Analyst Demonstrates Potential for XRP to Reach $13 Using 8-Year Trendline
XRP's Long-Term Potential: Analyst Papa has published an eight-year trendline chart projecting XRP could reach the $10–$13 range by 2026, based on historical price peaks from 2017 and 2021.
Key Price Levels: For the bullish outlook to hold, XRP needs to maintain weekly closes above $2.85–$3.20, with significant resistance at $4.50 and $6.50 that must be overcome to validate the long-term price target.
Historical Patterns: The analysis resonates with traders due to XRP's historical behavior of reacting to long-term trendlines, suggesting that the current price consolidation around $2.80 may precede a potential breakout.
Risks and Challenges: The bullish scenario is at risk if XRP fails to hold support near $2.50 or if breakouts lack strong volume confirmation, which could lead to further consolidation instead of upward movement.
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