The Next Impulse Could Take XRP to $11: Here's Why

Source: CryptoNewsNet Original Title: The Next Impulse Could Take XRP to $11: Here’s Why Original Link: XRP may be setting up for another major move if a familiar historical pattern continues to play out.

A widely followed market watcher recently shared this bullish outlook, projecting a run into the double-digit range. The view suggests a potential 6x price move at a time when XRP continues to struggle around $2. The coin trades with notable weakness in its weekly and monthly price trajectory.

Key Points

• XRP may be forming a familiar long-term pattern that has preceded major bull runs in past cycles.
• Extended consolidation could fuel a powerful breakout once momentum returns.
• XRP may target $11 as the next impulse level, with larger upside if history repeats.
• Longer accumulation phases may support higher price ceilings, though timelines remain uncertain.

XRP Familiar Pattern on the Weekly Chart

According to crypto influencer CryptoBull, XRP’s current structure closely mirrors its previous bull run. The key difference this time, he argues, is time. The market has spent far longer consolidating, which could support much higher prices once momentum returns.

On the weekly XRP chart, price action shows a long period of sideways movement following a strong breakout. CryptoBull’s chart references price patterns from 2017 to the present, a nine-year period.

Similar consolidation zones appeared in earlier cycles (2013 to 2017) before XRP entered sharp impulse moves that led to the 2018 all-time high.

CryptoBull points out that XRP previously spent extended periods ranging below major resistance before breaking out aggressively. In the current cycle, that accumulation phase has lasted even longer, suggesting stronger price compression.

In technical analysis, prolonged consolidation often leads to powerful expansion once resistance gives way.

$11 Is the First Major Target

Based on this structure, CryptoBull believes the next impulse wave could push XRP toward $11. This target aligns with prior expansion ranges in earlier bull markets, adjusted for the larger accumulation base XRP has formed over time.

Notably, XRP’s price would need to rise by nearly 6x to reach the $11 level, which would give it a market capitalization of over $660 billion. Meanwhile, CryptoBull suggested this move may only be a preamble to even higher price levels.

A Final Wave to $70?

In particular, CryptoBull suggested that a final wave could eventually carry XRP as high as $70 if the full historical pattern repeats. For context, this price level would give XRP a market cap of over $4.2 trillion.

While such targets remain speculative, the argument rests on one core idea: longer accumulation phases tend to support higher price ceilings.

How Soon Could This Happen?

For now, XRP remains range-bound on higher timeframes. However, analysts believe the foundation for the next major move continues to build momentum.

A commenter asked CryptoBull how long it could take XRP to reach the final wave. He replied that it may take over a year of accumulation for XRP to reach $10. Accordingly, reaching $70 could take significantly longer. Notably, analysts estimate it could take XRP until 2034 to reach the $70 level—nearly ten years from now.

Considering it takes over a year of accumulation to get to $10+ it will take probably some time to get to the last wave.