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XRP could be on the verge of a major breakout, according to Tony “The Bull” Severino, a well-known Chartered Market Technician. Severino recently shared a bullish prediction, suggesting XRP might reach $13 within the next 42 days—a move that would represent a massive 261% increase from its current price levels.
This bold forecast comes as XRP gains momentum, following a successful push past the $3 resistance mark for the first time in four months. The cryptocurrency is benefiting from a broader market recovery, which has reignited investor optimism. Analysts like Severino argue that this recent surge may be just the beginning of a larger rally.
Historical Triangle Breakout
Severino’s analysis relies heavily on historical price patterns. He identifies a massive symmetrical triangle that began forming in early 2018 after XRP dropped from its all-time high of $3.80. This triangle spanned over seven years on the weekly chart and remained intact despite several price fluctuations over the years.
A major breakout finally occurred when XRP crossed the $1 and $2 price thresholds in late 2024, breaking through the upper boundary of the long-standing triangle. However, the breakout hit resistance around $3.40 in January 2025, leading to a new, smaller symmetrical triangle, often referred to as a bull pennant.
That smaller triangle lasted for six months, culminating in another breakout that pushed XRP to a new yearly high of $3.60. This move, according to Severino, could be the start of what he calls the “final move”—an explosive surge toward $13.
Elliott Wave Structure Suggests Further Growth
Adding to his technical argument, Severino outlines an Elliott Wave pattern that XRP has reportedly followed since Q4 2024. He believes that XRP recently completed Wave 4 when it retraced from $3.40 to $1.96 in June 2025. Now, with the current uptrend, Wave 5 may be underway, potentially pushing XRP to $13 within a six-week window.
Elliott Wave theory suggests that markets move in five-wave cycles during bullish trends. In Severino’s view, XRP is now entering the final and most powerful wave in this sequence.
Comparing to 2017–2018 Cycle
Severino’s prediction also draws parallels with XRP’s 2017 bull run. In that cycle, XRP broke out from $0.39 in mid-2017, paused in a consolidation phase, and then exploded to $3.80 in just six weeks. He argues the current market conditions and structure mirror those seen during the 2017 rally, reinforcing the possibility of a repeat performance.
The timeframes are also similar. After breaking past its resistance in the current cycle, XRP could reach its peak in a similar 42-day period, matching the length of the 2017–2018 final push.
Price Targets and Technical Projections
From a technical standpoint, reaching $13 would represent a 1,900% gain from the breakout point of the original long-term triangle. Severino’s chart aligns Fibonacci extension levels and wave projections to support this bold price target.
In the near term, XRP needs to hold above key levels around $3.20 to maintain upward momentum. If it breaks below, the structure could weaken, possibly delaying or invalidating the target.
Correction May Follow Peak
Despite the bullish outlook, Severino doesn’t rule out a future correction. He anticipates that after hitting the $13 mark, XRP could enter a corrective ABC wave structure. This means that while short-term gains may be substantial, investors should prepare for possible volatility and downward pressure once the rally tops out.
His analysis counters recent market sentiment suggesting that a bear market may not follow this cycle. Instead, he warns that the final wave is often followed by a significant pullback, consistent with previous crypto market behavior.
Conclusion
While no price prediction is guaranteed, Severino’s analysis presents a compelling case for XRP’s potential explosive growth over the next month and a half. The alignment of long-term triangle breakouts, Elliott Wave theory, and historical cycle comparisons all point to a possible surge to $13. Traders and investors will be closely watching XRP’s movement in the coming weeks to see whether this bullish projection plays out.
As always, readers are reminded that crypto markets are highly volatile. While technical patterns offer insights, external factors such as regulatory decisions and macroeconomic trends can also influence price action. Investors should conduct their own research and approach the market with caution.
