XRP's Accumulation Base Signals Bullish Structure

XRP has formed an accumulation base in the $1 to $1.70 range after its recent move below $1 and rebound toward $1.70, according to analyst ChartNerd.

The price action is part of a structure that can characterize a macro bottom, with XRP dipping 73% from $3.66 in July 2025 to $0.978 in August 2026 before recovering over 72%. This combination of deep correction and recovery gives XRP additional time to establish a foundation heading into the end of 2026.

ChartNerd notes that another move toward similar territory could occur before the 'real repricing', meaning that another decline toward the $1 area would not necessarily invalidate the longer-term bullish structure. He maintains his target prices of $8, $13, and $27 by 2030, implying around 6X to 21X upside from the current level.