XRP Price Cycle Target Remains $30: Analysts Explain Why


XRP (XRP) price fell 44% to $2.06 from its multi-year high of $3.66 reached on July 18, before recovering to current levels of around $2.43. Is it finally headed for a deeper correction, or is a more significant rally in the cards?

Key things:

  • The macro outlook for XRP is bullish, with some predictions calling for $30.

  • Several bullish catalysts include the likely approval of spot XRP ETFs in the US.

The macro outlook for XRP remains bullish

XRP price action is revealing a consolidation within a symmetrical triangle on the monthly chart, suggesting that Crypto may be preparing for another upward push, according to analyst Egraga.

In a Tuesday post on X, an analyst he said his followers to not be “frustrated by side-slashing and boring price action”.

Related: XRP lawyer is running for US Senate seat again in 2026

Egrag Crypto explained that XRP’s price action is similar to past cycles where the price drops to create new levels for distribution before a major breakout.

The accompanying chart showed that after a near 50% decline in July 2017 and December 2020, the price recovered and printed “massive” bullish monthly candles.

The analyst added:

“If XRP doesn’t print a massive white/green/blue candlestick style soon like in 2017 or 2021 with a $10-$37 target, then sure doubt it all you want.”

XRP/USD monthly chart. Source: Egrag Crypto

Fellow XForceGlobal analyst he saidalthough there are minor market inefficiencies on lower time frames, “the macrograph shows clear accumulation and a solid price floor after nearly a year of distribution.”

According to the analyst, the XRP distribution will continue to complete the flat period between Wave 1 and Wave 2 before making a massive upward shift in Wave 3.

In another X Monday post, XForceglobal he said:

“I still think there is an extremely high chance that we will still reach our cycle targets of around $15 to $30 for XRP in this cycle.”

XRP/USD Daily Chart. Source: XForceGlobal

XRP Price Breakout Catalysts

The fuel can be several factors XRP shard to two-digit numbers, inclusive President Trump’s $2000 Tariff Dividend announcement on Sunday and reopening the US government after a bipartisan agreement of the Senate.

That could restart SEC operations and clean up backlogs in ETF approval processes, analysts predict in the near future gains 20-25% to $3.60 or higher upon approval of spot XRP ETFs.

Meantime, Canary Capital’s XRP ETF is set to become the first US-based fund to hold XRP, following a key SEC filing that could be launched on Thursday.

In an interview on Tuesday at The Paul Barron Show podcast, Steven McClurg, CEO of Canary Capital, said spot XRP ETFs are expected to see $5 billion to $10 billion in inflows in the first month, potentially double the impact seen with Solana spot ETFs.

He has nine competitive submissions were listed on the DTCCamplifying the potential inflow of capital.

Oct 29 Fed rate cut to 3.75%-4.00% (second in 2025) combined with a 63% chance of another 0.25% cut in December alongside a possible quantitative easingadds to macro tailwinds.

Together, these catalysts could trigger an explosive cycle, though resistance at $2.80 a profit taking by long term holders they will likely continue to keep the bulls at bay.

This article does not contain investment advice or recommendations. Every investment and trading step involves risk and readers should do their own research when making decisions.