Following the last major rally in late 2024, the price of XRP has struggled to keep its upward momentum. It’s been hovering steadily around the $2 mark, holding its ground as the broader market tries to find direction.
While some traders have moved on to trendier tokens, long-time XRP supporters believe the story isn’t over yet. A few technical signals and bold predictions suggest that a much bigger move could be brewing for Ripple.
In a video on the A Chain of Blocks YouTube channel, the host brings a mix of sarcasm, political commentary, and crypto analysis. The video opens with a satirical take on how rough April was, complete with memes, soundbites, and jokes about everything from Congress to convenience store employees trying to impeach the president. But tucked between the political jabs and cultural roasts is a serious look at XRP and a price target that might raise some eyebrows.
Referencing a macro chart breakdown originally shared by EGRAGCrypto, the host explains that XRP is currently in what’s called “candle number five” on the macro chart. If XRP manages to break out of its current pattern, the measured move suggests a potential rally all the way to $17.
He even mentions that the ultimate high could be $55, though he personally has his sights set on $27 as a possible profit-taking zone.
Why the $17 XRP Price Isn’t Just a Meme
The Ripple price prediction is built on a few technical signals. One of the biggest is a hidden bullish divergence on the two-week RSI and Stochastic RSI. According to the analysis, if the SRSI crosses and stays above the 20 line for several weeks, that could act as a strong bullish confirmation.
However, there’s a downside risk. If XRP drops below $0.29, the bullish divergence becomes invalid, and the breakout scenario is off the table.
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The XRP segment is just one part of the video, which also dives into Bitcoin’s technical structure. The analyst notes that Bitcoin has crossed a key stochastic RSI level and is testing a descending broadening wedge. If Bitcoin breaks out, it could spark a broader altcoin rally, something that would almost certainly benefit the XRP price as well.
Despite the satirical delivery, the video delivers a focused technical take. The key takeaway is that the Ripple price could be on the verge of a significant breakout, but it all hinges on a few critical indicators holding up over the next few weeks.
So, could the XRP price really hit $17? It’s far from guaranteed, but according to A Chain of Blocks, the roadmap is there, it just depends on whether the market is ready to follow it.
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