Reason to trust
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
An extended technical review aired Tuesday on Sistine Researchโs YouTube channel has placed XRP at the top of the current market hierarchy and mapped a price trajectory thatโif historical analogues and present chart structure holdโcould lift the token as high as $73 in a late-cycle blow-off.
Speaking during the firmโs regular live-stream, analyst Forrest began by ranking assets that have rallied since the US election on 5 November 2024. โXRP is the number-one performing coin since the election, the strongest coin on my watch-list,โ he said, displaying a four-hour relative-performance chart that compared crypto majors, select altcoins, metals and equities. The next-best performersโHBAR and XLMโwere described as โbetaโ plays that historically accelerate only after XRP begins to trend.
Can XRP Reach $73 This Cycle?
Forrestโs thesis hinges on what he called a โseven-year flag and breakoutโ visible on XRPโs monthly time frame. The pattern comprises the long consolidation that followed the 2017 bull market and a second, five-month bull flag carved out this year. โWhy would I not own a chart that looks like this?โ he asked, noting the rarity of multi-cycle structures that break decisively to the upside without retracing the move.
In his view, the next critical trigger sits above $3.00โ3.30, where XRPโs prior all-time high was set in January 2018. Once breached, the analyst argues, momentum traders who โfeel like theyโve missed itโ will encounter a higher-time-frame market that is in fact just warming up: โAbove three dollars I get even more bullish. The higher this goes, the more bullish it becomesโup to a point, of course.โ
Related Reading
Forrest offered a ladder of profit-taking zones:
- $7โ10 โ initial resistance where early longs may start trimming.
- $17โ37 โ an intermediate band calibrated from Fibonacci extensions and prior percentage moves.
- $73 โ the โabsoluteโ target, projected by measuring the full height of the 2017 breakout and extending it from the current flagโs pivot.
He acknowledged that the $73 figure โsounds crazyโ with XRP trading near $2.28 at the time of the stream but argued that similarly outsized moves materialised in past crypto supercycles. During the 2017 run, XRP advanced roughly 1,400% from its breakout flag; applying a comparable ratio to todayโs structure yields Forrestโs upper bound.
While the tone remained unambiguously bullish, the analyst did outline scenarios that would invalidate the thesis. A decisive breakdown below the present trading rangeโhe cited the $1.80โ1.90 areaโcould force a โround-tripโ to the mid-$1 zone and delay the upward resolution. For now, however, he sees range-bound price action as constructive: โAs long as weโre holding range, Iโm not entertaining the deep retrace.โ
Related Reading
Forrest also distinguished between holding spot XRPโโa no-brainerโโand employing leverage, reminding viewers that structural targets are measured in months and that leveraged positions may not survive interim volatility.
Sistine Researchโs macro overlay remains resolutely pro-risk through the summer. The firmโs proprietary โBitcoin Blueprintโ identified the 7 Juneโ21 June window as a historically bullish pocket. That seasonal tailwind, combined with the technical setup, underpins Forrestโs conviction that XRP will continue to outperform not only rival tokens but also traditional safe-haven assets such as gold and silver, which the firm nonetheless holds as portfolio hedges.
Whether XRP can emulate its 2017 trajectory will depend on broader liquidity conditions, regulatory milestones in the ongoing SEC litigation, and the extent to which institutional flows diversify beyond Bitcoin and Ethereum. Yet the Sistine Research desk is positioned as though the heavy lifting is already under way: โItโs slowed down a little recently, but I expect this overall trend to continue.โ
At press time, XRP traded at $2.32.
Featured image created with DALL.E, chart from TradingView.com