A crypto analyst who beforehand predicted that the XRP value might rise towards $16 has now up to date his outlook to a better goal. In line with the revised projection, XRP is getting ready to rally above $18, a stage that might symbolize a staggering 369% surge from its present all-time excessive of about $3.84
Up to date XRP Worth Forecast Eyes Breakout Above $16
Crypto market analyst ChartNerd has up to date his XRP value 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 might transfer by way of distinct phases towards a better valuation above $18, fairly than experiencing a single explosive surge.
In his submit on X, the professional 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 value and is now serving as the bottom layer for a possible continuation larger.
In line with the analyst’s chart, Situation 1, which reveals XRP already transferring above the Vertical Accumulation Help space, stays the extra bullish final result and at the moment 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 value rally may be validated.
Notably, ChartNerd outlines a closing “Markup” section with a bullish goal of $18-$22 for XRP. This projection displays a steep growth 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 might dip beneath $1.5 from its present value 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 assist and advised {that a} break above $2.20 might open the door to additional upside.
Analyst Says 2026 Will Be A Landmark Yr For XRP
In a latest submit, ChartNerd shared a chart highlighting a historic construction that carefully mirrors XRP’s value conduct in 2016. Throughout that interval, XRP was quietly constructing momentum that finally fueled its bullish surge in January 2018.
ChartNerd has advised that if historical past repeats itself, 2026 might turn into a landmark yr 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 High formation and wick drop seen within the 2016 construction. Moreover, each timelines skilled a Stochastic Relative Energy Index (SRSI) reset, reinforcing the professional’s thesis that XRP might replicate its 2016 bullish pattern in 2026.
