Will XRP Reach $73? Interpreting Bullish Opportunities from a Technical Perspective

Beginner6/18/2025, 4:09:18 AM
Sistine Research's latest report indicates that the price of XRP is expected to break through its historical high of $73. This article combines the latest market conditions and technical analysis as of June 2025, breaking down key resistance levels and risk warnings.

Since Sistine Research released its latest technical analysis on June 12, 2025, “XRP Could Hit $73” has become a hot topic in the market. As of the time of writing, XRP is priced at $2.32, showing a slight increase from the previous day. Analyst Forrest emphasized that since the U.S. presidential election in November 2024, XRP has been one of the strongest mainstream tokens, with its four-hour relative strength chart even surpassing that of certain mainstream metals and stock varieties.

1. XRP latest price and market performance


Figure:https://www.gate.com/trade/XRP_USDT

Current Price: 2.17 USD (June 18, 2025)

2. Seven-Year Flag Pattern Breakout: Core Logic of Technical Analysis

Forrest pointed out that XRP has formed a wide-range consolidation for seven years after the high point in 2018 at the monthly level, and recently broke upward after a flag-shaped fluctuation (about five months). The multi-cycle structure is rare and has strong continuity; once the breakout is confirmed, it has a powerful acceleration effect. “XRP Could Hit $73” is based on calculating the current flag shape using the 1,400% increase of the flag height in 2017.

3. Key Resistance Zone and Target Position

  • $3.00–3.30: Historical highest resistance level, a breakthrough is the primary signal.
  • $7–10: Early profit-taking zone, short-term funds may reduce positions in stages.
  • $17–37: Mid-term resistance zone, determined by Fibonacci extension and past percentage increases.
  • $73: Absolute target level, corresponding to the extension from the 2017 high to the height of the flag pattern.

4. Risk Reminder: Support Levels and Pullback Alerts

Despite an optimistic outlook, Forrest also warned that if the $1.80–1.90 support zone cannot be maintained, it may retrace to around $1.30, delaying the bull market rhythm. At the same time, the legal risks from the SEC and changes in macro liquidity are also variables that cannot be ignored.

5. Investment Strategy Recommendations

  • Holding Spot: Suitable for beginners, with lower volatility risk.
  • Staggered accumulation: Gradually buy at important support zones (2.00, 1.80 USD)
  • Stop loss setting: It is recommended to liquidate or reduce positions below $1.75.
  • Long-term perspective: After breaking through the resistance level, accumulate on dips and patiently wait for medium to high returns.
Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

Will XRP Reach $73? Interpreting Bullish Opportunities from a Technical Perspective

Beginner6/18/2025, 4:09:18 AM
Sistine Research's latest report indicates that the price of XRP is expected to break through its historical high of $73. This article combines the latest market conditions and technical analysis as of June 2025, breaking down key resistance levels and risk warnings.

Since Sistine Research released its latest technical analysis on June 12, 2025, “XRP Could Hit $73” has become a hot topic in the market. As of the time of writing, XRP is priced at $2.32, showing a slight increase from the previous day. Analyst Forrest emphasized that since the U.S. presidential election in November 2024, XRP has been one of the strongest mainstream tokens, with its four-hour relative strength chart even surpassing that of certain mainstream metals and stock varieties.

1. XRP latest price and market performance


Figure:https://www.gate.com/trade/XRP_USDT

Current Price: 2.17 USD (June 18, 2025)

2. Seven-Year Flag Pattern Breakout: Core Logic of Technical Analysis

Forrest pointed out that XRP has formed a wide-range consolidation for seven years after the high point in 2018 at the monthly level, and recently broke upward after a flag-shaped fluctuation (about five months). The multi-cycle structure is rare and has strong continuity; once the breakout is confirmed, it has a powerful acceleration effect. “XRP Could Hit $73” is based on calculating the current flag shape using the 1,400% increase of the flag height in 2017.

3. Key Resistance Zone and Target Position

  • $3.00–3.30: Historical highest resistance level, a breakthrough is the primary signal.
  • $7–10: Early profit-taking zone, short-term funds may reduce positions in stages.
  • $17–37: Mid-term resistance zone, determined by Fibonacci extension and past percentage increases.
  • $73: Absolute target level, corresponding to the extension from the 2017 high to the height of the flag pattern.

4. Risk Reminder: Support Levels and Pullback Alerts

Despite an optimistic outlook, Forrest also warned that if the $1.80–1.90 support zone cannot be maintained, it may retrace to around $1.30, delaying the bull market rhythm. At the same time, the legal risks from the SEC and changes in macro liquidity are also variables that cannot be ignored.

5. Investment Strategy Recommendations

  • Holding Spot: Suitable for beginners, with lower volatility risk.
  • Staggered accumulation: Gradually buy at important support zones (2.00, 1.80 USD)
  • Stop loss setting: It is recommended to liquidate or reduce positions below $1.75.
  • Long-term perspective: After breaking through the resistance level, accumulate on dips and patiently wait for medium to high returns.
Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.
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