A market technician has suggested that XRP could target a two-digit price if it repeats a historical trend of retesting a 12-year trendline.
For now, XRP is fighting to steady itself after a sharp pullback. It slipped to a low of $2.70 on Sept. 1 following a mid-July peak at $3.66. It has since recovered from the $2.70 low, climbing back above $3 as it now trades at $3.006. Notably, holding this level as solid support will decide if the recovery has real strength.
Meanwhile, for the bigger picture, a 12-year chart from trader Papa shows a massive rising channel that has guided XRP since 2013. The chart uses a logarithmic scale and includes parallel boundaries, a median line, and a 12-year trendline that connects every major top over the past decade.
XRP Price Action Around the 12-Year Trendline
The first notable point came in 2014, when XRP hit around $0.03 to $0.04. This peak lined up with the 12-year trendline, with XRP eventually collapsing after the resistance at this trendline.
Notably, the next major move arrived in late 2017 and early 2018. Specifically, XRP exploded to $3.3, briefly breaking above the 12-year trendline and reaching the upper part of a new channel before crashing back down.
Meanwhile, from 2018 through 2020, XRP settled into the lower half of the channel, mostly between $0.11 and $0.50. Another rally emerged in 2021, driving the price to $1.96 by April. Papa marked this top as another rejection along the curved trendline, repeating the same pattern as 2014 and 2018.
The market then cooled again, leaving XRP stuck around $0.21 to $0.70 for nearly two years. Interestingly, a new climb began in late 2024 on the back of the market-wide push following President Donald Trump’s victory. This allowed XRP to reclaim the $1, $2, and $3 levels before the recent pullback.
Today, XRP has crossed the channel’s median and now sits at $3, pushing closer to long-term resistance. Papa believes the next breakout could take XRP to levels above $22, where the channel top and the 12-year trendline intersect, before a correction sets in.
XRP Short-Term Opportunities
Meanwhile, other analysts see shorter-term opportunities. Community commentator XRPunkie highlights an inverse head and shoulders pattern that has formed after 280 days of sideways action since December. He expects a breakout that could lift XRP to between $5 and $8.
Further, market strategist Ali Martinez mentioned a descending triangle that has shaped trading since the $3.66 high in July. Data from his chart shows that XRP briefly tested $3.35 in August but hit resistance. Martinez believes that if the current recovery breaks through, XRP could aim for $3.60.
If $XRP breaks out of this descending triangle, the next target is $3.60. pic.twitter.com/KdRlXLbog0
— Ali (@ali_charts) September 9, 2025
Christopher Inks, CEO of TWC, described the drop to $2.70 in July as a spring that could trigger re-accumulation. He highlighted XRP’s recovery of its monthly pivot at $2.962 as encouraging, but stresses that the real test lies at $3.3825.
Inks argued that a decisive close above this level would flip the Fibonacci cluster between $3.35 and $3.43 into support, setting up a potential run toward $4.42.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
