[DigitalToday reporter Yoonseo Lee] XRP is maintaining a large reversal pattern on the weekly chart, raising the possibility it could rise to $10 within the next 11 months.
The Crypto Basic, a blockchain outlet, reported on Monday that keeping the $1.10 support level in the current zone and then breaking a downtrend line near $1.30 are seen as key to a short-term recovery.
XRP showed an early-week upward move but turned weak again. It fell about 2 percent over the past 24 hours and about 9 percent over the week, slipping from an intrawEEK high of $1.16 to $1.11. Still, some analysis says the medium- to long-term bullish scenario has not yet been damaged on the chart.
The structure drawing attention on the weekly chart is a large rounding bottom. XRP has moved along the first half of this U-shaped pattern after its all-time high of $3.66 in July 2025, forming lower highs and lows. A rounding bottom is classified as a long-term reversal pattern in which a trend shifts from bearish to bullish. It is a structure in which selling pressure is exhausted after the price falls into a bottom zone, and then buying interest gains strength, filling the curve and leading to an upside breakout.
XRP is currently around $1.10, the bottom zone of this pattern. This price area also overlaps with a zone that repeatedly acted as resistance in the 2021 cycle. Since XRP broke above this zone in November 2024, the key now is whether the same price level can act as support.
Overhead, a downtrend line that has blocked rebound attempts since July 2025 remains a burden. XRP has made a lower high and retreated again each time it touched this resistance line. In this 흐름, the first condition for a recovery is to move above the trendline near $1.30, which would require a gain of about 17 percent from the current price.
If XRP breaks this resistance line and keeps upward momentum, it could rebound further toward the top of the rounding bottom. In that case, analysis says there is room for a rise of about 206 percent to $3.40, cited as neckline resistance for the pattern. If it then succeeds in breaking higher, a stronger rally phase could open. The analysis says that since the rise from the $1.10 bottom to the $3.40 neckline is about 201 percent, if a similar move follows once more after a breakout, the target price would be set around $10.
The timing of reaching $10 is not confirmed. Expectations are growing in the market that such a move could appear within the next 11 months, corresponding to June 2027, but the scenario remains highly speculative. The analysis also set the condition that a broader recovery attempt across the cryptocurrency market must accompany it.
The regulatory environment was also cited as a variable. It said that bullish catalysts such as passage of the Clarity Act in the U.S. Senate could support XRP's rise. As a result, the near-term focus for XRP narrows to holding the $1.10 support level and whether it can break above $1.30. It said that only by clearing this zone can a recovery to $3.40 and the $10 scenario move on to the next stage.