Crypto Analyst Sets $11.61 “Ideal” Target for XRP in the Current Bull Cycle

• XRP’s ideal target in the current bull cycle is $11.61.
• The altcoin needs to break above $5.92 to trigger more rallies.
• XRP could rally to $21.5 and beyond if the bullish momentum continues.

A crypto analyst has laid out a bullish roadmap for XRP, setting an “ideal” price target of $11.61 for the current bull cycle. His analysis, posted on X, uses a unique approach, focusing on key Fibonacci levels on the XRP market dominance monthly chart.

#XRP Dominance: Your Key to Price Discovery!

Trust me, you'll want to keep a close eye on the #XRP Dominance Chart, it’s a crucial indicator of our price direction!

Key Levels to Watch:
Fib 0.5 (5.92%): We need to breach this level with confirmation to unlock the next… pic.twitter.com/nH19n5fQL9

— EGRAG CRYPTO (@egragcrypto) August 9, 2025

XRP Market Dominance is a crucial indicator

According to the analyst, the XRP market dominance indicator will be a crucial technical analysis tool for the cryptocurrency in the current bull cycle. He highlighted the key Fibonacci levels from within the chart that correspond to major price targets for the token itself.

The first major hurdle, he believes, is the 0.5 Fibona…

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