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A prominent market analyst has suggested that $XRP is currently witnessing its “hardest” bull run, insisting that it could make investors rich.
The recent declaration comes on the back of the resilience $XRP has shown above the $3 price mark. Specifically, after soaring to $3 in January 2025 for the first time in seven years, $XRP relinquished the price level shortly after and continued to face resistance at the mark until mid-July.
Since recovering $3 in July, $XRP has flipped this area into support, and several analysts believe this is an extremely bullish sign. One such analyst is Steph, who has recently suggested that $XRP could be witnessing its “hardest” bull market in history.
However, as it dropped from this $0.55 peak, another descending trendline formed until July 2023, when it broke out on the back of the favorable ruling in the SEC vs. Ripple case. This breakout led to a push toward a peak of $0.94.
Meanwhile, following a slump from the $0.94 peak, $XRP witnessed another descending trendline. Nonetheless, it staged a breakout following the U.S. elections in November 2024 and eventually reached a new high of $3.4 by January 2025.
$XRP Could Surge to $14 After Trendline Breakout
$XRP again dropped from the $3.4 peak and consolidated around $2 for over five months, as it observed another descending trendline. However, the recent rally above $3 in July resulted in another breakout. Now, Steph believes the resulting price action could lead to another price uptrend.
His chart projects a possible uptick to $14 for $XRP, representing a 348% increase from the current price of $3.12. Notably, while some have already sold off their holdings with the initial rally above $3, Steph congratulated those who have remained in the market, insinuating that they could see higher returns. Steph has consistently called for $14, urging investors last November to purchase $XRP before it hits $14.
Interestingly, besides Steph, other market commentators have projected a possible $XRP rally to the $14 mark. In May, pseudonymous analyst Papa claimed that $XRP was “screaming higher.” Despite $XRP trading for $2 at the time, Papa predicted a rally to $14, citing Fibonacci targets. Last March, analyst JD predicted a minimal $XRP target of $14.