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Data Analyst Says XRP Will Hit This Price in the Bull Run
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Crypto analyst Celal Kucuker (@CelalKucuker) has outlined an ambitious outlook for XRP, pointing to a long-term chart structure. It projects a move toward $17 during the current bull market cycle.
In a recent post on X, the analyst stated that XRP looks so strong it could hit $17 during the bull run, adding that it could also challenge Ethereum’s position.
The forecast comes alongside a weekly XRP chart that highlights a multi-year technical structure stretching back to 2017. The analysis centers on XRP’s breakout from a long-standing consolidation pattern and its position above a falling trendline that acted as resistance for years.
The Multi-year Pattern
The chart focuses on a descending trendline of XRP’s 2018 peak. For years, that trendline served as a major resistance level and repeatedly capped upside attempts. According to the chart, XRP broke above that long-standing resistance in late 2024, marking a significant shift in market structure.
The breakout followed years of consolidation within a large triangle pattern formed by falling resistance and rising support. Rather than focusing on short-term price swings, the analysis highlights the importance of XRP holding above the former resistance line. If that area continues to act as support, the breakout structure remains intact.
The chart also shows XRP trading within a larger ascending channel that has guided price action for several years. That channel provides the foundation for the analyst’s long-term outlook.
Path Toward Higher Targets
After reaching a peak of $3.65 in 2025, XRP entered a corrective phase. Kucuker’s chart suggests this pullback could represent a retest of the breakout area before the next advance begins.
A projected path on the chart shows XRP stabilizing above the former resistance zone before resuming its upward trend. The projection then points toward the upper boundary of the ascending channel. That upper channel resistance aligns with a target of roughly $17.53, which appears on the chart as the ultimate objective of the move.
What Comes Next for XRP?
Kucuker’s outlook extends beyond price targets. The analyst believes XRP could challenge Ethereum’s position in the cryptocurrency rankings if the bullish setup on the chart continues to develop.
At $17.53, XRP’s market cap would surpass $1 trillion. This would make it 5x larger than Ethereum, which currently sits at $202 billion. If the former resistance level continues to hold as support, the breakout structure would remain intact, and XRP could reach these astronomical levels.
Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*