XRP is trading around $1.43, up about 6% on the day, according to CoinGecko. Crypto analyst CW, a contributor at CryptoQuant, says XRP has entered the fourth phase of a four-stage market cycle. The analyst also highlighted a price target of $21.50. Phase 4 is typically a bullish phase, supporting the bullish outlook for XRP.
Market-cycle historians note that Phase 1 rose from $0.39 to $3.30 by January 2018. Phase 2 retreated to $0.1140 by March 2020, then recovered to $1.96 by April 2021. Phase 3 initially saw further consolidation, with prices trading in the $0.50–$0.60 range through November 2024. Phase 4 began in that range and climbed to $3.40 by January 2025, followed by a peak of $3.60 in July 2025.
The latest uptick comes as momentum indicators show a potential golden cross, signaling a more durable rally. However, the move comes after the largest realized losses since 2022. The candlestick pattern suggests a potential turn from bearish to bullish, which could underpin a full-fledged rally.
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