An XRP price model from independent chart analyst Celal Kucuker outlines two more moves inside a long-running descending channel before any chance of a breakout, with a post-break target of $8.6 later in 2026. XRP trades near $1.41 as of March 14, down about 24% year to date.
Nine-Month Channel Guides XRP Price
Kucuker’s chart maps a descending channel that has contained XRP since the token peaked near $3.6 in July 2025. The structure is defined by:
- A lower trendline traced back to a pullback from roughly $3.4 in January 2025
- An upper trendline formed after the July 2025 peak
According to the analyst, XRP has already fulfilled two projected moves within this channel in 2026: a rebound to about $2.40 in January that touched the upper boundary, followed by a decline to around $1.10 in early February near the lower boundary.
Two Steps Before Any Breakout
Kucuker’s roadmap, shared on March 13, envisions two additional swings inside the channel before a possible upside break:
- $1.80: a move to retest the upper trendline (pending)
- $0.90: a subsequent drop toward the lower boundary (pending)
Only after a successful retest and a break above the channel does Kucuker see scope for a larger advance. He targets $8.60 between September and December 2026, implying a gain of roughly 330% from the anticipated breakout level. The percentage mirrors a prior move: after breaking out of a similar descending channel in November 2024, XRP rallied about 330% into January 2025, reaching approximately $3.4.
Market Backdrop Adds Uncertainty
The broader crypto market has weakened since January, adding uncertainty to technical projections. Reports indicate the global crypto market capitalization has declined during this period, and XRP’s drawdown has been steeper than the overall market.
While such conditions do not directly invalidate a chart-based thesis, the projected path from a potential sub-$1 retest to an $8.6 target would require sustained buying momentum over several months. Kucuker has not specified timing for the interim moves to $1.80 and $0.90, which he frames as prerequisites for any breakout scenario.
Where XRP Stands Now
As of March 14, XRP remains within the descending channel, with the next key level—an upper-trendline retest near $1.80—still ahead. XRP is the native asset of the XRP Ledger, a blockchain used for cross-border settlement and liquidity, and remains among the most actively traded cryptocurrencies by market capitalization.