A historical parallel prompts one analyst’s bold call for XRP — and it’s tied to a rally that hasn’t happened yet.
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Sample Channel Tracks 9 Month Price Action
Chartist Jalal Kuchuker has identified a bearish channel that has guided XRP’s price movement since the token hit a record high of $3.6 in July 2025.
The channel has two boundaries: the lower trend line that is further away – until XRP returns from $3.4 in January 2025 – and the upper line that was formed after the July peak. Together, they tested the price tag for nine months.
Two of Kuchuker’s intended targets within that channel have already been hit. XRP rose to $2.4 in January 2026 and reached an uptrend line, then reversed and fell to $1.1 in early February, landing near the lower boundary. Both moves were largely executed as the analyst noted.
XRP is now trading around $1.41, down 24% year-to-date.
Ripple XRP
$2.40 ☑️
$1.10 ☑️
$1.80 ⌛️
$0.90 ⌛️
$8.60 ⌛️ September – December pic.twitter.com/dFilurLCVC— Jalal Kucuker (@CelalKucuker) March 13, 2026
Two more moves before a potential breakout
According to Kukuker’s roadmap, the price action is not done yet. He expects XRP to rise to $1.8 – a retest of the upper line – before returning to around $0.9, which would indicate another touch of the lower boundary and possibly push the token below $1.
Only after this final test, in his opinion, will the setting appear to break.
Once that breaks, Kukuker puts the top target at $8.6. The projects will be launched from September to December 2026. From the estimated breakout price, this represents a 330% gain.
This percentage is not arbitrary. This reflects the last time XRP broke out of a similar structure. After clearing the comparable bearish channel in November 2024, the token rose 330% and reached $3.4 by January 2025. The current prediction applies the same multiplier to the new setting.
The broader market adds to the uncertainty
The crypto market has not made things easy. Reports indicate that the global crypto market has dropped 18% since January to around $2.4 trillion. XRP’s losses outweigh this decline.
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None of this, in and of itself, disrupts technical forecasting, let alone the macro conditions that are charted. But the scale of the projected move — from a potential high near $0.9 to $8.6 — will require sustained buying pressure for several months, with few disruptions along the way.
Cooker did not set a chart for movement near $1.8 and $0.9. These steps are viewed as prerequisites, not endpoints. The $8.6 figure comes into play only after breaking the channel upwards.
As of March 14, XRP continues to trade well within the channel, and the next key level – a test of the $1.8 upper line – is still to come.
Featured image from Shutterstock, chart from TradingView
