HomeCrypto NewsMarketAnalysts Says XRP May First Retest $1.95, But Eyes $10 Target

Analysts Says XRP May First Retest $1.95, But Eyes $10 Target

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XRP is showing signs of a potential major rally, with analysts highlighting a multi-year chart structure that could push the token toward $10. 

The cryptocurrency is currently trading at $2.25, up 1% in the past day and narrowing its weekly loss to 11.5%. Technical observers note a key retest at $1.955, a level that previously acted as resistance before XRP broke higher in earlier cycles.

Analyst Cryptollica shared a chart on X, showing a long-term pattern that suggests a return to the $1.955 support zone may set the stage for a continuation move toward $10. 

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Chart Nerd later amplified the setup, prompting discussions on XRP’s potential next leg up. Interestingly, Ali Martinez earlier projected a similar setup, forecasting a possible dip to $1.90 before the token resumes its uptrend, reflecting over 10 months of consolidation.

XRP Surge Historical Context

Cryptollica’s historical chart shows that XRP’s 2014–2018 cycle followed a four-part structure. The first phase, from 2014 to 2017, was characterized by a long-term upward trend through 2015, followed by consolidation, while XRP moved within a rising channel, steadily forming higher lows.

This period of measured consolidation continued until March 2017, paving the way for Phase 2, which saw a strong breakout to $0.07 from $0.0042.

Phase 2 quickly gave way to Phase 3 in May 2017. During this stage, XRP experienced a sharp climb, peaking at $0.3988 before entering a consolidation period that lasted from May to November 2017.

The conclusion of this consolidation marked the start of Phase 4, during which the price surged to an all-time high of $3.84 in 2018.

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The XRP Cycle is Repeating

Analysts see a similar structure forming in the 2018–2025 cycle. The first phase began with XRP down to $0.1140 in March 2020 after its peak in 2018. XRP rebounded with higher lows as it consolidated between $0.1 and $0.7.

The pattern persisted until November 2024, when XRP broke above the $0.50 level, surging to $2, signaling the start of Phase 2. The uptrend continued until $3.40 in January 2025, marking stage 3, before retreating to around $2, entering a period of sideways consolidation. 

Analysts now view this ongoing consolidation as the final stage of Phase 3, setting the stage for the concluding phase. Looking ahead to Phase 4, Cryptollica expects XRP to experience a renewed upward push similar to the surge from late 2017 to early 2018 if it retreats to $1.955.

According to the analyst, this move could drive prices to $10, representing a roughly 412% gain from the support level. For context, the Phase 4 rally in 2017/2018 produced a dramatic 1,642% increase. Interestingly, he has been consistent on this prediction based on this price pattern

Egrag Crypto Sees XRP at $10  

Market analyst EGRAG has also highlighted that the token is currently at the base of a descending triangle, drawing comparisons to similar patterns in 2017 and 2021. 

Based on this setup, he projected potential gains of 306% to 1,404%, implying a price range of $10 to $37. EGRAG also noted that XRP has historically staged significant moves within four to six weeks following such patterns.

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.

Author

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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