A recent chart shared by crypto analyst Steph has brought attention to XRP's price dynamics. He shared his bullish expectations regarding the price trajectory of XRP.
XRP Chart Analysis
Steph Is Crypto shared a weekly chart of XRP, showing a clear ascending channel defined by two parallel trend lines. He marked four key points on the chart where XRP tested both trend lines, reinforcing the validity of the channel.
Potential Targets for XRP
According to the chart, the projected price of XRP could reach $16, which is 338.36% higher than its all-time high. The analysis is based on a series of higher lows and higher highs that indicate consistent price growth.
Renewed Interest in XRP
Recently, XRP has garnered renewed interest from traders and investors, showing remarkable performance in 2025. If the asset can maintain its current momentum, it might reach the projected target sooner than anticipated.
The cryptocurrency market continues to closely monitor XRP's dynamics. If the asset can sustain its current trend, it may lead to new historical highs and significant changes in its price.
