XRP Parabola Will Begin Any Day Now, Veteran Trader Says New XRP ATH Is Likely This Year

Veteran trader Michael XBT has doubled down on his bullish outlook for XRP, saying the asset could be on the verge of its biggest breakout move of the year.

In a new post on X, Michael told followers that “XRP’s parabola will begin any day now.”

He went on to add that the potential move could become the biggest breakout of the year. “I hope you’re ready,” Michael added.

The statement comes just days after the analyst declared that the “XRP bottom is in” and that a “major bullish rally” was imminent.

Key Points

• Michael XBT says XRP’s “parabola” could begin any day, predicting the biggest breakout move of the year.
• The trader believes XRP may hit a new all-time high in 2026, pointing to nearly 3X upside from current levels.
• XRP has spent weeks consolidating near $1.30 as analysts watch the key resistance zone between $1.80 and $2.
• Michael previously called Bitcoin’s bottom near $15K and predicted XRP’s breakout before its rally to $3.40.

Compression Signals Imminent Breakout

Michael accompanied his latest comments with a technical chart showing XRP trading within a tightening pattern as it tests a key resistance line. The chart suggests XRP could break out and climb toward $2 first before possibly moving even higher later in the market cycle.

At the time of the post, XRP was trading around $1.41 after spending weeks consolidating in the $1.30 range.

New XRP All-Time High Is Likely

One X user, Honey Nutcherri, responded to Michael’s prediction by saying that a move back to $1.80 would not be particularly exciting, given that XRP previously reached $3.65.

Meanwhile, Michael replied with an even bolder prediction, saying a new XRP ATH is likely this year.

This comment points to an XRP price in the $4 range, which, from today’s level, would represent nearly 3X upside for holders.

New XRP ATH is likely this year

— Crypto Michael (@MichaelXBT) May 9, 2026

Many Are Ignoring XRP

Earlier this week, Michael said many traders were too focused on Bitcoin and overlooking XRP. He believes XRP has finished its correction after dropping from earlier highs and spending months stabilizing around $1.30.

According to him, the main resistance area is between $1.80 and $2. If XRP breaks above that range, it could rise toward $3 and possibly enter a new price discovery phase.

Previous Successful Crypto Calls

Michael XBT has built a following in crypto circles after several high-profile market calls over the past few years.

In early 2023, he predicted Bitcoin had bottomed near $15,000 while forecasting an eventual rally toward $100,000. Bitcoin later crossed the six-figure mark in late 2024.

He also gained attention for an XRP prediction made when the token traded near $0.50. At the time, he forecasted a breakout from XRP’s long-standing seven-year structure.

XRP later rallied to roughly $3.40 by January 2025, marking gains of nearly 7X from those levels.

With XRP already cooling off from that historic run, the analyst believes another leg higher is about to begin.

Meanwhile, Michael is not alone in expecting higher prices for XRP. Some bullish forecasts now place XRP targets between $8 and $12 during the next major expansion cycle.