XRP Price Target of Massive Multi-Year Accumulation Range

$XRP could repeat a bullish pattern on higher timeframes, potentially taking its price to $10, but may endure further downside from the current level.

$XRP continues to trade on top of a long-term ascending support trendline, according to an analysis from Black Swan Capitalist founder Versan Aljarrah. On multiple occasions, the asset’s price has repeatedly found support along this trendline before rebounding to higher prices.

In his X post, Aljarrah mentioned that the current correction closely resembles previous ones where eventually $XRP forms a bottom near the rising support. With the prospect of the coin retesting the support emerging, he highlighted an accumulation zone to watch where it would likely start rebounding to unprecedented prices.

A Critical $XRP Accumulation Zone Comes into Focus

An accompanying chart shows that the $XRP price has steadily declined from its all-time high of $3.66 in July 2025. It has recorded 8 red candles in the past 9 months and is on course for another huge decline in June.

Amid the downtrend, analysts have now turned their attention to where $XRP could find a durable bottom. According to Aljarrah, a multi-year accumulation range has now come into focus. The altcoin broke out from the zone in November 2024, after trending in it for four months.

After its July 2025 ATH, massive selling pressure kicked in, pushing $XRP back to retest key support levels. Aljarrah sees the coin finally finding support at the accumulation zone near the strong ascending support trendline.

He also noted that $XRP has been forming higher lows on both the weekly and monthly timeframes, as it continues to hold above the multi-year support trendline. Beyond the downtrend, he also sees a classic bullish breakout pattern forming, where $XRP is expected to rebound aggressively from the accumulation zone.

Aljarrah further sees trading volume rising as $XRP’s utility and adoption expand, aiding the rebound cause. Currently, the coin has returned to a major horizontal resistance level near $1.19.

Familiar Capitulation Targets $10

The chart shows a possible capitulation from $XRP’s recent peak in July 2025 to the accumulation zone near $0.50. This is a familiar pattern in previous cycles, each preceding a strong rebound higher.

For context, $XRP dropped 96.7% from the January 2018 high of $3.35 to the March 2020 low of $0.104, aligning with the ascending trendline. A similar scenario occurred when it crashed 85% from its April 2021 peak of $1.96 to $0.28 in June 2022.

Currently, $XRP is 55% away from the accumulation zone’s lower band at $0.55. Aljarrah noted that the longer this consolidation phase lasts, the stronger the expansion phase will be. This suggests he expects a massive rebound when $XRP finally bottoms from this prolonged downtrend.

The shared chart highlights the possibility of a rally towards $10, marking a new all-time high for $XRP. From the current market price of $1.12, this represents a 792% growth.

Nonetheless, this explosive move hinges on $XRP holding the ascending trendline if it revisits it. The bullish prospect will weaken if it closes below this support zone on higher timeframes.