XRP Chart Signals Repeat 2024 Surge, $20 Price Target Draws Attention
A chart analysis by a prominent supporter of Jake Claver on X suggests that XRP's price action in 2026 may repeat its historic rally in 2024. The descending triangle pattern observed in both periods appears nearly identical, fueling speculation among investors.
The fan account highlighted two clear lows inside the narrowing triangle and the asset's press against long-term support before staging a dramatic upside move. In 2024, XRP surged from $0.50 to more than $3 within several weeks, representing a gain of over 500%.
According to the analysis, the 2026 chart is replicating this structure, displaying two lows within a descending triangle. The second low emerged as XRP dipped below $1 in August, and the price then rebounded sharply, rising by more than 50% within just a few days.
The account linked the potential price target of $20 to Ripple's ongoing initiatives and suggested that holders of 5,000 XRP could benefit from significant gains. The post described the possibility that with Ripple's progress, XRP holders could see their holdings surge in value and called XRP 'the next big thing.'