A crypto analyst who beforehand predicted that the XRP worth may rise towards $16 has now up to date his outlook to a better goal. In response to the revised projection, XRP is making ready to rally above $18, a stage that might symbolize a staggering 369% surge from its current all-time high of about $3.84
Up to date XRP Value Forecast Eyes Breakout Above $16
Crypto market analyst ChartNerd has updated his XRP worth outlook from a earlier evaluation, reinforcing his bullish stance whereas outlining two potential market situations. He described the construction in his chart evaluation as a Staircase to Valhalla, implying that XRP may transfer by way of distinct phases towards a better valuation above $18, somewhat than experiencing a single explosive surge.
In his submit on X, the skilled acknowledged that XRP is reacting positively from a key Vertical Accumulation Help zone that has acted as a protection barrier for roughly 13 months round $1.99. He emphasised that this space efficiently held worth and is now serving as the bottom layer for a possible continuation greater.
In response to the analyst’s chart, State of affairs 1, which reveals XRP already transferring above the Vertical Accumulation Help space, stays the extra bullish end result and at present has the benefit. Nevertheless, he cautions that affirmation will solely come if XRP can break above the Vertical Accumulation Resistance zone between $3.1 and $3.7. If this occurs, a stronger worth rally might be validated.
Notably, ChartNerd outlines a ultimate “Markup” section with a bullish target of $18-$22 for XRP. This projection displays a steep enlargement zone proven on the chart following a profitable breakout from the Vertical Accumulation Resistance and a subsequent consolidation interval.
ChartNerd additionally outlines a second situation, which presents a extra bearish path for XRP. On this case, the cryptocurrency may dip beneath $1.5 from its present price above $2 earlier than making an attempt to strategy the vertical accumulation resistance once more. Within the close to time period, he agreed that XRP is at present at assist and instructed {that a} break above $2.20 may open the door to additional upside.
Analyst Says 2026 Will Be A Landmark 12 months For XRP
In a current submit, ChartNerd shared a chart highlighting a historic construction that intently mirrors XRP’s price behavior in 2016. Throughout that interval, XRP was quietly constructing momentum that finally fueled its bullish surge in January 2018.
ChartNerd has instructed that if historical past repeats itself, 2026 may develop into a landmark year for XRP, probably setting new data and marking a significant milestone for the cryptocurrency. The analyst described the 2026 sample as an uncannily related formation, that includes the identical Double Top formation and wick drop seen within the 2016 construction. Moreover, each timelines skilled a Stochastic Relative Strength Index (SRSI) reset, reinforcing the skilled’s thesis that XRP may replicate its 2016 bullish development in 2026.
