XRP Analyst Maps Path to $8.60, But Key Hurdle Must Be Overcome First

XRP has been under pressure in recent weeks due to the Clarity Act delay and broader market weakness, leading its price to dip below $1.00.

However, More Crypto Online, an analyst who has been covering XRP's Elliott Wave structure for months, believes that XRP could potentially reach $8.60 if it can overcome a crucial hurdle.

The chart provided by the analyst shows a potential path to $8.60, but it is not a direct one and involves several corrections and recoveries along the way.

The red zone between $1.66 and $2.80 is identified as the key hurdle that XRP must overcome in order to reach its target price of $8.60.