XRP is trading near $1.08 on its monthly chart, but cryptocurrency analyst and investor Celal Kucuker has outlined a technical setup that suggests the token may target $6.02 in the next significant upward move. Kucuker’s analysis points to the formation of a structural pattern that could drive XRP to new all-time highs if key levels hold and regulatory developments align.
Long-term price pattern signals potential
After the digital asset peaked in early 2018, XRP entered a prolonged symmetrical triangle pattern on the monthly chart. This technical structure compressed the price between a descending upper boundary and a rising lower boundary for years, building up momentum for a potential breakout.
The eventual breakout from this triangle, which took place in late 2024, propelled XRP above $3 and ultimately to a record high of $3.65 in July 2025. Despite reaching this milestone, XRP was unable to sustain the gains and quickly retraced, marking the high as unstable on the chart.
Technically, Ripple’s first real all-time high target is just above $6. If the CLARITY Act passes, $XRP could benefit just as much as Ethereum, and that would make XRP one of the strongest bull market contenders. XRP is more institutional and more American than $ETH, according to Celal Kucuker.
Current trend and key support zone
Following the triangle breakout, XRP began trading within an ascending channel, with the lower boundary of the channel providing critical support near its present price level. Kucuker expects XRP to retest this support before potentially advancing toward the $6.02 target.
His chart marks major price points with labels such as Break of Structure and Change of Character, highlighting pivotal moments during market rallies. The most recent bullish signal was registered during the sharp upward movement in 2024. This channel now frames XRP’s current trading range, with the lower support zone considered crucial to maintaining the bullish outlook.
| Event | Date | XRP Price | Pattern/Level |
|---|---|---|---|
| All-time high | July 2025 | $3.65 | Symmetrical triangle breakout |
| Current support | July 2026 | $1.08 | Ascending channel lower boundary |
| Projected target | Not specified | $6.02 | All-time high target |
The potential regulatory catalyst: CLARITY Act
Alongside technical factors, Kucuker identified regulatory developments as a possible tailwind for XRP. He drew particular attention to the CLARITY Act, a legislative proposal currently awaiting a Senate vote in 2026, indicating that its approval could allow XRP to benefit on par with Ethereum. He also noted that XRP has a distinct institutional profile and strong connections to the US financial system.
Mini dictionary: CLARITY Act, a proposed US legislative measure focused on defining regulatory guidelines for digital assets, aiming to provide legal clarity for cryptocurrencies and their classifications.
What to watch for XRP’s breakout scenario
The durability of the ascending channel’s lower boundary is seen as pivotal for XRP’s trajectory. A firm hold at this support keeps Kucuker’s $6.02 price target in view and validates the bullish technical structure.
Years of sideways trading in the symmetrical triangle have given way to a defined channel, and chart signals such as confirmed structure breakouts continue to support the bullish case. Both technical and potential regulatory factors are converging on the same direction for XRP, contingent on ongoing support.
The breakout from the multi-year pattern placed XRP into a structure that now signals an attempt at new all-time highs. With current support near $1.08 and the possible boost from the CLARITY Act, this setup could prove critical for the cryptocurrency’s next move.
