Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
XRP Eyes $13 as Massive 2-Month Triangle Nears Critical Breakout

XRP Eyes $13 as Massive 2-Month Triangle Nears Critical Breakout

CryptonewslandCryptonewsland2026/06/22 06:09
By:Cryptonewsland
  • XRP’s two-month chart shows a massive ascending triangle with point E in focus.
  • Bulls must reclaim $2.10 before higher Fibonacci targets become active.
  • Analysts see $13 as the first major target after confirmation.

Ripple’s XRP holders have plenty to watch right now. While short-term swings continue grabbing headlines, a much larger pattern has quietly developed on the two-month chart. Some analysts believe the current setup could determine the next major trend. A huge ascending triangle and an A-B-C-D-E structure have emerged over several years, and the market may be approaching a critical stage. If history repeats, the next few months could decide whether XRP enters a fresh expansion phase or remains trapped inside a lengthy consolidation.

#XRP – 2-Month Chart: E Is The Battlefield ⚔️:

This chart is not about noise. This is the 2-Month Time Frame, and it is showing a massive macro structure.

👉The pattern is clear: Ascending Triangle + A-B-C-D-E structure

We already have:
A ✅
B ✅
C ✅
D ✅

👉Now the question… pic.twitter.com/7ImDzoPhFo

— EGRAG CRYPTO (@egragcrypto) June 19, 2026

XRP Faces a Crucial Test Inside a Massive Triangle

The latest two-month chart shows a clear ascending triangle, along with an A-B-C-D-E pattern that many traders follow closely. According to this view, point E has become the main battlefield. Analysts believe this phase may represent the final macro bottom before a larger breakout occurs. Previous cycles have shown a rhythm of roughly 425 days, or seven candles, between major bottoms.

That pattern places the next two-month candle inside a possible bottoming window. Such timing has sparked fresh interest among long-term investors who believe another major move could be approaching. Despite growing optimism, analysts continue stressing that no price targets become active without confirmation. The first challenge involves holding the rising macro support line. Maintaining that structure keeps the broader bullish thesis alive.

XRP Eyes $13 as Massive 2-Month Triangle Nears Critical Breakout image 0

XRP also needs to reclaim the seven-week moving average and the 11 EMA. Those indicators have acted as important trend signals during previous cycles. Beyond that, buyers must overcome heavy resistance around $2.00 to $2.10. Many traders view that zone as the breakout gate because sellers have repeatedly defended those levels. A clean breakout accompanied by strong momentum would provide stronger evidence that a larger trend reversal has begun.

Why Analysts Continue Watching the $13 Target

Once XRP clears major resistance and confirms a breakout, larger Fibonacci targets begin entering the conversation. Current projections point toward a target range between $9.50 and $17.23. Within that zone, analysts have highlighted $13 as the most important objective. That level represents the first major destination after a successful breakout and could become a key area for price discovery if momentum strengthens.

Longer-term projections stretch even higher. Some analysts see a possible extension toward $26.30 if bullish conditions remain favorable. More aggressive forecasts even point toward a potential $100 target. Such scenarios remain highly speculative and require exceptional market conditions. For now, traders remain focused on the present structure. Point E remains the battlefield, while the $2.00 to $2.10 area serves as the gate. A confirmed breakout above that range could open the door to much larger gains. Until then, patience and confirmation remain more important than predictions.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Technoprobe Started at Overweight by JPMorgan

Technoprobe Started at Overweight by JPMorgan

Dow Jones•2026/10/06 05:39

Our Pinterest Stock Pick Hasn't Worked. We're Dropping It. -- Barrons.com

By Jacob Sonenshine Pinterest is down about 42% since Barron's recommended the stock in June 2025. During that time the S&P 500 has gained 29%. Time to move on. The problem isn't that Pinterest doesn't have long-term growth potential. It's that it has repeatedly failed to sustain a super high growth rate, creating uncertainty. Our thesis was that revenue growth would hold strong and the company's artificial intelligence usage would enable it to match the right products and advertisements with users. The hope was that Pinterest, with its hundreds of millions of users and more than $4 billion of annual sales, would grow within a global digital ad market worth hundreds of billions, as it would increasingly monetize its users. It has grown -- but not consistently at a high rate. Pinterest will continue to grow, but the market's concern doesn't appear likely to subside soon; revenue growth often decelerates by several percentage points, which causes large selloffs in the shares. The root of the problem is that whenever growth slows, the market is left to wonder if the platform is beginning to lose its relevance. Users now have a crowded field of options for finding personal and household trinkets to buy. Maybe the growth story isn't as beautiful as investors had hoped years ago, when the stock was at record highs of close to $90. Consider second quarter earnings, which management released Aug. 4, and caused the stock to drop. Yes, sales of $1.18 billion beat analyst's expectations and grew about 18% year over year, and yes, adjusted earnings per share of 43 cents beat estimates and grew 30%, as profit margins expanded. But the guidance signaled slowing growth yet again. Management guided for third quarter revenue of $1.2 billion at the midpoint of the range. That implies 14% year over year growth. Chief Financial Officer Julia Donnelly said on the earnings call that second quarter growth was strong partly due to the combination of brands increasing their ad spend around Amazon Prime Day and "World Cup-related spend th

Dow Jones•2026/10/06 03:34