XRP Price Target of $45 Circulates as Analyst Reaffirms Cycle Call Despite 70% Drawdown
A widely followed XRP chart analyst has reiterated a $45 price target for the current market cycle, despite XRP trading more than 70% below its all-time high of $3.65. The call has drawn attention given how long it has remained unmet. No new on-chain or fundamental catalysts were cited in support of the projection.
A popular XRP technical analyst has publicly maintained a $45 price target for XRP within the current market cycle, reaffirming a call that predates the token's prior all-time high of $3.65 reached last year.
Since that peak, XRP has shed more than 70% of its value. The analyst has not revised the target downward, arguing the conditions for a major alt-season rally remain in place.
No specific on-chain data, partnership announcements, or regulatory developments were cited to support the projection. The call is based on chart analysis and cycle timing.
Key facts
- •Analyst maintains $45 XRP price target for current cycle
- •XRP all-time high was $3.65, reached last year
- •XRP is currently trading more than 70% below that high
- •No new fundamental catalyst cited to support the target