XRP Analyst Sees Price Soar to $13 in Weeks Ahead
Crypto analyst Celal Kucuker is predicting a significant price increase for XRP in the coming weeks, citing a technical setup known as a falling wedge that has formed during the asset's correction from its all-time high.
The falling wedge is a chart pattern where the upper and lower boundaries of the trend move downward, creating a narrowing range. Kucuker sees this structure breaking higher, with XRP moving above the wedge's upper boundary to create a bullish breakout.
Kucuker identifies several price targets for XRP, including $2.42, which is the asset's 2026 peak. He also lists $2.50 and $3.50 as potential targets, with the latter sitting just above the January peak. The next objective is $6, followed by a long-term projection of $13.