A crypto analyst who beforehand predicted that the XRP worth might rise towards $16 has now up to date his outlook to a better goal. Based on the revised projection, XRP is getting ready to rally above $18, a degree that may symbolize a staggering 369% surge from its present all-time excessive of about $3.84
Up to date XRP Value Forecast Eyes Breakout Above $16
Crypto market analyst ChartNerd has up to date his XRP worth outlook from a earlier evaluation, reinforcing his bullish stance whereas outlining two potential market eventualities. He described the construction in his chart evaluation as a Staircase to Valhalla, implying that XRP might transfer by way of distinct phases towards a better valuation above $18, somewhat than experiencing a single explosive surge.
In his put up 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 larger.
Based on the analyst’s chart, State of affairs 1, which exhibits XRP already shifting above the Vertical Accumulation Help space, stays the extra bullish end result and at the moment has the benefit. Nonetheless, 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 will be validated.
Notably, ChartNerd outlines a last “Markup” section with a bullish goal 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 state of affairs, which presents a extra bearish path for XRP. On this case, the cryptocurrency might dip beneath $1.5 from its present worth 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 the moment at help and prompt {that a} break above $2.20 might open the door to additional upside.
Analyst Says 2026 Will Be A Landmark 12 months For XRP
In a latest put up, ChartNerd shared a chart highlighting a historic construction that carefully mirrors XRP’s worth conduct in 2016. Throughout that interval, XRP was quietly constructing momentum that ultimately fueled its bullish surge in January 2018.
ChartNerd has prompt that if historical past repeats itself, 2026 might change into a landmark 12 months for XRP, probably setting new data and marking a significant milestone for the cryptocurrency. The analyst described the 2026 sample as an uncannily comparable formation, that includes the identical Double Prime formation and wick drop seen within the 2016 construction. Moreover, each timelines skilled a Stochastic Relative Power Index (SRSI) reset, reinforcing the skilled’s thesis that XRP might replicate its 2016 bullish pattern in 2026.
