XRP to Rally 60,000%? Analyst Says Nobody Is Ready for What XRP Could Do Next
Crypto analyst Danny believes XRP is following the same long-term technical structure that preceded its historic rally in 2017, stating that the asset may be approaching another major expansion if a key support level continues to hold.
In his recent market commentary, Danny presented a monthly XRP chart comparing the current cycle with the one that led to XRP’s explosive gains several years ago.
According to the analyst, the similarities between the two periods suggest that XRP could be preparing for another significant upward move. However, his outlook remains based on technical analysis rather than a guarantee of future performance.
The chart he attached highlights what Danny describes as a multi-year ascending support trendline. He noted that this support has repeatedly acted as the foundation for XRP’s long-term price structure.
Three Successful Retests Form the Basis of the Analysis
Danny’s chart suggests creating an ascending trendline followed by three separate retests. In the earlier market cycle, he identified the initial formation of the trendline, a first retest, a second retest, and a third retest before XRP experienced a dramatic breakout that eventually carried the asset to its all-time high.
He believes the current market has followed a nearly identical path. The chart labels another creation point and three successive retests stretching from 2019 through 2026. According to Danny, XRP has now completed the third retest of the same long-term support, placing the asset in a position comparable to its position before its previous major rally.
He stated that once the third retest holds, the expansion phase could accelerate quickly. His chart illustrates a series of higher highs after the third retest, with projected price movements extending into double-digit territory.
Roadmap Outlines Progressive Price Targets
Based on this interpretation, Danny outlined a three-phase roadmap for XRP.
The first phase projects a move from approximately $1.10 to $0.97 to $1.80. The second phase anticipates a rise from $1.80 to $2.70 to $3.20. Finally, the third phase targets a continuation from $3.20 to $6.50 before ultimately reaching $13.00.
Danny also referenced XRP’s previous market performance, noting that the last time this long-term structure remained intact, the asset rallied by more than 60,000%. He explained that the current chart repeats the same trendline and suggested that many market participants are underestimating its potential.
The analyst added that most XRP investors will likely wait for confirmation before changing their outlook, implying that the largest portion of any potential move could occur before broader market confidence returns.
Danny also pointed to what he described as a history of successful market calls, stating that he accurately identified every major S&P 500 selloff, Bitcoin’s 2025 all-time high, and Bitcoin’s decline from $126,000 to $60,000. He further claimed that he was among the few analysts who correctly identified the market top in October, presenting those calls as reasons to give weight to his current XRP forecast.
While his projection is based on historical chart similarities, it represents his personal technical outlook and should not be interpreted as a certainty of future price performance.
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.
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