Despite its lackluster price performance, XRP continues to hold near its 2021 peak, which analysts view as a critical long-term battleground.
This defense could form the foundation for a much larger move, potentially setting the stage for an explosive rally in 2026.
Key Points
- XRP holds above its 2021 highs, defending a key long-term support zone that could fuel a rally.
- A multi-year symmetrical triangle breakout points to long-term upside, with targets of $8–$27.
- An analyst notes a Triple Bottom within a larger consolidation, signaling strong buyer support.
- XRP must stay above key support to maintain bullish outlook; a drop below could hit $0.50.
Why the 2021 Highs Matter
Notably, the XRP 2021 high rests around the $1.90–$2 region. This level acted as a major resistance for years, but XRP has now turned it into long-term support. According to analyst ChartNerd, as long as the price remains above this zone, the bullish structure stays intact.
Technically, holding above previous cycle highs suggests the market may have entered a new phase, where deeper corrections are less likely and upside momentum gradually builds.
XRP Multi-Year Symmetrical Triangle Breakout
At the center of the bullish thesis is a multi-year symmetrical triangle forming since XRP’s previous cycle. This structure reflects years of price compression, with lower highs meeting higher lows.
ChartNerd’s analysis indicates that XRP has already broken out of this triangle to the upside. Long-term breakouts like this can lead to strong, extended moves. Using Fibonacci extension levels from the broader structure, ChartNerd outlines several long-term upside targets:
- Around $8 at the 1.272 extension
- Near $13 at the 1.414 extension
- An aggressive target near $27 at the 1.618 extension
These are long-term technical projections, not short-term predictions.
2026 Could Be a Breakout Year
ChartNerd suggests 2026 could be a breakout year, with XRP potentially reaching a new all-time high. However, if XRP falls below its 13-month support, the bullish outlook would be invalid.
For now, remaining above the 2021 highs keeps the long-term bullish case alive, pointing to a potential major move toward 2026. Several other market watchers also offer bullish projections for XRP based on different technical structures.
XRP Forms “Pattern Within a Pattern” with Triple Bottom
Analyst EGRAG recently highlighted a “pattern within a pattern” as a bullish formation for XRP, alongside a Triple Bottom. This classic reversal pattern indicates buyer strength and sets up a potential breakout.
The Triple Bottom sits within a larger consolidation, reinforced by long-term moving averages and rising channels. Using Fibonacci analysis, EGRAG projects targets at $9.28 and $31.65—implying 5–17x gains from the current $1.89, possibly between 2026–2027.
Like ChartNerd, EGRAG notes that the bullish case holds as long as XRP remains above its key support. However, some analysts, such as The Great Martis, warn that breaking this support could trigger a gradual drop toward $0.50.
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