XRP’s Road to $23: Bold Forecast Linked to 'Valhalla Gate' Catalyst

Will XRP Mimic a Historical Pattern? According to market analyst Crypto Ninja, “If XRP hits the same fib as the 2017 cycle, we will hit $23 by August 1st.

This is not hype, this is just data.

I’m not saying this will happen, I’m just saying it happened once before.

Same setup! Same result?” Crypto Ninja notes that XRP’s 2017 bull cycle propelled it to the previous all-time high (ATH) of $3.40, and if history repeats, the current momentum could drive prices toward the $23 zone by August 2026. Therefore, XRP might be getting ready for a rollercoaster ride in the next year, having surged to new historic highs of $3.65 .

Despite a pullback to $3.45, XRP remains up 33.7% this week, holding strong as the 3rd-largest cryptocurrency.

The Valhalla Gate Key Comes Into Play Top analyst EGRAG CRYPTO claims XRP’s breakout to $3.65 is the Valhalla Gate Key, a critical trigger that could launch prices toward the $12–$23 range.

The analyst pointed out , “ XRP – $3.65 Is the Valhalla Gate Key (Mini $12 - Max $23).

This is one of my favorite charts and it is my go-to MACRO chart for navigating XRP ’s next move.” Based on this analysis, he showcases a monthly XRP chart highlighting two cycle tops and three mid-cycle peaks aligned with the 9-period SMA.

The chart reveals XRP typically forming both a cycle top and a mid-cycle top during each bull run, though on varying timelines.

In Cycle 1, XRP peaked at $0.0614 in Dec 2013, corrected, then rebounded off the 9 SMA to reach a mid-cycle top of $0.0280 in Dec 2014. In Cycle 2, XRP hit a mid-cycle top of $0.3988 in May 2017 before a six-month retracement formed a bullish pennant.

After retesting and bouncing off the 9 SMA, XRP surged to a cycle top of $3.80 in January 2018. EGRAG’s chart reveals that in Cycle 3, XRP hit a mid-cycle top of $3.40 in January 2025 before correcting after a November 2024 to January 2025 rally.

Having hit the linchpin at $3.65, XRP might well be destined for greater heights with the $12–$23 range being in the picture, according to EGRAG CRYPTO.

This analysis aligns with Crypto Ninja’s prediction that $23 might be in the offing if XRP follows in the footsteps of its 2017 bull cycle.

Why XRP Is Leading the Altcoin Rally Trading volume soared over $12 billion, with futures open interest near $10 billion, signaling institutional-level participation.

Whale data shows major holders adding to positions, even as some profit-taking occurred, highlighting both strength and caution .

Market sentiment is further buoyed by the launch of US XRP futures ETFs and chatter about leveraged XRP instruments.

The XRP Ledger also recently surpassed 7.18 million wallets , underscoring growing adoption and strengthening institutional confidence in the ecosystem.

As a result, analysts are forecasting continued gains, with optimistic targets up to $4.47–$5, depending on market conditions.

Conclusion XRP is capitalizing on a rare convergence of fundamental breakthroughs, on-chain momentum, institutional flows, and regulatory alignment.

It’s not just riding the broader crypto wave, it's flying ahead, powered by utility and narrative.

While short-term consolidation remains possible, the broader trajectory points upward with the $23 price zone being in the picture..

Neueste Nachrichten