An analysis said XRP could rise in stages from $6.5 to as high as $60 if it maintains a large triangle pattern.

On June 18, blockchain media outlet The Crypto Basic reported that market analyst Egrag Crypto presented three upside target ranges based on a so-called “yellow triangle” on XRP’s two-week chart.

The analysis focuses on dividing scenarios by applying past gains to the current structure rather than simple optimism. XRP rose to $1.29 earlier this week but failed to break above that level, and recently slid to $1.14. It is down 11 percent so far this month.

Egrag Crypto said XRP posted sharp gains in two major market cycles when it held the lower end of this triangle and entered an expansion phase. It rose about 8,000 percent in the first cycle and about 1,900 percent in the next. For the current cycle, he presented a more conservative scenario of about a 909 percent rise.

The most aggressive scenario assumes the early surge seen in the past repeats as it did before. In that case, calculations show XRP could rise to about $60 from the triangle’s lower boundary. Egrag Crypto said this target is not his main outlook. He said the $60 level cannot be ruled out, but it is the most aggressive of the targets presented and the least likely.

A relatively realistic scenario put the target at $13. This applies the roughly 1,900 percent rise seen in the previous market cycle to the current chart’s baseline. Egrag Crypto cited the cryptocurrency market’s greater maturity compared with XRP’s early phase and said $13 is the most balanced target in macro terms.

The conservative outlook is $6.5. He said a roughly 909 percent rise could lift XRP to around $6.5 and explained that this level falls within a key Fibonacci extension zone. He also said that even applying only a conservative macro rise leaves room for XRP to reach $6.50 to $9.27, or higher.

He also presented a $15.36 to $31.75 range in a stronger Fibonacci extension zone. The analyst stressed that the probability of being reached falls as targets rise. He also noted that the chart does not point to a single destination, but shows a range of possible outcomes.

The key is confirming the chart structure. Egrag Crypto said targets do not hold on investors’ expectations alone. He said XRP must continue to hold the lower boundary of the yellow triangle and must not lose key macro support lines to enter the scenario. He added that it must break upward out of the triangle pattern, regain key Fibonacci levels, turn existing resistance lines into support, and move into an expansion phase accompanied by strong trading volume and buying pressure.

As a result, the $6.5, $13 and $60 levels presented are price paths that hold only if the structure is confirmed. The analysis concluded that without a confirmed breakout the targets remain forecasts, while a breakout could turn them into realistic scenarios based on past patterns and chart probabilities.

#XRP - The Big Yellow Triangle & The Probability Map ( $6.5, $13 and $60) This chart is not about daily noise. It is about the big yellow triangle, the historical pumps from the lower end of the structure, and what probability says about the next projected cycle top. We… pic.twitter.com/UCRJSmMZG6