XRP Analyst Sees $5.20 Target After Breaking Descending Trendline
XRP has been on a remarkable journey since breaking above a descending trendline in late August. According to Gina, an analyst who correctly predicted the recent 50% rally, XRP's surge from $1.34 to its current price is just the beginning.
Gina notes that the asset's decline began after it hit an all-time high of $3.65 in July 2025. Her two-stage forecast sees XRP reaching a reload zone at $1.17 before making a significant recovery to $1.90, and then targeting $3.10 with an ultimate objective of $5.20.
The weekly chart supports Gina's narrative, showing five anchor points marking the descending trendline from mid-2025 onward. The breakout candle in late August stood apart from everything else in terms of magnitude. Despite a slight pullback since the breakout, Gina remains confident that XRP will continue its upward trajectory.