XRP’s Multi-Year Triangle Breakout Signals $6–$10 Target

LiveBTCNews
XRP2,83%

XForceGlobal says XRP’s multi-year triangle breakout and $1.40–$1.50 support could lead to $6–$10 targets based on Elliott Wave analysis.

XRP is drawing renewed attention after Korean Elliott Wave analyst XForceGlobal shared a bullish technical outlook.

The analyst stated that XRP has completed key milestones and may be preparing for a new upward wave.

The focus remains on a multi-year triangle breakout that could set the stage for higher price targets.

XRP Completes Key Milestones After Full Retracement

XForceGlobal reported that XRP recently revisited its previous all-time high levels. After reaching those levels, the price completed a full retracement.

According to the analyst, this move confirms the end of a major corrective phase.

$XRP

It’s all coming together…

  1. Retest ATH ✅
  2. Retrace the entire range ✅
  3. $4, $5, $10+, next…? https://t.co/215KLwUH7h pic.twitter.com/qYem1jznfb

— XForceGlobal (@XForceGlobal) February 25, 2026

He stated that the retracement aligns with Elliott Wave principles. The structure suggests that XRP has reset its cycle. “It’s all coming together for $XRP,” he wrote on social media.

The analyst added that completing both the retest and retracement is a rare development.

These steps are often seen before a new impulsive wave begins. Market participants are now watching for confirmation of the next upward move.

Analyst Points to $1.40–$1.50 Support Before $5 Move

XForceGlobal shared a “before and after” chart analysis on social media. He stated that XRP is “almost there” and suggested many traders are unprepared.

The analyst expects the $1.40 to $1.50 range to hold with high conviction.

$XRP

Before and after.

We’re almost there, and people aren’t prepared!

Expecting $1.40-1.50 to hold with high conviction before we reach $5+ per #XRP. Understanding simple distribution behavior was the key to narrowing it down from the impulse idea to the Flat idea. pic.twitter.com/wjz56z3vlt

— XForceGlobal (@XForceGlobal) January 25, 2026

XRP’s Multi-Year Triangle Breakout Signals $6–$10 Target

He projected that this support zone could act as a base before XRP reaches $5 or higher.

According to the analyst, holding this range would confirm the current structure. He added that distribution behavior helped refine the outlook.

The analyst explained that simple distribution patterns shifted his view from an impulse wave to a flat structure.

This adjustment narrowed the expected path. He maintained that the broader setup remains constructive for higher levels.

**Related Reading: **Why Ripple Made XRPL Impossible to Control – even by Ripple

$6–$10 Targets Based on Elliott Wave Structure

Based on his wave count, XForceGlobal outlined potential price targets between $6 and $10 or higher.

These targets are tied to projected impulse waves in the current cycle. The analyst linked these projections to historical XRP price expansions.

He explained that prior XRP cycles showed strong percentage gains after extended consolidation.

The current structure resembles those earlier setups. “The next wave could extend toward the $6–$10 range,” he stated.

At the time of reporting, XRP continues to trade within a consolidation range. Traders are monitoring volume levels and support zones for confirmation. The broader crypto market trend may also influence XRP price direction.

The XRP multi-year triangle breakout remains central to the bullish thesis. Analysts continue to assess technical signals and wave patterns.

Market participants await further price confirmation to validate the projected targets.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Price Breakout Signal Appears: Symmetrical Triangle Critical Point Approaching, $2 Target May Come Into View

XRP price has recently rebounded by approximately 4%, approaching a breakout of a key technical pattern. The market is watching to see if it will break through the upper boundary of the symmetrical triangle, with a potential target price of $2.06. Although the growth in stablecoin supply has boosted market sentiment, outflows of institutional funds warrant caution. The current trend still requires close monitoring.

GateNews28m ago

Analyst Predicts XRP Price Target of $10 Based on Russell 2000 Chart Similarity, Whales Accumulate 210M Tokens

XRP is showing an uncanny similarity to the Russell 2000 index's price action over a multi-year timeframe, according to analyst Austin, who suggests the token could follow the index's trajectory to $10 if the pattern holds.

CryptopulseElite1h ago

XRP Today News: XRP Whale Accumulates 210 Million Tokens, Market Compression Range Indicates a Major Move

XRP has been under continuous pressure this year, but large whales holding between 1 million and 100 million XRP have recently increased their holdings by approximately 210 million coins, indicating that major investors are quietly building positions during the downturn. On the technical side, XRP is forming a contracting wedge between the support at $1.30 and resistance at $1.50, suggesting a potential significant directional move. The low liquidity environment could both amplify gains and increase downside risks. Watching whether the $1.30 support can hold is crucial.

MarketWhisper3h ago

XRP holders face a risk of losing $50 billion due to trading prices below $1.4

The current price of XRP is trading at $1.37, representing a 63% decline from the multi-year high of $3.66 reached in July 2025. This means that many XRP holders are experiencing significant unrealized losses, highlighting the risks that the cryptocurrency market presents in the context of

TapChiBitcoin5h ago

Yesterday, the US XRP spot ETF experienced a total net outflow of $18,107,000.

According to SoSoValue data, on March 9th, XRP spot ETF experienced a net outflow of $18.107 million. Among them, Grayscale XRP Trust ETF had a net outflow of $5.8607 million, Franklin XRP ETF had a net outflow of $4.4572 million, and the total net asset value was $971 million.

GateNews6h ago
Comment
0/400
No comments