XRP [Photo: Shutterstock]

Technical analysis has emerged suggesting XRP could rise to $13 over the long term. It also raised the possibility that, before the next sustained upswing, it could fall to around $0.9 to build a base.

On April 27, blockchain outlet The Crypto Basic reported that analyst Ali Martinez presented the scenario based on a large ascending triangle formed over years on XRP's monthly chart.

Martinez said XRP has long formed both an upward trend line and a resistance zone near a previous high. If that structure holds, the long-term breakout target is around $13. XRP is currently trading at about $1.4, and its return over the past month was tallied at about 5 percent.

But the short-term move was not explained by optimism alone. Martinez said XRP could fall to the $0.9 area before entering a sustained rally. He viewed that level as a potential bottom for the next upward wave. He judged that levels below $1 could act as strong support.

On the upside, $2 and $3.32 were presented as key resistance levels. Even so, Martinez's chart suggests that strong momentum could push XRP through those resistance zones and set a new high in double-digit territory. At current prices, $13 implies upside of more than ninefold.

Other XRP market participants also mentioned a similar direction. ChartNerd said Martinez's analysis "makes logical sense" for XRP's path. ChartNerd has repeatedly argued that XRP could fall to a $0.7 to $1 range before the next major rise.

In a separate analysis, ChartNerd also presented a signal for a bullish shift in XRP. He said a rare signal known as the 'Bull Switch' has appeared again. He said the signal has been confirmed only three times in 13 years, each followed by major rallies in 2017, 2021 and 2025. He also stressed it is a pattern that tends to appear when momentum shifts from bearish to bullish after a long period of sideways movement.

The recent rebound after XRP fell from $3.66 to $1.11 also lent weight to that interpretation. ChartNerd said the signal suggests a new uptrend and the possibility of further breakouts. But he did not present a separate short-term price target based on that observation alone.

Separately, analyst EGRAG said XRP remains within a long-term 'Bifrost Bridge' channel that has continued since 2014. He added that despite the recent decline, the long-term uptrend remains intact, and he maintained his earlier view that XRP could reach $13. As long-term targets are increasingly being presented, the market is likely to first test support around $0.9 and whether XRP can break through resistance at $2 and $3.32.

A multi-year triangle on $XRP points to $0.90 as a potential bottom for the bear market and $13 as a target for the next bull run. pic.twitter.com/hivhREjZIO

Keyword

#XRP #Ali Martinez #ChartNerd #EGRAG #Bifrost Bridge
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