The post XRP’s 6-Year Pattern Signals Major Price Targets Through 2031 appeared on BitcoinEthereumNews.com.

XRP has been forming a six-year reaccumulation pattern since March 2020. After breaking out in Nov 2024 and rallying to $3.60, XRP is now retesting the breakout zone. Analyst project targets of $12.8 by May 2026, $94 by Nov 2028, and up to $186 if the structure holds. XRP appears to be trading within a long-term reaccumulation structure that began in March 2020. According to recent technical analysis, this pattern could set the stage for notable price targets projected for May 2026, November 2028, and February 2031. Over the past few months, XRP has faced significant selling pressure. Since the fourth quarter of 2025, the cryptocurrency has declined by roughly 51%.  At the time of writing, it trades near $1.38, which is about 61.6% from the 2025 high of $3.66. Despite this downturn, market data suggests the asset is still developing within a large multi-year technical formation that could support a strong upward move in the future. XRP Multi-Year Symmetrical Triangle Market analyst Ahmed Ibrahim highlighted a symmetrical triangle visible on XRP’s three-month chart. This formation began in March 2020, when the asset dropped to around $0.11. That price level established the base of the triangle’s lower trendline, marking the point where buyers began accumulating the token at extremely low valuations. Following this bottom, XRP staged a powerful rebound that pushed the price up to $1.96 in April 2021, forming the first major peak of the structure. After reaching that high, the price encountered resistance and began to trend downward. This decline created the upper boundary of the triangle. From there, the chart developed a classic ABCDE wave pattern over the following years. Wave A: concluded at the $0.11 low in March 2020 Wave B: peaked at $1.96 in April 2021 Wave C: bottomed near $0.30 in January 2023 Wave…

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Filed under: News - @ March 11, 2026 5:29 pm