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Reading: XRP must reclaim $1.23 and break $1.65 to reach $6.40, analysts say
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COINTURK NEWS > Ripple (XRP) > XRP must reclaim $1.23 and break $1.65 to reach $6.40, analysts say
Ripple (XRP)

XRP must reclaim $1.23 and break $1.65 to reach $6.40, analysts say

In Brief

  • 🚀 Skipper outlines the price levels XRP must reclaim to target $6.40 and beyond.

  • 📊 $XRP needs to hold $0.85, reclaim $1.23, and then break $1.65 for bullish momentum.

  • 👀 Analysts say longer-term targets up to $30 depend on clearing each technical barrier.

  • 📅 XRP community sees both skepticism and optimism as traders watch key chart milestones.
Dr. Levent Kurt
Dr. Levent Kurt 2 hours ago
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XRP investors are closely watching the cryptocurrency’s key price levels after analyst Skipper outlined a series of resistance points that could shape XRP’s path toward new highs in the coming months.

Contents
Analysts outline key resistance levelsEgrag Crypto shares similar outlookXRP community debates outlook

Analysts outline key resistance levels

Skipper, an influential figure in the XRP community, shared a technical roadmap that highlights important milestones for the token’s price performance. According to the analysis, XRP’s long-term bullish structure remains intact, but the asset must first maintain a support level at $0.85.

Progressing from this base, Skipper identified $1.23 as the next significant price that XRP will need to reclaim to confirm continued bullish momentum. The following resistance sits at $1.65, which analysts consider the final barrier before a move into the $3 to $3.50 range can realistically be targeted.

Analyst projections state that clearing $1.65 would shift focus toward $3 to $3.50, while a move beyond that could set new medium-term targets at $6.40. If the market structure remains constructive, the analysis includes an ambitious long-term target up to $30, contingent on successive resistance levels being surpassed.

LevelStatusNext Target
$0.85Support (must hold)$1.23
$1.23Key resistance to reclaim$1.65
$1.65Critical resistance$3 – $3.50
$3 – $3.50Major area to break$6.40
$6.40Medium-term target$30 (long-term projection)

Skipper emphasized that traders should watch for confirmation of each breakout before expecting the next target to be attainable, reinforcing a step-by-step approach rather than immediate price acceleration.

Egrag Crypto shares similar outlook

Recent analysis from Egrag Crypto, another well-known market observer, aligns with Skipper’s technical perspective. Egrag Crypto described XRP as currently retesting a macro breakout after recently moving above a multi-year symmetrical triangle price pattern.

He suggested that the continuity of this structure could determine whether XRP resumes a broader uptrend. Egrag Crypto maintains a $6.40 medium-term target for XRP, while also considering the possibility of a long-term rally to $30 if technical conditions continue to develop favorably.

XRP, launched by Ripple Labs, was designed to facilitate fast and cost-effective cross-border payments, making it one of the earliest utility-focused cryptocurrencies.

Mini dictionary: Symmetrical triangle, a chart pattern in technical analysis where price consolidates with lower highs and higher lows, indicating a potential breakout in either direction once the pattern completes.

Both Skipper and Egrag Crypto expect XRP’s medium-term and long-term targets to be achievable only if the token can sustain its current technical trend and successfully break through the highlighted resistance points.

XRP community debates outlook

The roadmap shared by Skipper sparked mixed reactions among XRP supporters. One commenter, Beauboeuf55, dismissed the value of technical analysis for XRP, arguing that the asset’s price action is more influenced by broader market factors and potential manipulation.

Beauboeuf55 stated that XRP’s progress as a utility token would depend more on regulatory advancements than on chart patterns, citing the CLARITY Act as an important legislative development for future prospects.

By contrast, XRP HERALD expressed support for the technical framework, noting that clearing the $1.23 resistance would provide traders with a meaningful first signal in a potential bullish reversal. XRP HERALD believes that breaching $1.65 could make higher price goals considerably more realistic for the asset.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Dr. Levent Kurt 29 July, 2026 - 4:52 pm 29 July, 2026 - 4:52 pm
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Dr. Levent Kurt
By Dr. Levent Kurt
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Levent Kurt, who has been closely following the cryptocurrency and blockchain ecosystem since 2013, is the Editor-in-Chief and Co-Founder of COINTURK.Kurt, who holds a Ph.D. in Data Science, conducts research on Bitcoin, altcoins, blockchain technologies, digital asset markets, data analysis, and global developments in the cryptocurrency sector. He is the author of “Cryptocurrency Bitcoin: In Pursuit of Financial Freedom”, published in 2015.In the news, analysis, and research published on COINTURK, he aims to provide readers with reliable and understandable information by combining a data-driven approach with market experience and an assessment of technological developments.
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