[DigitalToday reporter Yoonseo Lee] XRP has recently undergone a correction, but an analysis says long-term charts leave room for an upside from $3 to $17.

The Crypto Basic, a blockchain media outlet, reported on June 18 that market analyst Celal Kucuker (셀랄 쿠추케르) assessed that XRP still has mid- to long-term upside potential, citing its long-term monthly chart.

In a post on X, formerly Twitter, Celal wrote, "The $XRP chart looks absolutely beautiful," and argued that prices from $3 to $17 look achievable. The chart he presented focuses on XRP moving within a rising channel formed over years. He said that as long as this structure holds, the upside scenario remains alive even if there is a short-term correction.

In his analysis, the first pivot point is $3. Based on the current price, that would require a rise of about 160 percent. If it recovers $3, it would return to the level seen during the 2025 rally. The next target on the chart was set at $8, and finally $17. Both $8 and $17 would be above XRP's all-time high (ATH).

Market momentum remains negative. Based on CoinMarketCap data, XRP is trading at $1.14, down 3.45 percent over 24 hours. It is down 14.45 percent over the past month. It is down about 36 percent so far this year. That means the high volatility seen throughout 2026 continues to dominate price moves.

Long-term optimism is not limited to Celal. In April, Ali Martinez said a large ascending triangle pattern had formed on XRP's monthly chart, and suggested a long-term possibility of $13. He warned, however, that before a full-fledged rise, XRP could retest $0.90. He left room for downside along with the upside outlook.

Chart analyst ChartNerd also offered a similar view. ChartNerd said that ahead of the next big rise, XRP could go through a final correction down to the $0.70 to $1.00 range. ChartNerd also mentioned that a rare "bull trap" signal seen before strong XRP rallies in the past has returned.

Analyst Egrag Crypto also said XRP remains within a "long-term Bifrost Bridge" channel that has continued since 2014. The target range indicated by this analysis is $9 to $13. That is broadly similar to Ali Martinez's outlook.

Market participants share a common view that differences lie more in timing than direction. Opinions differ on when the next rise will begin and whether there will be further declines before then. Still, several analysts say XRP's mid- to long-term potential remains intact as long as its long-term structure holds. As a result, the key point to watch is whether the current upward trendline holds through the correction phase, before whether it recovers $3.

The $XRP chart looks absolutely beautiful. $3 $8 $17 The numbers look so achievable. pic.twitter.com/ErnLIA6RXm