XRP Is on the Verge of a Major Breakthrough – The Path to $7.5 Has Been Revealed

XRP seems to be approaching a significant breakout point, supported by strong technical indicators and increased network activity. Recently, cryptocurrency analyst Jack The Rippler posted on X, explaining how their Fibonacci model indicates the possibility of XRP price rising to $7.45 within two weeks. According to the chart in the post, Elliott Waves (A), (B), and (C) appear in the period from December 2024 to April 2025, and XRP has formed a descending channel, trading in the range of $2.13 to $2.56. The concentration is often noted as part of a larger pattern, and this marks the beginning of a sudden rise. The Fibonacci extension levels indicate that resistance may be at $3.28, $4.60, and $6.19. The 1.0 extension level is projected to be $7.33, suggesting additional upside potential if the pattern aligns with the analyst's predictions.

The volume data also supports the outlook, indicating activity is rising near recent lows. This trend often signals accumulation as traders position themselves ahead of a potential price breakout. CTF Token and the Operations of XRPL Reinforce the Price Rise Sentiment In addition to the price chart, broader on-chain developments will provide additional momentum for the bullish narrative. In the same post, @RippleXrpie noted that the trading volume of the XRP Ledger could rise to $1.19 trillion if XRP reaches the projected level. Such an increase would mark significant growth in the use of the network, especially on DeFi platforms built on XRPL. CTF Token, a DeFi asset originating from XRP Ledger, is identified as a key factor in this development. With a price of $0.28, this token is linked to a speculative model predicting a future market capitalization of $20 billion. If this model is correct, CTF could rise significantly, with an estimated value forecast of $748.50 per token. The supply burn event has been confirmed to support this forecast, with one million CTF tokens to be permanently removed from circulation on May 3rd. This deflationary move may further support the long-term valuation of the token as supply tightens and demand rises. When technical patterns align with on-chain fundamentals, XRP is at an important point. A breakout above the current level could soon bring this asset to test the $7.5 mark. The formation chart of XRP and the increasing activity on XRPL indicate that a breakthrough may be imminent. If the rise continues, this asset could soon make a decisive move towards the $7.5 target of @RippleXrpie.