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Reading: XRP targets $2.30 as analyst maps out next cycle move
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COINTURK NEWS > Ripple (XRP) > XRP targets $2.30 as analyst maps out next cycle move
Ripple (XRP)

XRP targets $2.30 as analyst maps out next cycle move

In Brief

  • 🚨 Analyst targets $2.30 for $XRP after spotting new cycle phase.

  • 📈 XRP sits at $1.3049, entering a critical Manipulation stage before potential breakout.

  • 📰 Previous AMD cycle led to a 50% rally, with similar setup seen now.
İlayda Peker
İlayda Peker 5 seconds ago
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XRP has been following a series of repeatable price cycles, according to crypto analyst Cleo Schmidt, who recently shared a daily chart outlining XRP’s movement from June through October 2026. The chart highlights a completed phase and a second, ongoing pattern, with Schmidt suggesting that the present moment plays a pivotal role in determining XRP’s near-term direction.

Contents
AMD pattern guides XRP’s structureDistribution phase and projectionsCycle timing and implications

AMD pattern guides XRP’s structure

Schmidt identified the AMD pattern—Accumulation, Manipulation, Distribution—as the framework shaping XRP’s recent price action. One full cycle has played out already, while the next is actively unfolding. During the first cycle, XRP remained in a consolidation zone between $1 and $1.20 from July into early August, marking the Accumulation stage.

This was followed by a pullback below $1, categorized as the Manipulation phase. The move culminated in a swift rally that took XRP up to $1.68, entering the Distribution phase and completing the cycle.

A new cycle began directly afterward. XRP consolidated between $1.40 and $1.55, then retreated to $1.3049. Schmidt indicates that this current price point reflects the Manipulation phase of the second cycle, mirroring how the first cycle developed before its breakout.

The current cycle’s structure shows XRP sitting squarely in the Manipulation phase, with price now below the previous Accumulation range. This positioning is nearly identical to where XRP stood before its prior surge, according to Schmidt’s analysis.

Distribution phase and projections

Schmidt maintains that the Distribution phase is imminent and could follow the present Manipulation period. According to her projection, the next significant price move targets a range between $2.20 and $2.30. This would mark a substantial advance over the previous cycle’s peak.

Schmidt described the current setup, noting that “distribution is coming next.” The projected target boxes on her chart suggest an optimistic outlook if the AMD pattern repeats. Schmidt emphasizes that XRP is “set to reach great heights during this cycle.”

Cycle timing and implications

The earlier stages of the pattern saw each phase unfolding with minimal delay. Should this progression continue, XRP could rapidly transition from the Manipulation phase to Distribution, delivering a move that outpaces the previous high.

Schmidt’s analysis cautions that many traders may be caught off guard by the next directional move if current technical expectations play out, especially as price retracements in the cycle can be sharp and short-lived.

Amid technical discussions about phase transitions and rapid market moves, monitoring investor timing and token selections remains vital—especially in sectors dominated by fast-moving trends. In the meme token market, for example, an online trend can quickly gather millions of dollars in interest. Data from Fomo App highlights a striking case where a $99 investment in the “Niu Lai” token grew to about $370,000. Platforms like Fomo App, which integrate token discovery, live trade updates, investor rankings, and social feeds, make it easier for investors to track both prices and influential trades in real time.

Schmidt’s projection forecasts a price range of $2.20 to $2.30 for XRP in the coming Distribution phase, making this cycle’s target considerably higher than the last.

At the current price of $1.3049, XRP stands within its Manipulation range, preparing for what technical analysis suggests could be a significant upward movement.

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İlayda Peker 20 October, 2026 - 1:00 pm 20 October, 2026 - 1:00 pm
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İlayda Peker
By İlayda Peker
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The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
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