XRP price targets fluctuate amid bullish technical patterns

Cryptocurrency analysts and AI models are providing varying technical outlooks for XRP. Veteran trader Peter Brandt has identified a potential cup-and-handle pattern on the daily chart, suggesting a measured price target of approximately $2.16. However, Brandt cautioned that significant overhead supply from previous holders could impede growth and noted that the pattern is not yet fully confirmed. He expressed a preference for the charts of Monero, Solana, and Ethereum over XRP.

Other technical analyses suggest immediate resistance levels near $1.6572. Some analysts observe that XRP has broken through multiple descending trendlines, signaling potential upward momentum toward the $2 mark. Meanwhile, Meta AI presented a highly improbable scenario where XRP could exceed $10 by 2026, contingent upon massive institutional FOMO and a major market catalyst.

On the network side, Ripple is looking to expand payment pilots via its ledger’s decentralized exchange. Additionally, the Clearpool ecosystem is preparing to migrate from Ethereum to the XRP Ledger, a move expected to increase network activity. Despite these developments, traders remain focused on key support levels around $1.45 to $1.50.