Michael XBT, a widely followed market analyst and Bitcoin investor, has resurfaced with a bold new XRP prediction. This comes just months after his previous forecast played out with stunning accuracy. According to him, that call turned everyday investors into millionaires. How it Played out Back in July 2024, Michael publicly predicted that XRP was on the verge of a historic breakout from a seven-year-long bull pennant pattern. He described the formation as something he had never witnessed in his years of trading. According to him, it was one of the most powerful setups in crypto history. At the time, XRP was trading at $0.50, and skepticism was at its peak as the asset’s performance continued to disappoint investors. The coin often showed minimal movement, even amid bullish news regarding Ripple’s partnerships and acquisitions. Moreover, it consistently failed to benefit from broader bull market rallies, leading many to write off the coin entirely. Meanwhile, Michael remained convinced that XRP would have its day. Interestingly, by November 2024, XRP broke above the key resistance at $0.5. This triggered an explosive rally that peaked around $3.40 by January 2025, a nearly 600% surge that stunned the market and confirmed Michael’s prediction. This marked XRP’s first return to multi-year highs since 2018. As a result, the development sparked admiration even from prominent critics, many of whom turned bullish on XRP after previously calling for it to fall to zero. XRP Enters Consolidation, But the End Is Here Since that parabolic run, XRP has been in a seven-month consolidation phase. While it traded sideways, Michael refers to it as a healthy cool-off period. During this time, the coin corrected by over 50%, dropping to around $1.60. However, it has since recovered and has been holding above $2 for the most part. Now, Michael believes this consolidation is ending and that XRP is gearing up for its next major move. According to him, the next breakout will align with Bitcoin breaking its own eight-year-long trendline. XRP chart accompanying Michael’s post Bitcoin Breakout to Trigger Generational Wealth and FOMO In his latest Bitcoin update, Michael emphasized that a breakout from this long-standing resistance is near and that it could trigger a wave of generational wealth. According to Michael, this event will be unlike any before. He stressed that the development would ignite unprecedented FOMO, and market participants would finally grasp the true meaning of a digital gold rush. Bitcoin will break the 8-year resistance line very soon This break-out will be unlike any other It will ignite a FOMO rally of unprecedented proportions You will witness the true meaning of a digital gold rush pic.twitter.com/SE6jsbxQ0s — Crypto Michael (@MichaelXBT) June 9, 2025 Michael’s post hinted at a possible synchronized surge across the crypto market that would benefit altcoins like XRP. While he remains silent on exact price targets for Bitcoin or XRP, he is convinced that the incoming move will disproportionately reward holders. Life-Changing Gains for Holders Michael also suggested unseen forces may oppose his XRP call again. Despite this, he stands by his latest prediction, hinting at similar life-changing gains. Notably, some analysts believe a price range between $5 and $30 is a realistic expectation for XRP this cycle. Even on the lower end of that range, holders with 500 XRP or less, who make up the largest portion of the XRP holder base, could see substantial returns. While not necessarily millionaire status, it could still represent a major financial turnaround. Meanwhile, more ambitious voices have called for XRP to exceed $100, though many dismiss that as an overblown expectation for this cycle. In such a hypothetical scenario, 500 XRP, currently worth around $1,000, could rise to $50,000, which could be life-changing for many.