Analysts who accurately predicted XRP ($2.02)’s explosive rally from $0.50 are now issuing fresh projections, forecasting another major surge above the $3 mark. With XRP already up more than 410% year-over-year, prominent figures in the crypto space remain confident that the token has more room to run.

These renewed predictions come as XRP trades at $2.58, up 3.17% in the last 24 hours, and well above its early 2024 levels. According to data from CoinMarketCap, the token has steadily gained value through strong bullish momentum and ecosystem expansion. Now, analysts are eyeing the next psychological milestone at $3.40, which would mark a new all-time high.

Vandell Aljarrah Remains Bullish, Predicts Break Above ATH

Vandell Aljarrah, co-founder of the financial consultancy Black Swan Capitalist, has reiterated his bullish outlook on XRP, reinforcing his reputation as one of the first to spotlight its rally potential when the token traded at $0.45. In a recent tweet, Aljarrah highlighted how his earlier predictions have already materialised, citing XRP’s leap from sub-$0.50 levels to $3.39 in January.

Aljarrah now expects XRP to break decisively above $3.40, a move that would represent a 31.7% gain from current levels. Though he didn’t elaborate on the technical foundations behind his forecast, the strategist suggested that data supports the likelihood of this breakout.

Crypto Michael Forecasts Parabolic Expansion

Another respected analyst, known online as Crypto Michael or “The Swing King,” has echoed a similarly bullish stance. In a parallel post, he reflected on the scepticism he faced when he called for an XRP breakout at $0.50, stating: “Doubt me at your own risk.”

Michael’s updated analysis points to a potential second parabolic phase. He believes XRP is poised to resume its upward trajectory following a significant structural breakout. Back in July 2024, Michael identified a 7-year bull pennant pattern, which he said could trigger a massive move. When XRP finally broke out in November, his analysis gained credibility as prices soared past $2.

He now predicts that XRP is set for another explosive wave, likely pushing the token beyond the $3 threshold and into uncharted territory.

Is $3 Just the Beginning for XRP?

While breaking $3 would be significant, several other market watchers believe XRP’s true potential lies much higher. Analyst JD recently projected a price rally to $12.45, citing super-bullish MACD and Stochastic RSI signals that indicate strong market momentum.

In addition, Fxcryptonews published insights from a separate analysis claiming XRP could surpass $10 in the current cycle. According to this perspective, if XRP recaptures its 2018 market dominance level of 31.33%, the token’s price could soar to $17.80.

These forecasts suggest that $3 may only serve as a stepping stone toward larger macro targets, especially if broader crypto market conditions continue to favour altcoins.

Related article: XRP Trading Volume Soars 140% Despite $606M Crypto Market Liquidation

Conclusion: Analysts See More Upside Ahead for XRP

With XRP already up over 400% year-on-year, the analysts who called its early breakout remain undeterred. Their confidence in XRP’s trajectory has strengthened, as the token solidifies support above $2.50 and builds momentum toward new highs.

The post XRP Bulls Reload: Top Traders Eye $3.40 Breakout and Long-Term Surge appeared first on FXcrypto News.