XRP has entered what some analysts describe as a decisive phase in its long-term market structure. Crypto market observer Cleo Schmidt, who closely follows technical patterns in digital assets, compared XRP’s current setup to the conditions immediately preceding its meteoric 2017 rally. Her analysis highlighted the potential significance of the asset’s current position within this historical context.
The repeating structure
Schmidt’s chart focuses on an ascending support line that has become central to XRP’s long-term pattern. This trendline, she argued, previously signaled a significant upward shift in the market after being retested three times. In the cycle beginning in 2014, XRP returned to this trendline in 2015 for a first retest, again in 2016, and then a third time in 2017. Following the third touch, XRP experienced rapid price expansion.
Schmidt emphasized the parallels to this earlier period. She explained that the last time XRP maintained this support level, the subsequent increase exceeded 60,000% from the breakout to the peak. This historical precedent forms the basis for her current outlook on XRP’s trajectory.
In her view, “the last time this support level held, the price surged over 60,000%.” The chart pattern she references shows a creation phase on the ascending support, followed by three retests before a sharp move higher.
The current cycle reaches its third retest
A similar structure has developed in recent years. Schmidt identified the beginning of the current cycle in 2019, with the formation of a new ascending support. She observed that XRP completed its first retest of this support in 2021, then again during 2024, a move that coincided with a 500% rally that pushed prices above $3 in early 2025. The third retest, she says, arrived in 2026.
Schmidt’s analysis places XRP at an inflection point equivalent to the one in 2017, prior to its last historic surge. Although a breakout has not yet materialized, she contends the technical setup could pave the way for significant upside targets if the trend remains intact.
XRP currently trades at approximately $1.31 after recovering from a recent drop to $0.9884. This decline briefly took the token below Schmidt’s initial target level of $1.10, but the move was followed by a swift rebound, keeping the technical pattern intact.
Mini dictionary: Cleo Schmidt – A digital asset analyst recognized for detailed technical analysis and market cycle studies, particularly in the context of XRP and major altcoins. She is known for identifying recurring chart structures and mapping price movements based on historical trends.
The roadmap for XRP
According to Schmidt’s price roadmap, the initial milestones are $1.10 and $0.97. With XRP trading near $1.31, these levels are closely watched as support and resistance. Her first significant upside objective is $1.80, followed by price targets of $2.70 and $3.20. Schmidt’s longer-term projections include $6.50 and a peak near $13, provided the ascending support remains valid after its third retest.
She suggested that a confirmation of the support at this third retest could trigger accelerated gains. Current price moves place the market around the starting point of her anticipated expansion phase, though Schmidt’s targets remain prospective until technical confirmation occurs.
“No one is ready for $XRP’s next move,” Schmidt argued, citing the similarities with 2017’s setup and outlining her expected path: $1.10, $0.97, $1.80, $2.70, $3.20, $6.50, and $13. She added that once support is confirmed, the market could see a rapid move higher.
| Cycle | Support formation | 1st retest | 2nd retest | 3rd retest | Result |
|---|---|---|---|---|---|
| 2014-2017 | 2014 | 2015 | 2016 | 2017 | Surged 60,000%+ |
| 2019-2026 | 2019 | 2021 | 2024 | 2026 | Awaiting breakout |





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