[DigitalToday reporter Yoonseo Lee] An analysis said XRP could rise to $10 if it holds its long-term uptrend line. It also forecast that further declines at current levels could lead XRP to again test a long-term accumulation range around $0.50 to $0.55.

The Crypto Basic, a blockchain outlet, reported on June 19 that Versan Aljarrah, founder of Black Swan Capitalist, analysed that XRP may repeat a long-term pattern similar to the past after a pullback from its peak.

The key is that XRP is still trading above a long-term rising support line that has repeatedly served as a starting point for rebounds. In a post on X, formerly Twitter, Aljarrah said the current correction is very similar to past cases. He said it resembles the pattern in which XRP formed a bottom near the rising support line and then rebounded. He added that investors should watch the "accumulation range" as the likelihood of a retest of the support line increases.

On the chart, XRP has fallen steadily since hitting an all-time high of $3.66 in July 2025. Eight of the last nine months were down months, and a possibility was raised that a sharp decline could continue in June as well. Market focus is shifting from the size of any additional drop to where a meaningful bottom forms.

Aljarrah said the multi-year accumulation range has become important again. XRP broke above that range in November 2024. At the time, it moved within the range for four months. After forming a peak in July 2025, heavy selling pressure flowed in and the market returned to a phase of retesting key support lines. He said XRP may ultimately find support in the accumulation range near a strong rising support line.

On weekly and monthly charts, the pattern of gradually higher lows is also being maintained. Aljarrah said that as long as XRP stays above its multi-year support trendline, a typical bullish breakout pattern could form in which a strong rebound emerges from the accumulation range. Trading volume could also rise as XRP's utility and adoption expand, and that was presented as a factor supporting a rebound.

XRP has now moved back below a key horizontal resistance line near $1.19. The shared chart also showed the possibility of capitulation selling from the July 2025 peak down to the accumulation range around $0.50. Aljarrah said a similar pattern appeared in the previous cycle, followed by a strong rebound.

Past cases were also cited. XRP fell 96.7 percent from a January 2018 peak of $3.35 to a March 2020 low of $0.104, and it also coincided with an uptrend line. A similar pattern appeared after it plunged 85 percent from an April 2021 peak of $1.96 to $0.28 in June 2022.

The current price is 55 percent above $0.55, the lower end of the accumulation range. Aljarrah said, "The longer this consolidation lasts, the stronger the subsequent expansion phase will be." The chart set a target price of $10. That would imply upside of about 792 percent from the current market price of $1.12, by his calculation.

But this scenario assumes XRP holds the long-term rising trendline even if it retests it. If it closes below that support in the high-chart range, the bullish scenario presented could weaken. More important than the price target, the analysis said, will be whether XRP holds support in the $0.50 to $0.55 range and whether the weekly and monthly uptrend structure remains intact above it.

XRP has been in a massive multi-year accumulation range. Higher lows on the weekly and monthly charts. Classic bullish breakout patterns forming. Volume rising as real utility expands. The longer this consolidation lasts, the stronger and more explosive the breakout will be. pic.twitter.com/iu1tTrk9m9