XRP technical patterns hint at possible 250% price surge
Analysts note that XRP has formed a falling‑wedge pattern, similar to one that preceded a rapid rise from $0.50 to above $1.50 in early 2024. Combined with a cup‑and‑handle structure, the setup could propel the token toward $1.50, $3.66 and even $14.10 if the price clears key levels around $0.90‑$0.95. Traders see the $0.95–$1.00 range as a psychological barrier; a break above could trigger momentum buying, while a break below would invalidate the patterns and expose downside toward $0.48.
At the same time, the token has fallen 71% from its four‑year cycle peak and is trading near $1.12. Recent monthly losses – 10.6% in January, 16.2% in February and 15.7% in the first week of June – have pushed XRP into oversold territory. Technical indicator RSI shows positive divergence, suggesting a short‑term rebound is possible, but analysts caution that the broader market structure remains bearish and a further 50% drop by the end of 2026 cannot be ruled out.