A monthly chart by shared by analyst MikybullCrypto.
The key takeaways
- XRP’s price has risen by approximately 30% from the lows of February.
- The price of XRP is at a low point, as indicated by multiple fractals and the strong XRP inflows.
Chart of XRP suggests rebound to $12
Milkybull’s chart shows XRP moving within a rising channel which has guided the price since 2014. XRP is now near the channel’s lower trendline around $1.30–$1.40, a zone that previously acted as a launchpad for large upside moves.
Source: TradingView/MilkybullCrypto. Source: TradingView/MilkybullCrypto
Analysts say XRP could be a good investment. “probably going to $12,” The level is aligned roughly with the middle of the channel.
Momentum indicators are in favor of the thesis. XRP’s monthly relative strength index (RSI) has cooled toward a historical support area near 40–45, similar to levels that appeared before past rallies.
It is a Thursday postJD, an analyst at JD Research pointed out that the RSI’s support zone could be a good place to look for a new trend. “cycle bottom” Signal for the XRP.
On his two-week graph, XRP breaks out of a symmetrical multi-year triangle and pulls back to the breakout zone.
XRP/USD two-week chart. Source: TradingView/JD
The chart’s projected green target zone aligns with the $8–$14 range, implying strong upside if XRP holds the retest zone.
Bullish forecasts are a result of XRP’s recent sharp recovery, which has seen it rise by around 30% since its lows in February at $1.11.
Related: XRP price copies 2025 chart fractal that last time sparked 66% gains
XRP has largely benefited in the past few months from a renewed risk-taking sentiment fuelled by the US–Iran ceasefireThe fundamentals for each market are also included.
This includes Rakuten Wallet’s XRP integrationThe token has expanded its reach to Japan thanks to $81.6m in April ETFs that track US spot XRP. strongest monthly total of 2026.
In just the first few days of May alone, $28.17 millions in XRP inflows were recorded.
US XRP ETF net flows. Source: SoSoValue
XRP still risks 2022-style bear market repeat
The bullish XRP set-up is not guaranteed. The bears are going to try and pull the price lower than the channel’s support. It would nullify the bullish pattern and expose XRP to further losses.
Monthly chart of the XRP/USD. Source: TradingView
Near $1.33, the support is closely overlapping with XRP’s exponential moving average of 50 months (50-month EMA; red line).
The 100-month EMA, or purple line, is near $0.93. This implies a 30% decline from the current level. A similar drop occurred during the bear market in 2022.
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Source: cointelegraph.com
