Analyst: XRP Will Run to $10 and Beyond Once This Happens

Technical analyst ChartNerd has shared a critical XRP price level, presenting a long-term monthly chart that outlines historical support and potential upside targets. The shared analysis suggests XRP’s next major move may depend on how the asset behaves around the $2 region, a level the chart indicates could act as a foundation for further expansion if maintained on higher timeframes.

Detailed Chart Analysis

The chart presented displays XRP price activity extending back nearly a decade, with specific emphasis on several recurring support zones. The $0.50 region appears as a mid-range structure that has been tested multiple times in prior cycles, while the $0.175 level marks a historical macro floor. Below that sits $0.005, representing an early accumulation phase. The recent market structure places XRP above these historical levels, with current price action moving within proximity of the projected $2 threshold.

Green markers on the chart highlight past periods of accumulation that preceded upward momentum, suggesting repeated instances in which long-term holders strengthened positions before subsequent recoveries. The chart positions the $2 level as the next meaningful area of defense, implying that the monthly closing strength around this zone could determine whether XRP enters another extended bullish phase.

Outlook for Potential Upside Run

Alongside the chart, ChartNerd referenced commentary from another market researcher who proposed that XRP could consolidate or defend the $2 level on the monthly timeframe until conditions align for a move toward $10 or higher. According to that viewpoint, the timing of such a move remains uncertain. The researcher stated that this transition could occur soon or several months from now, but expressed minimal expectation that the asset would remain below $2 for an extended period if bullish conditions take hold.

Community reaction included differing opinions. One user, identified as Jay, responded dismissively to the idea, stating “lol. No chance,” indicating skepticism regarding both the sustainability of the $2 level and the likelihood of a move toward double-digit pricing in the near term.

The focus on the $2 level reflects broader sentiment that market structure rather than short-term volatility may define XRP’s next major directional move. Whether the asset experiences a sustained consolidation phase or tests lower levels before attempting higher targets will depend on market participation, liquidity conditions, and broader economic influences.

For now, ChartNerd’s analysis underscores the importance of monitoring monthly closes and structural strength at this key price area, as market participants watch for confirmation of either renewed momentum or extended hesitation.