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. According to the revised projection, XRP is getting ready to rally above $18, a stage that may symbolize a staggering 369% surge from its current all-time high of about $3.84
Updated XRP Price 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 eventualities. He described the construction in his chart evaluation as a Staircase to Valhalla, implying that XRP may transfer via distinct phases towards a better valuation above $18, somewhat than experiencing a single explosive surge.
In his publish on X, the professional said that XRP is reacting positively from a key Vertical Accumulation Support 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.
According to the analyst’s chart, Scenario 1, which reveals XRP already transferring above the Vertical Accumulation Support space, stays the extra bullish consequence and presently has the benefit. However, 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 ultimate “Markup” part 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 state of affairs, which presents a extra bearish path for XRP. In this case, the cryptocurrency may dip beneath $1.5 from its present price above $2 earlier than trying to method the vertical accumulation resistance once more. In the close to time period, he agreed that XRP is presently at help and recommended {that a} break above $2.20 may open the door to additional upside.
Analyst Says 2026 Will Be A Landmark Year For XRP
In a current publish, ChartNerd shared a chart highlighting a historic construction that carefully mirrors XRP’s price behavior in 2016. During that interval, XRP was quietly constructing momentum that finally fueled its bullish surge in January 2018.
ChartNerd has recommended that if historical past repeats itself, 2026 may grow to be a landmark year for XRP, doubtlessly setting new data and marking a serious 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. Additionally, each timelines skilled a Stochastic Relative Strength Index (SRSI) reset, reinforcing the professional’s thesis that XRP may replicate its 2016 bullish pattern in 2026.
