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Veteran Analyst Shares XRP Conservative Bull Target After Final Shakeout

thecryptobasic.com 20 March 2026 13:40, UTC

Analytics

A veteran market watcher is pointing to a critical support level for $XRP as the asset navigates what could be its final correction phase before a large breakout.

Tara, a long-time Bitcoin and $XRP analyst active since 2015, says she is closely watching the $1.47 region. She describes it as a key macro level that could determine the next major move.

Key Points

$XRP tests key $1.47 support, with analyst Tara calling it a “textbook” level that could mark the end of its correction phase.
Some analysts warn of a deeper shakeout, with downside targets between $0.70 and $0.93 still in play before a rally.
Despite short-term risks, Tara sets a conservative $9 target, implying over 6x upside from current price levels.
Long-term outlook stays mixed as $XRP lags its $3.84 ATH, with recovery tied closely to market and Bitcoin strength.

$XRP Macro Support

According to Tara, $XRP is testing an important support level around $1.47. This level is significant because it aligns with a key Fibonacci retracement (0.618), which traders often monitor.

She described this as a “textbook” support area, suggesting that holding above it could imply the correction is nearing completion. This support also fits into the broader sideways pattern $XRP has been moving within for months.

Short-term charts show $XRP pulling back after a push toward the $1.60 range, with the price now hovering just below $1.50. This places the asset right on top of the support zone Tara highlighted.

“Final Shakeout”

Tara’s outlook comes as other analysts warn that $XRP may still face a deeper shakeout before a sustained rally begins.

Recent analysis from market commentator ChartNerd suggests $XRP could revisit the $0.70–$0.80 range as part of a broader “triangle crossroads” formation.

This aligns with earlier discussions from analysts like Casi Trades, who identified potential accumulation zones between $0.87 and $0.93. Meanwhile, both Casi and Tara expressed doubt that $XRP would necessarily revisit those lower levels.

Conservative Target: $9 and Beyond

Despite near-term uncertainty, Tara remains firmly bullish on $XRP’s long-term trajectory. Responding to concerns from a community member about a possible drop to $0.87, she emphasized that any bottoming phase could present a significant opportunity.

Specifically, she pointed to $9 as a conservative upside target, representing over 6x gains from current levels.

Her projection echoes a growing sentiment among some analysts that $XRP’s long-term potential is being underestimated. In previous discussions, Tara and Casi argued that expectations around $6 may be too modest, especially considering the asset’s nearly decade-long development cycle.

After $XRP bottoms, we’re looking at targets as high as $9 conservatively.. definitely incredible buying opportunities while it’s this low!

— TARA (@PrecisionTrade3) March 18, 2026

Long-Term Outlook Still Unclear

Some commentators argue that prices below $10 remain undervalued, citing the scale of global payments infrastructure and the increasing push toward faster settlement systems. Supporters believe blockchain-based assets like $XRP could benefit significantly from this shift.

At the same time, skepticism remains around timing. While bullish projections continue to rise, many investors note that $XRP has spent years below its 2018 all-time high of $3.84, testing the patience of long-term holders.

At this point, no one knows for sure whether the next move will be another dip or the start of a larger rally. Ultimately, $XRP’s direction will depend on the overall market recovery from the ongoing bear phase, especially Bitcoin’s rebound.