XRP is back in "big target" territory as Crypto Patel shared a higher-timeframe chart calling for a multi-year breakout that could eventually reach $10 and above.
The analysis frames XRP as a market that has completed a long accumulation phase, broken out of a descending wedge, and now requires time to build momentum for the next upward leg. On the chart, the XRP price is trading around $1.96, situated within a clearly marked support band that Patel identifies as an accumulation zone.
XRP Chart Breakdown: What Crypto Patel Is Showing
The core of the technical setup is the descending wedge that formed from 2020 to 2024. During this period, XRP compressed under a downward-sloping resistance line while maintaining a rising support line. This pattern typically culminates in an expansion of volatility, and Patel considers the breakout confirmed by the price surge above the wedge.
He highlights the move from approximately $0.60 as the breakout trigger, which was followed by a more than 600% expansion. Following this surge, XRP experienced a cooling-off period and began establishing a new trading range. The current focus is on XRP defending this post-breakout zone and preparing for the next impulse move, rather than actively breaking out at this moment.
The chart also delineates a Fair Value Gap (FVG) or accumulation zone between $1.90 and $1.30. Regardless of whether this label is interpreted as a "fair value gap" or simply a liquidity pocket from the prior run-up, the underlying message remains consistent: Patel views this zone as the market's reset area. Holding this level is crucial for maintaining the integrity of the higher-timeframe structure, while a break below it would significantly alter the entire bullish thesis.
Key Levels to Watch Before $10 Targets
The $1.90–$1.30 band serves as a critical make-or-break area. Patel's invalidation point is defined as a higher-timeframe close below $1.30, providing a clear line in the sand for the setup. If XRP closes below this level and fails to reclaim it, the "multi-year breakout" narrative would lose its foundation and be considered a failed expansion.
Above the current range, the chart identifies a significant resistance level around the $3.50 area. This level is important because it represents the first major stress test for the price action. A clean break and sustained hold above $3.50 would signal a shift in market behavior from range management to trend continuation.
Following a break above $3.50, Patel's subsequent targets are projected in a laddered fashion: $5.00, $8.70, and ultimately $10+. These targets align with the typical progression of higher-timeframe setups, where price clears a major resistance, consolidates, and then expands further. The $10 target is presented as a late-stage objective, not an immediate short-term move.
XRP Price Forecast: Assessing the Realism of $10+
A $10 XRP price is not an impossibility, but it is far from a guaranteed outcome. Moving from approximately $2 to $10 represents a fivefold increase. The primary challenge lies in scale; with over 50 billion XRP circulating (depending on the data source and timing), a $10 price point implies a market capitalization in the hundreds of billions. Such valuations are achievable during periods of high risk appetite across the broader market, typically requiring substantial liquidity, strong momentum in major cryptocurrencies, and a compelling narrative that attracts consistent capital into XRP rather than speculative, short-term flows.
The current analysis assumes that the market will establish the current zone as a durable base for XRP. While this is possible, achieving higher targets usually necessitates a visible catalyst or a significant shift in overall crypto market sentiment. Without such drivers, the price could experience prolonged consolidation, potentially testing the patience of investors even if the long-term structure remains bullish.
The most straightforward way to view the path to higher targets is that the $10 objective becomes more realistic only after XRP demonstrates its ability to reclaim and hold levels that fundamentally alter the market's posture. The $3.50 area represents the first significant hurdle. Repeated failures at this resistance would transform the journey to $10 into a lengthy and challenging process. Conversely, a decisive break and hold above $3.50 would make the chart's long-term roadmap appear less ambitious and more akin to a standard continuation cycle.
For the time being, the entire setup hinges on a single core idea: XRP must maintain its bullish stance on higher timeframes while holding above the $1.30 support level. Concurrently, the market must continue to treat the $1.90–$1.30 zone as a valuable accumulation area rather than a trapdoor leading to further declines.