Ripple is faced with one of its most significant technical setups ever: the ascending broadening wedge. This volatile pattern is not going to deliver much in the way of certainty—just probabilities. And presently those probabilities are not in our favor. A 70% chance sees XRP down to $0.65, a brutal potential destination. A break out north is only 30% likely.
Here’s how this would work out: XRP has to close over $3.50 to create true momentum. A run to $5 doesn’t count unless it closes over this point. If it’s rejected there, we are looking at a probable retest near $1.90. The next test is whether or not XRP can rise again to $6 with a close. If it does this, fasten your seatbelt. We might be speeding toward the long-hoped-for double digits in no time.
The final destination of this setup? A whopping $17.50. But don’t get too thrilled yet. Without that initial close over $3.50 and the follow-through second push over $5, this setup remains unfinished. And unfinished patterns tend to break down.
XRP triangle echoes past, could 15x again
Casi Trades, the crypto analyst, had their say with another outlandish call. In their analysis, it says that XRP is preparing to go big—but timing it? That’s the trick. Referring to past triangle structures in the price action of XRP, Casi finds a parallel with the current and past forms. The initial triangle concluded after 210 days and propelled XRP by 15x. The one it has now? It has been developing for 2,373 days.
Based on that same ratio, the price estimate is in the area of $80—eighty dollars. Casi cautions this is not blind speculation; it is math. A wave three (W3) extension, which might be 2.618x, would place XRP at $9.40. But crypto markets tend to break norms. 3.618 or even 4.618 extensions are on the table here with targets over $13.
Still, these are not assurances. They have high stakes and high return probabilities. Regardless of whether you’re betting on $17.50, $80, or preparing for $0.65, know the rules before the game. Again, it is never a matter of certainty. It is a matter of being ready.
