- Analyst sees $60 if XRP confirms a monthly breakout above the decade-long $3.66 resistance level.
- Celal Kucuker targets $2.30, while Javon Marks projects $3.50 before larger targets of $15 and above.
- XRP holds above $1.39 support and the 50-day MA, while $1.35 and $1.23 mark deeper support levels.
XRP price targets now range from $2.30 to $60, based on separate technical setups shared by Ali Charts, Celal Kucuker and Javon Marks. XRP trades near $1.408 after rebounding from about $1.05 on Aug. 21 and briefly reaching $1.57-$1.58. The forecasts depend on key resistance levels, breakout patterns and current support around $1.39.
Ali Charts Sets XRP Target at $60
Ali Charts identified a massive ascending triangle that has formed on XRP’s monthly chart. The pattern has developed over nearly a decade, according to his analysis. The $3.66 level remains the main resistance for this setup.
Ali Charts said a monthly close above $3.66 would confirm the breakout. He then placed the technical target near $60. That target depends on XRP breaking above the long-term resistance level.
XRP Holds Above the 50-Day Moving Average
XRP currently trades around $1.408, above the 50-day moving average near $1.39. It also remains above the 200-day moving average near $1.23. From March through May, XRP moved mostly between $1.30 and $1.50.
Selling pressure increased in June, eventually pushing XRP toward $1.00-$1.05 during August. The major reversal came Aug. 21, when XRP climbed from near $1.05 to above $1.45.
The move later reached approximately $1.57-$1.58 before the price pulled back. Since then, XRP has held between roughly $1.35 and $1.45. A move above $1.45-$1.51 could bring the recent $1.57-$1.58 high back into focus.
Marks Sees $3.50 Before Larger Targets
Celal Kucuker pointed to $2.30 as a nearer XRP target. He said multiple formations and technical setups point toward that level. Javon Marks identified another possible move toward $3.50.
He said XRP gained nearly 55% after the breakout he previously identified. Marks expects another move of almost 140% toward $3.50 if the breakout continues holding. He also cited larger targets of $15 and above.
Meanwhile, Daily Active Addresses reached nearly 938,000 during the breakout. The metric has since fallen to about 93,500, while total holders reached approximately 8.1 million. If XRP loses $1.39, the next support is near $1.35. The 200-day moving average around $1.23 provides another major support level.
