Ripple Eyes Breakout as Analyst Targets $2.07

XRP has once again touched a key trendline on its weekly chart, an occurrence that has preceded each major bull run for the cryptocurrency since 2020. According to crypto analyst Steph Is Crypto, this latest touch in 2026 marks the third instance of this pattern in just six years.

The analyst pointed out that previous contacts with this trend line led to substantial upward moves for XRP. On lower timeframes, Steph Is Crypto noted that XRP has formed a bull flag on the 8-hour chart over the last 12 days, accompanied by Bollinger Bands compression and surge volume data at 12-month lows.

The analyst sees this pattern as similar to those before previous surges, advising traders to watch for shifts in participation. Steph Is Crypto also highlighted that surpassing $1.43 could trigger a breakout toward $2.07, driven by technical patterns and historical precedent rather than external market catalysts.