- Multiple bullish indicators on the XRP price chart suggest new ATH prices.
- This altcoin remains one of the most highly anticipated assets for an altseason pump.
- The price of XRP is expected to surge to $3 and then shoot to new ATH at $7 soon.
The crypto community continues to watch the charts of several popular altcoin assets in the crypto market. Due to the lackluster performance of altcoins during this bull cycle, many still hold onto hope that a bullish altseason phase will play out sometime this year before the price of Bitcoin will set a bottom price. Presently, multiple bullish indicators on the XRP price chart points to new ATH targets for the altcoin.
Multiple Bullish Indicators on the XRP Price Chart
Among the many altocin assets in the crypto market, only a few were able to set new ATH prices this cycle. These new ATH were not enough to ignite the altseason peak phase, leaving several altcoin traders highly frustrated. In fact, even the pioneer altcoin asset, Ethereum (ETH) barely went on to impress ETH holders, investors, and traders during this bull cycle. To highlight, ETH set only one new ATH price so far.
In detail, the price of ETH went on to surge from its previous ATH price in the $4,800 price range to hit its current ATH price range in the $4,900 price range, going on to set only one new, not so impressive, ATH this cycle. This in turn, led to no altcoin market surge, instead the price of ETH continued to decline, and is now doing its best to hold on to the $2,000 support level, driving hope for altseason to play out this year.
Altcoin XRP Prepares to Hit New ATH Targets Soon
Among the legacy altcoins, a few did surge this cycle, but nearly all failed to set a new ATH price, let alone reclaim their previous ATH prices. Despite this, their respective price charts show bullish indicators to support positive price action in the coming months ahead. Among these assets is Ripple’s XRP, this altcoin was expected to surge exponentially since it won the lawsuit against the SEC.
Despite two significant surges, the price of XRP failed to reclaim its previous ATH prices. Now, the asset is trading in the $1.3 price range and analysts believe another dip to prices under $1 is expected before the parabolic surge to new ATH prices, likely between $5 – $8, lies ahead for XRP. As we can see from the post above, thos expert highlights a falling wedge bounce attempt on the XRP price chart.
Similarly, another expert highlights a double bottom formation on the XRP vs BTC price chart. Both these bullish indicators draw attention to the high possibility of the price of XRP surging to high new ATH prices in the coming months. On the lower end, the first post expects $1.62, $2.06, $2.66 prices for XRP before the major target at $3.45. The latter post states a $7 ATH high for XRP to be hit soon after.


