XRP Targets $11: Buy Signal Emerges

What to Know:

• A market analyst sees XRP forming a long-term pattern similar to past cycles, potentially leading to a major bull run.
• Extended consolidation periods may lead to a powerful breakout once momentum returns.
• The analyst projects XRP could reach $11 in the next impulse, with even larger upside if history repeats, though timelines remain uncertain.

XRP is potentially coiling up for a significant price movement if historical patterns continue to hold. One market analyst recently shared a bullish perspective, anticipating a climb into the double-digit range. This outlook suggests a possible 6x price increase, even as XRP continues to trade weakly around the $0.50 level.

XRP’s Familiar Pattern on the Weekly Chart

According to crypto influencer CryptoBull, XRP’s current market structure closely mirrors its behavior before previous bull runs. The main difference this time, he notes, is the extended period of consolidation, which could set the stage for much higher prices once bullish momentum returns.

Analyzing the weekly XRP chart, the price action reveals a prolonged period of sideways movement following an initial breakout. CryptoBull’s analysis references price patterns from 2017 to the present, spanning nine years.

Similar consolidation zones appeared in earlier cycles from 2013 to 2017 before XRP experienced sharp impulse moves that ultimately led to its all-time high in 2018.

CryptoBull emphasizes that XRP previously spent considerable time ranging below major resistance levels before breaking out aggressively. In the current cycle, this accumulation phase has been even longer, hinting at stronger price compression. From an institutional perspective, prolonged consolidation often precedes significant expansion when resistance is eventually broken.

$11 as the Initial Target

Based on this observed pattern, CryptoBull anticipates that the next impulse wave could propel XRP toward $11. This target aligns with previous expansion ranges seen in earlier bull markets, adjusted for the larger accumulation base XRP has formed over time. For XRP to reach $11, its price would need to increase nearly 6x, resulting in a market capitalization exceeding $660 billion.

A Final Wave Toward $70?

CryptoBull speculates that a final wave could eventually push XRP as high as $70 if the historical pattern fully repeats. This price level would give XRP a market cap of over $4.2 trillion.

Such targets are speculative, but the argument rests on the idea that longer accumulation phases tend to support higher price ceilings. While this is possible, it is important to remember that past performance does not guarantee future results.

Timing the Potential Move

Currently, XRP remains range-bound on higher timeframes. However, analysts believe that the foundation for the next significant move is steadily building. This long consolidation could be setting the stage for a large move, but the timing remains uncertain.

When asked about the timeline for XRP to reach its final wave, CryptoBull suggested that it could take over a year of accumulation for XRP to reach the $10 level. Reaching $70 could take considerably longer.

Considering it takes over a year of accumulation to get to $10+ it will take probably some time to get to the last wave.

— CryptoBull (@CryptoBull2020) January 23, 2026

While history often rhymes, it rarely repeats exactly. Investors should approach these targets with caution.

Related: XRP Price Target: Analyst Forecasts Bullish Signal

Source: Original article