XRP to $120? Pundit Says XRP Is Just Warming Up, the Future Will Catch You Off Guard

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XRP has entered a pivotal stage, with analysts closely tracking its movements for signs of the next breakout. Among the boldest voices is crypto pundit Amonyx, who insists that XRP is “just warming up” and that the future could catch many by surprise

His analysis highlights a symmetrical triangle pattern on the charts, a formation that often precedes a significant move. If XRP breaks upward, Amonyx believes the token could rally to a staggering $120.

XRP’s Current Market Position

As of report time, XRP is trading near $2.86, with intraday moves ranging between $2.83 and $2.92. The token has been consolidating in this range, suggesting that traders are waiting for a decisive breakout to set the tone for the next significant trend. This pause in momentum is consistent with triangle formations, which typically signal that a larger move is coming.

The Triangle Pattern at the Center of Attention

A symmetrical triangle develops when an asset trades within converging trendlines, creating a tightening price range. The pattern reflects market indecision, but once broken, it often leads to a strong move in the direction of the breakout.

Amonyx points to XRP’s compression within such a structure, arguing that the setup is bullish if the price pushes above the upper trendline. According to his projection, the measured breakout could extend far beyond typical targets, theoretically reaching $120.

Historical Context and Analyst Views

XRP has previously demonstrated the power of long consolidation patterns. A multi-year symmetrical triangle that resolved in late 2024 fueled predictions of a run toward $11 to $12. Other technical analysts have projected near-term breakouts to around $6, while Elliott Wave models have suggested the possibility of sharp rallies exceeding 300% in short timeframes.

Across the broader market, sentiment remains bullish, though far more conservative than Amonyx’s outlook. Most analysts expect XRP’s next cycle to reach between $4 and $12, with some projecting $15–$24 under highly optimistic conditions.

The $120 Projection

Amonyx’s target of $120 stands well above consensus forecasts. To achieve such a level, XRP would require extraordinary momentum, record-breaking liquidity inflows, and widespread adoption on an unprecedented scale. While technically possible if the triangle breakout delivers maximum extension, the figure remains speculative and unconfirmed by most analysts.

Investor Considerations

For XRP to advance toward ambitious price levels, several factors must align: a confirmed breakout above resistance, strong trading volume, institutional demand, and a favorable regulatory environment. At the same time, risks such as profit-taking by whales or weak breakout signals could cap gains and keep XRP within more moderate ranges.

Outlook

Amonyx’s vision highlights the significance of XRP’s current symmetrical triangle pattern and its potential implications. While most forecasts place XRP in the single- to low-double-digit range, Amonyx’s $120 target highlights the speculative excitement surrounding the token.

For now, all eyes remain on XRP’s triangle formation. A breakout in either direction will determine whether the asset’s next chapter aligns with conservative targets—or surprises the market in ways few expect.

Disclaimer***:*** This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.