Market analysts have shared long-term projections for XRP suggesting a multi-cycle climb toward $153, based on a pattern of increasing Fibonacci expansion levels. Technical analysis indicates the asset has been trading in a prolonged descending channel since its peak near $3.50, with current support identified between $1.10 and $0.50. Indicators now show a forming bullish divergence on the MACD histogram, signaling weakening bearish momentum that could precede a significant breakout.
Analyst TARA shared a long-term projection on March 16, outlining how multiple macro cycles could push XRP beyond $100. The model, focusing solely on price expansion, projects cycle highs at approximately $3.65, $8.68, $22.50, $59, and eventually $153.
Separate analysis from JD examined short-term price action, showing XRP trading in a descending channel following its peak. The asset has been moving toward the channel’s lower edge, with a potential support zone between $1.10 and $0.50 where buyers may accumulate.
Momentum signals now point to a possible reversal setup as the price forms lower lows. “This phenomenon is known as bullish divergence, which is a technical analysis term for diminishing bearish momentum.”
The MACD histogram is creating higher lows, suggesting selling pressure may be abating. A breakout from the channel’s resistance could open the door for a major upside move in the next market cycle.
