XRP Holds Near $1.39 as Long-Term Target Debate Returns

Tech

XRP Holds Near $1.39 as Long-Term Target Debate Returns

• XRP chart shows a multi-year triangle structure with potential targets near $27 and $48 by 2030.
• XRP trades near $1.39 as analysts debate whether breakout signals a true expansion phase.
• XRP market cap reaches $85.26B with $2.96B daily volume despite a 24-hour price drop.

XRP is drawing renewed attention among market observers after a long-term technical chart circulating on social media outlined a potential breakout scenario extending toward the end of the decade.

The chart, shared by analyst Ali Charts, highlights a multi-year triangular structure on XRPs monthly timeframe, suggesting a major expansion phase if key resistance levels are breached. The projection arrives as XRP continues to trade near the mid-$1 range, with recent market data showing relatively stable activity despite short-term price fluctuations.

Long-Term Chart Highlights Multi-Year Consolidation

The chart shows a rising support line extending from earlier market lows into the late 2020s. According to the chart, XRP has been building a broad ascending structure since reaching a cycle bottom near $0.11, with the asset forming progressively higher lows over several years.

Within this structure, several intermediate levels are identified as support and resistance zones. These include $0.90, $1.38, and $1.60, which appear to mark areas where price has previously paused or reversed during consolidation phases.

A more prominent resistance level is shown around $3.32, a price area that aligns closely with XRPs historical peak recorded during the 2017–2018 cryptocurrency market cycle.

Projected extensions show possible future price levels near $27.17 and $48.12 by 2030, assuming the ascending trend structure continues, and bullish momentum persists.

Analysts React as XRP Holds Near $1.39

Following the charts circulation, crypto analyst CryptoWave commented on the ongoing market discussion, noting that XRP continues to trade around $1.30–$1.40 after what some observers described as a breakout from the multi-year triangle earlier in the current market cycle.

The analyst pointed out that higher long-term targets are once again appearing in market conversations as sentiment shifts, raising questions about whether the market is entering a sustained expansion phase or whether current positioning reflects renewed narrative-driven speculation.

Market Data Shows Active Trading Despite Price Dip

At the time of writing, XRP was trading at $1.39, down 1.41% over the past 24 hours. In addition, the capitalization of about $85.26 billion and 24-hour trading volume of $2.96 billion, representing a 12.52% increase in volume over the same period.

Supply data indicates a circulating supply of approximately 61.22 billion XRP, out of a maximum supply of 100 billion tokens.