driven by liquidity rotation. Without that liquidity surge, XRP risks falling into a consolidation range instead of launching to new highs.
Additionally, SEC-related uncertainty still hangs over Ripple, and while most legal pressure has been priced in, any new developments could disrupt sentiment and slow momentum.
Final Thoughts: XRP May Soar, But Timing Is Everything
The phrase “XRP may soar” isn’t just clickbait it’s backed by confluences in both traditional technical indicators and broader macro trends. But timing is crucial. Without a confirmed breakout in Bitcoin, XRP’s bullish setup may remain just that a setup.
If BTC surges as expected, XRP could be one of the biggest beneficiaries of the coming altcoin wave, potentially delivering 2x to 3x gains in a matter of weeks. Until then, the market watches closely, with $3.37 as the short-term level to hold and $6.31 as the mid-term moonshot target.
