XRP Rockets Past $2.65 — $14 Next or Will Bulls Push to $66?

XRP-USD breaks $2.60 barrier: Is a $14 breakout still on the table?

XRP’s bullish structure has begun to reassert itself, with the price reclaiming control above the $2.60 range for the first time since early May. On June 16, the token surged 8% daily — tripling Bitcoin’s move — and printed one of its strongest candles since the April uptrend began. That surge came after 81 days of correction and another 24-day drop that found a higher low, reaffirming bullish market structure. The key battleground now lies between $2.65 and $3.00 — a zone that includes both the 200-day and 50-day simple moving averages. Reclaiming this territory is the final obstacle before a potential explosive breakout toward new highs.

XRP-USD momentum signals mirror the 2017 bull pennant rally

XRP’s weekly chart has formed a textbook bull pennant — a consolidation pattern that typically resolves upward by the same magnitude as the preceding rally. That technical setup is exactly what preceded XRP’s 1,300% rally in 2017, which launched it to its all-time high near $3.40. If the same pattern plays out, XRP could target $14 — a 530% gain from current levels. The $2.05–$2.40 range that defined the last month’s trading now acts as the pennant body, while the April–May surge is the flagpole. A confirmed breakout above $2.65 would trigger the bullish continuation and put $14 in striking distance. This technical roadmap gains additional credibility given the rising RSI, now up from 29 to 52, and a clean rejection of oversold conditions earlier this quarter.

Fibonacci and Elliott Wave targets project XRP-USD toward $66–$77 by 2028

Crypto analyst Dark Defender has mapped a long-term Elliott Wave structure supported by Fibonacci extensions on the six-month chart. According to this model, XRP broke out above the multi-year “Ultimate Resistance” trendline from 2018 and has now entered Wave (3) of the classic five-wave impulse pattern. Wave (3), often the most violent phase of any Elliott setup, is projected to reach $18.22 — based on the 361.8% Fibonacci level. After a brief correction via Wave (4), the final leg, Wave (5), could catapult XRP between $66.96 and $77.70 by 2027–2028 using the 476% Fibonacci extension. The price currently sits at $2.17, with upside potential exceeding 3,500% under this long-cycle view.

XRP-USD ETF speculation and SEC settlement lift long-term sentiment

Traders are beginning to price in regulatory clarity following a proposed settlement in the Ripple vs SEC case. The latest joint motion recommends a $125 million penalty split, with $75 million returned to Ripple and $50 million going to the SEC. If Judge Analisa Torres approves the motion — which legal expert John Deaton pegs at a 70% probability — it would mark the close of the yearslong case and remove a critical overhang. Furthermore, speculation around a potential U.S. spot XRP ETF continues to gain traction. Some models, assuming ETF approval, project XRP surging over 1,100% toward $25–$27, unlocking massive institutional flow that has so far been sidelined.

XRP-USD wave count and technical map eye $4.50 breakout zone

Using the three-day XRP/USDT chart, analysts point to a clear W-X-Y correction ending in early April, followed by the start of a new five-wave upward pattern. The price is now in Wave (3), typically the fastest and most aggressive leg in Elliott terms. The immediate target stands at $4.50, calculated using the 1.61x external Fibonacci retracement from the April breakout. The $2.60 resistance must be decisively broken and retested as support for this move to play out. A sustained close above that level would confirm the structural breakout and shift focus to reclaiming the psychological $3.00 level, followed by $3.31 — the highest point since XRP's 2018 peak.

XRP-USD holding $2.27 support: Bullish invalidation below 200-day SMA

While the structure is bullish, XRP must maintain key support zones to avoid a deeper pullback. The 200-day SMA at $2.37 and 50-day SMA at $2.27 are critical levels. A breakdown below both would likely drag the token back toward $2.00, invalidating the short-term bull thesis. However, the April recovery has been aggressive, and the rising RSI and MACD histogram support continued upside. Traders are watching for bullish continuation volume to confirm accumulation. Volume surges in June already match 30-day highs, supporting the idea that smart money is positioning ahead of regulatory events and broader altcoin rotation.

XRP-USD outpaces Bitcoin amid SEC optimism and altcoin leadership rotation

XRP’s June performance has outpaced Bitcoin (BTC-USD), Ethereum (ETH-USD), and Solana (SOL-USD) on several daily candles — most notably on June 16, where XRP posted an 8% gain compared to 2.4% for ETH and 1.5% for BTC. This rotation reflects optimism around the SEC settlement and the long-term Elliott Wave outlook. XRP now leads the short-term altcoin recovery and has regained market cap share as traders move funds out of meme tokens and into established large caps. Whales have accumulated more than 150 million XRP in the past 10 days, according to on-chain data, signaling confidence in near-term price appreciation.

Verdict: XRP-USD is a high-risk, high-upside BUY with breakout potential to $14 and long-term path to $66+

The combination of bullish technicals, bullish macrostructure, declining regulatory risk, and ETF speculation creates a highly asymmetric reward profile. XRP is a BUY at current levels around $2.17, with bullish confirmation above $2.65 opening the path to $3.00, then $4.50, and later $14.00. The long-term Elliott Wave projection remains valid while XRP trades above $2.00. Near-term risk lies in failure to reclaim the 200-day SMA and unexpected SEC ruling reversals. If the court approves Ripple’s motion and a U.S. spot ETF gets traction, XRP’s upside could extend to $66–$77 by 2028. Until then, short-term bullish, medium-term breakout potential, and long-term structural upside define the case.

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