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Reading: XRP surges 50% after trendline breakout, analyst sets next target at $5.20
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COINTURK NEWS > Ripple (XRP) > XRP surges 50% after trendline breakout, analyst sets next target at $5.20
Ripple (XRP)

XRP surges 50% after trendline breakout, analyst sets next target at $5.20

In Brief

  • 🚀 XRP jumped 50% after breaking above a critical trendline.

  • 📊 Analyst Evelyn now targets $5.20 as the next major price milestone in $XRP.

  • 🕒 The move followed over a year of resistance since July 2025’s all-time high.

  • ⚡Market momentum remains as attention shifts to new technical levels.
Onur Atam
Onur Atam 2 hours ago
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Crypto market watcher Evelyn (@Evelyn31602006) has brought renewed attention to XRP’s recent performance, pointing out that a key price breakout occurred just as she anticipated. Her analysis focused on a persistent descending trendline that began at XRP’s all-time high in July 2025 and consistently deterred price advances for more than a year.

Contents
The trendline rejections and breakoutEvelyn’s next targets for XRPXRP’s technical setup moving forward

The trendline rejections and breakout

Since reaching its peak in July 2025, XRP repeatedly faced resistance along the same downward trendline, which acted as a ceiling for the asset. Over this period, sellers maintained control, resulting in at least five clear rejections at progressively lower highs. Throughout the first half of 2026, XRP compressed around the $1 range while still respecting this resistance.

In August 2026, XRP decisively breached the trendline. The move was swift, with the token soaring more than 50% in less than three days. However, the rally stalled after the CLARITY Act failed to pass the Senate, which brought renewed selling pressure and pulled XRP below $1.30. Despite the pullback, the price managed to hold above a crucial support level.

The weekly chart showed repeated failures at the descending trendline, confirming its significance until XRP’s August breakout led to a rapid 50% gain before facing renewed headwinds.

Evelyn had previously highlighted the significance of repeated trendline rejections and warned of a coming move. As the breakout materialized, her prediction about a major price shift proved timely.

Evelyn’s next targets for XRP

With the trendline broken, Evelyn charted a detailed price path for XRP’s next moves. She expects the price to retrace from $1.34 down to $1.17, then rebound to $1.90 in the first sequence. From there, she projects the second sequence to propel the asset from $1.90 to $3.10 and, eventually, to $5.20—a new all-time high.

Evelyn stated that XRP should not be expected to drop too soon, suggesting any pullback could be limited and may precede a stronger upward move into 2027.

Evelyn’s track record has drawn attention after a 50% XRP gain followed her previous forecast. The next phases, if realized, would mark significant price milestones for XRP through late 2026 and into 2027.

Mini dictionary: CLARITY Act, a proposed US legislative bill intended to clarify the regulatory status of digital assets, which, if enacted, could have significant implications for cryptocurrency markets and compliance standards.

MovePrice TargetStatus
Breakout surge+50% from previous levelsCompleted
Short-term pullback$1.17Projected
First rebound$1.90Projected
Second sequence$3.10Projected
All-time high$5.20Projected

XRP’s technical setup moving forward

The long-standing trendline that restrained XRP’s price action for over a year has now been surpassed. A potential pullback to $1.17 would reflect a typical retest of the breakout level, which technical analysts often view as a healthy setup in strong upward moves.

With the trendline now acting as support, further gains remain possible if the structure holds. The $5.20 target represents a substantial climb from the current price and is seen by some analysts as contingent on broader market developments and clarity in regulatory issues.

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Onur Atam 19 September, 2026 - 9:09 pm 19 September, 2026 - 7:55 pm
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Onur Atam
By Onur Atam
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The author, who is an attorney, specializes primarily in Information Technology Law and Commercial Law. His areas of interest include internet technologies, the cryptocurrency ecosystem, blockchain applications, and next-generation financial technologies.He closely follows developments in digital assets, cryptocurrency regulations, fintech applications, e-commerce, data security, and areas where technology intersects with the law. His goal is to provide a clear and accessible analysis of current developments in the fields of cryptocurrency and financial technologies from a legal perspective.
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